A Nio executive has denied that he is involved in a robot dog project, after a story last night sparked widespread discussion.
Tesla has released a humanoid robot, and several Chinese car companies, including Xpeng, have announced similar products.
Category: CnEVPost
BYD enters El Salvador passenger car market, opens 1st local store
BYD’s first store in El Salvador showcases models including the Seagull, Yuan Up, Seal, Song Pro DM-i and Song Plus DM-i.
BYD sells cars through a dealer in El Salvador, and its local partner is Energy Motors.
Nio forms team to research AI robot dog project, report says
Nio has assembled a team of around 20 people to research an AI robot dog project, headed by a former Momenta algorithm expert, according to local media.
Nio is now more cautious than before about this new field.
CATL previews net income growth of up to 20% to RMB 53 billion in 2024
CATL’s net income in the fourth quarter is expected to be a record RMB 17 billion, an increase of 31.01 percent year-on-year and up 29.41 percent from the third quarter.
CATL expects revenue to decline by 11.20 percent to 8.71 percent in 2024 due to downward revisions in product prices in line with declining raw materials.
Xiaomi CEO shares data showing SU7 outsold Tesla Model 3 in China in Dec
In the past nine months, the monthly deliveries of the Xiaomi SU7 beat the Model 3 in China four times.
The Model 3 was fifth in retail sales in China in December with 21,046 units, while the Xiaomi SU7 was fourth with 25,815 units.
CATL expected to announce new European JV battery plant this year
CATL currently has battery plants in Germany and Hungary, and last month announced plans for a new joint venture battery plant in Spain with Stellantis.
CATL ranked the world’s No. 1 in the global EV battery market in January-November 2024 with a 36.8 percent share.
BYD Yangwang U9 electric supercar reaches 100-unit delivery milestone
Yangwang officially launched the U9 on February 25, 2024, with the 2-seater model starting at RMB 1.68 million ($230,870).
The U9 is the highest priced model under the BYD umbrella and one of the few supercars from a local Chinese brand.
BYD Yangwang shows capabilities of U7’s body control system with rooftop maze game
Yangwang demonstrated in a video that the U7 can complete a maze game on the roof of the car through the responsiveness of the DiSus-Z body control system.
Yangwang began pre-sales of the U7 last November, with no official launch date set.
China EV insurance registrations by brand for week ending Jan 19: Nio 2,800, Tesla 10,000, Xiaomi 5,600, BYD 55,000
Li Auto had 9,500 insurance registrations last week, Xpeng 9,400, Zeekr 3,600, Leapmotor 7,000 and Aito 6,100.
Onvo did not make it into any of the latest Li Auto lists and the Nio sub-brand had 1,800 insurance registrations in the previous week.
BYD exports 11,038 Shark pickups from China in 1st year of availability
BYD Shark exported 3,410 units in December, bringing full-year 2024 exports to 11,038 units.
BYD launched the Shark in Mexico on May 14, 2024, and the pickup is already available in more markets including Brazil and Australia.
BYD to complete Indonesia plant by year-end
The planned annual capacity of BYD’s Indonesia plant is 150,000 units, and the long-term plan is for the export market.
With this investment, BYD was allowed to temporarily ship its cars to Indonesia free of import duties.
BYD Denza Z9GT, Fang Cheng Bao’s Bao 8 both see cumulative deliveries reach 10,000 units
The Denza Z9GT had an average sales price of RMB 380,000 ($51,950), while the Fang Cheng Bao brand had an average sales price of RMB 332,000 in December.
The Z9GT went on sale on September 20, 2024 and the Bao 8 on November 12, 2024.
Xpeng sees Mona M03 deliveries exceed 60,000 units, latest 10,000 in 15 days
The Mona M03 delivered 15,904 units in December, the fourth month over the 10,000 mark, and contributed 43 percent of Xpeng’s monthly deliveries.
The sedan is the least expensive of Xpeng’s models on sale, at about half the price of the Tesla Model 3.
Xpeng to open new headquarters building in Guangzhou in Aug, plans to expand offices in other cities
The new headquarters building will allow for a threefold increase in office space and a four-level underground garage.
Xpeng will also begin expanding all of its offices in China, including offices in Beijing, Shanghai, Wuhan and Shenzhen.
BYD launches Sealion 07 electric SUV in India, deliveries to begin in Mar
The Sealion 07 has been rebranded as the Sealion 7 in India and is offered in a single-motor variant and a dual-motor variant.
BYD also showcased the Sealion 6 in India — Song Plus DM-i in China, and the Yangwang U8.
Analysts raise ‘5 big conjectures for 2025’, ‘Xiaomi acquiring Nio’ included
A Nio executive quoted the report’s authors as saying it was their internal sharing of their recognition of the Nio brand and the battery swap model.
Other conjectures include X acquiring TikTok and Truth Social and re-listing.
CPCA expects China Jan NEV retail at 720,000 units, down 44.7% from Dec
Overall passenger car retail sales are expected to be around 1.75 million units, down 33.6 percent from the previous month.
The overall market is weak, as the new round of incentives have just been announced, and consumers were in a wait-and-see mood at the beginning of the month.
Li Auto opens its 1st overseas R&D center in Germany
Li Auto opened an R&D center in Munich, Germany, which it said is the first step in its global R&D strategy.
The German team will help Li Auto gain insights into the European market and build development and testing capabilities based on European automotive regulations.
BYD debuts Han L, Tang L as its new push in China’s premium EV market
The Han L and Tang L are the new flagship models of BYD’s Dynasty lineup, targeting the premium segment with prices in the RMB 300,000 ($40,930) class.
The exact prices of Han L and Tang L were not announced today and are expected to be known at a new event in March.
China’s NEV ownership exceeds 30 million units
The number of NEVs in China reached 31.4 million, accounting for 8.9 percent of all vehicle ownership.
China’s BEVs ownership amounted to 22.09 million vehicles, accounting for 70.34 percent of the total 31.4 million NEVs.
