
A video and some pictures show more details of the L90 — the second model of Nio’s sub-brand Onvo.
The Onvo L90 will make its debut at the Shanghai auto show later this month, targeting large families.

A video and some pictures show more details of the L90 — the second model of Nio’s sub-brand Onvo.
The Onvo L90 will make its debut at the Shanghai auto show later this month, targeting large families.

In February, China’s passenger NEV wholesale sales were estimated at 1.14 million units, up 37 percent year-on-year and up 37 percent from February.
In the first quarter, China’s passenger NEV wholesale sales were estimated at 2.86 million units, up 43 percent year-on-year.

Tesla reported first-quarter global deliveries of 336,681 units, missing Wall Street analysts’ expectations of 390,343 units and down 13 percent from a year earlier. Read more…

Tesla China’s March sales were down 11.49 percent from 89,064 in the same month last year.
In the first quarter, Tesla China sold 172,754 vehicles, a 21.79 percent decrease year-on-year and a 28.29 percent decrease from the fourth quarter.

Song, Qin and Seal are the top three BYD lineups in terms of sales in March.
Outside the BYD brand, Denza sold 9,326 units in March, Fang Cheng Bao 8,051 units and Yangwang 133 units.

CATL and Sinopec have entered into a partnership to jointly build no less than 500 battery swap stations this year, with a long-term goal of expanding to 10,000.
The two companies will work together to build energy replenishment networks for passenger cars and heavy-duty trucks.

Cumulative deliveries of the Li L7 exceeded 290,000 units, the most for Li Auto’s L-series.
Li Auto will increase its bet on the BEV segment by launching 2 i-series all-electric SUVs this year.

Shen joined Nio in 2015 and is one of the company’s earliest core management members.
Both the L60 and the soon-to-be-unveiled L90 are some of the most desirable cars of this era, Shen said.

Shen Fei, Head of Nio Power, succeeds Ai as president of Onvo and reports to Nio co-founder and president, Qin Lihong. Read more…

The deliveries included 15,422 vehicles under the Zeekr brand and 25,293 vehicles under Lynk & Co.
In the first quarter, Zeekr Group delivered 114,011 vehicles.

The monthly deliveries included 10,219 vehicles for the Nio main brand and 4,820 vehicles for the Onvo sub-brand.
Nio Inc delivered 42,094 vehicles in the first quarter, within the guidance range of 41,000 to 43,000 vehicles. Read more…

BYD sold a record 72,723 vehicles overseas in March, an increase of 89.22 percent year-on-year and up 8.50 percent month-on-month. Read more…

In the first quarter, Li Auto delivered 92,864 vehicles, near the upper end of its previous guidance of 88,000 to 93,000 units.
Li Auto’s L series is expected to achieve the milestone of delivering its 1 millionth vehicle soon.

Nio Inc continued to offer a five-year, zero-interest financing plan in April for both the Nio and Onvo brands.
This could result in interest savings of RMB 23,612 to RMB 44,341 for car buyers.

This is the second such partnership Nio has entered into in the past few days as it continues to push forward with the construction of battery swap stations.
Nio signed a similar deal in Beijing on March 26 to build 100 battery swap stations together.

A Xiaomi SU7 caught fire after crashing into a highway guardrail in an accident that killed the three people in the car.
Xiaomi’s shares trade in Hong Kong fell by about 5 percent as of press time.

Nio saw its cumulative battery swap service exceed 70 million, less than four months after the 60 millionth milestone.
Nio completed its first million battery swaps in 29 months.

This is the sixth consecutive month that Xiaomi EV has seen monthly deliveries exceed 20,000 units.
Xiaomi EV said it is confident of reaching its annual delivery target of 350,000 units.

In the first quarter, Leapmotor delivered 87,552 vehicles, a year-on-year increase of 162.05 percent.
Leapmotor will officially launch the B10 on April 10. The SUV model is the first global model in its B series.

In the first quarter, Leapmotor delivered 87,552 vehicles, a year-on-year increase of 162.05 percent.
Leapmotor will officially launch the B10 on April 10. The SUV model is the first global model in its B series.
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