BYD plans to increase the number of its dealer stores in Brazil to 250 by the end of 2024. Read more…
Category: CnEVPost
Xiaomi SU7 entry variant gets random CATL, BYD batteries as part of efforts to boost capacity
Xiaomi has added CATL batteries to the standard variant of the SU7 instead of just BYD batteries as it did earlier to boost capacity. Read more…
Tesla lures Chinese customers with free tour of Fremont factory
Chinese customers who complete their vehicle deliveries between May 25 and June 30 will have the chance to win a free tour of Tesla’s Fremont factory in the US. Read more…
CATL, Neta sign 10-year strategic partnership deal
The two companies have agreed to engage in a comprehensive strategic partnership from 2025-2034, with Neta making CATL its preferred partner for vehicle power batteries. Read more…
Tesla cuts Model Y production in Shanghai by at least 20% in Mar-Jun, report says
The production cut is aimed at addressing weakening demand for Tesla’s aged model in China, Reuters said. Read more…
Xpeng replaces sales chief, wholesale approach faces headwinds, report says
Amid Xpeng’s internal concerns and distributor resistance, its wholesale sales model has only been tested on a small scale so far, according to local media. Read more…
BYD to launch 5th-gen DM hybrid tech on May 28
BYD will launch its fifth-generation DM (Dual Mode) hybrid technology on May 28, which is expected to give vehicles a range of up to 2,000 km on a full tank of fuel and a full charge. Read more…
Xiaomi says working on new EV model, current efforts focused on SU7 deliveries
Multiple media reports have previously suggested that Xiaomi’s second model will be an all-electric SUV that will go into production in 2025. Read more…
Nio adds new Nio House in Netherlands, its largest in Europe to date
The Nio House in Amsterdam is Nio’s second in the Netherlands and seventh in Europe. Read more…
Nio plans to continue European expansion despite EU tariff uncertainties
William Li said that Nio plans to continue expanding in Europe despite tariff uncertainties in the European Union, and that many of the complaints raised by the EU do not make sense. Read more…
CPCA expects China’s May NEV retail at 770,000, penetration at record 46.6%
China’s overall passenger vehicle retail sales in May is expected to be around 1.65 million units, down 5.3 percent year-on-year, the CPCA said. Read more…
Xiaomi reportedly raises SU7 delivery target from 100,000 to 120,000 units in 2024
Xiaomi EV will challenge a delivery target of 120,000 units for the full year 2024, according to local media. This represents a 20 percent increase from the previous target of 100,000 units. Read more…
Xiaomi says its smart driving team exceeds 1,000 people
Xiaomi’s smart driving team has now surpassed 1,000 people, with plans to add an extra 500 by the end of the year, Xiaomi EV said. Read more…
Tesla begins construction of Shanghai Megafactory
Tesla’s Shanghai Megafactory is expected to go into production in the first quarter of 2025, with Megapack production of up to 10,000 units per year and nearly 40 GWh of energy storage, Tom Zhu said. Read more…
Xiaomi EV ups bet on smart driving with new top talent
Wang Naiyan, former China CTO of autonomous driving tech firm TuSimple, will join Xiaomi EV, according to local media. Read more…
Nio to report Q1 2024 earnings on Jun 6
Nio delivered 30,053 vehicles in the first quarter, hitting its lowered guidance of about 30,000. Read more…
China NEV retail at 412,000 in May 1-19, up 10% from same period last month
China’s retail penetration of NEVs stood at 45.78 percent in the May 1-19 period, and 39.4 percent year-to-date. Read more…
CATL makes overseas expansion top priority as domestic competition intensifies
CATL’s efforts to expand overseas markets are now being personally led by its chairman, and the company will add two additional overseas plants to the six it has previously disclosed, according to local media. Read more…
Nio signs partnership memo with Hungarian university to enhance local engagement
Nio said it hopes to use the partnership to promote exchanges with local young scholars, apply for European research programs, and conduct joint product development and testing. Read more…
William Li confirms Nio’s partnership with China FAW on battery swap
China FAW becomes the seventh to join the Nio-led battery swap alliance after GAC Group, Changan Automobile, Geely Holding, Chery, JAC and Lotus. Read more…
