Two Yangwang U9s left for the UK on May 7 and will participate in the Goodwood Festival of Speed 2024 from July 11-14. Read more…
Category: CnEVPost
Skyworth Auto signs $1.38 billion deal with Saudi Arabia’s KAG
Skyworth Auto has signed a 10-year partnership agreement with Saudi Arabia’s KAG, with the first phase of a five-year partnership having a business plan worth RMB 10 billion ($1.38 billion). Read more…
Nio, GAC Aion’s Hyper brand to interconnect charging network by end of May
Previously, companies including SAIC, Jiyue, Geely Automobile Holdings and Deepal have announced access to Nio’s charging network. Read more…
Tesla ramps up layoffs in China, report says
Tesla is escalating the scale of layoffs in China, with more cuts starting earlier this week, extending mid-April cuts, according to Bloomberg. Read more…
BYD Qin L with next-gen DM-i hybrid tech expected to hit market on May 29, report says
The Qin L DM-i is expected to be priced around RMB 120,000 ($16,610) to RMB 150,000, according to local media. Read more…
BYD’s sodium battery joint venture formed
The joint venture is 51 percent owned by BYD’s battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent. Read more…
Dongfeng’s electric off-road brand M Hero to export cars to Middle East
M Hero will soon export the M-917 off-road vehicle to the Middle East, which was previously launched in Switzerland. Read more…
Nio to officially launch Onvo brand on May 15, debut model to take on Tesla Model Y
Onvo’s first model, the Onvo L60, will take on the Tesla Model Y, targeting the market for smart, all-electric SUVs for families in the RMB 250,000 yuan ($34,600) class, Nio said. Read more…
Nio’s 500,000th production car rolls off line at F2 plant
Nio’s 500,000th production vehicle is an ES8, which began first deliveries in June 2018. Read more…
Xpeng announces entry into Australia, G6 to make local debut by Q4
Xpeng has entered into a partnership with Australia’s TrueEV, which will be its sole importer, distributor and retailer in the country. Read more…
Toyota may adopt BYD’s DM-i hybrid tech in China, report says
One of the key reasons why Toyota is leaning towards adopting BYD’s DM-i technology is that it is less expensive and relatively mature, according to local media. Read more…
China NEV retail in Apr flat from Mar at 706,000, preliminary CPCA data show
In April, China’s retail sales of all passenger vehicles stood at 1.585 million units, down 2 percent year-on-year and 6 percent lower than in March. Read more…
BYD to launch Sea Lion 07 on May 10
The price range for BYD’s Sea Lion 07 BEV will be RMB 200,000 ($27,700) to RMB 260,000, an executive said last year. Read more…
Leapmotor, Stellantis may announce formation of JV next week, report says
Leapmotor’s chairman and Stellantis CEO will appear together at a joint press conference next week, where they will jointly announce the formation of Leapmotor International, according to local media. Read more…
Nio expected to see 500,000th production car roll off line on May 9
Nio’s first vehicle rolled off the line on May 27, 2018. It saw its 100,000th mass-produced vehicle roll off the line in April 2021, when Tesla CEO Elon Musk expressed his congratulations. Read more…
Nio, GAC sign deal on battery swap
Nio and GAC will work together on battery standards, development and customization of battery swap-enabled models, battery asset management and operations, and battery swap service network construction. Read more…
Nio to launch sub-brand Onvo on May 15, report says
Nio will officially launch sub-brand Onvo on May 15, with the new brand’s first model to go on sale in the third quarter and deliveries to begin in the fourth quarter, according to local media. Read more…
China may support Tesla’s local testing of robotaxi, report says
The Chinese government will probably support Tesla in testing robotaxi locally, but has not yet fully approved its FSD driver assistance software entry, according to local media. Read more…
Nio’s orders up 19% in Apr from Mar, Deutsche Bank survey shows
The sequential increase in new orders for Nio in April was mainly due to lower prices for its BaaS battery rental service, according to Deutsche Bank. Read more…
Li Auto to report Q1 2024 earnings on May 20
Li Auto delivered 80,400 vehicles in the first quarter, exceeding the upper end of its lowered guidance range. Read more…
