The updated LEVC L380 starts at RMB 299,900 ($41,310), which is RMB 80,000, or 26.68 percent, lower than its predecessor.
Geely Galaxy was upgraded from a product lineup to a new brand earlier this month, bringing the LEVC under its umbrella.
Category: CnEVPost
Leapmotor sees 1st positive quarterly bottom line as deliveries strong and gross margin improves
Leapmotor achieved net income of RMB 80.9 million ($11.1 million) in the fourth quarter of 2024, its positive quarterly bottom line since inception.
Leapmotor said it achieved the profitability goal one year ahead of schedule, making it the second of China’s new car-making forces to do so.
Leapmotor starts pre-sales of B10 SUV, brings LiDAR to $15,000 model
The Leapmotor B10 secured over 15,010 pre-orders one hour after the start of pre-sales, with the LiDAR-equipped variants accounting for 73 percent of the total.
The official launch of the B10 will be in April, and Leapmotor is targeting monthly sales of at least 40,000 B-series models.
China Feb NEV retail at 686,000, down 7.8% from Jan
Retail sales of BEVs in February were 427,000 units, up 94.4 percent year-on-year and up 1.7 percent from January.
Combined retail sales of PHEVs and EREVs were 259,000 in February, up 53.86 percent year-on-year but down 20.31 percent from January.
Nio making organizational changes to focus more on cost control, report says
Nio has introduced a CBU system to strengthen cost controls and multiple functions will be downsized based on full-year targets.
The new mechanism requires every penny invested to be heard back, said a source close to Nio’s management.
Exclusive: Recent William Li ‘interview’ was outdated info from last Dec
A recent widely discussed media story about an interview with William Li actually comes from December 22, 2024. Read more…
Tesla sells 26,777 cars in China in Feb, exports 3,911 from Shanghai plant
Tesla sold 26,777 vehicles in the Chinese domestic market in February, down 11.16 percent year-on-year and down 20.55 percent from January.
In the January-February period, Tesla’s retail sales in China amounted to 60,480 units, down 13.63 percent year-on-year.
Nio gets new policy support as Shanghai to subsidize city’s swap station construction
Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.
Shanghai is the latest city after Hefei to offer support for the battery swap sector.
Nio gets new policy support as Shanghai to subsidize city’s swap station construction
Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.
Shanghai is the latest city after Hefei to offer support for the battery swap sector.
Farasis unveils battery tech that supports 6C ultra-fast charging
Farasis said its 6C ultra-fast charging technology allows LFP batteries to charge from 10 percent to 80 percent in 8.55 minutes.
Farasis said its design significantly improves the heat dissipation area by up to 4.8 times on 6C LFP batteries.
BYD Denza to officially launch N9 on Mar 21 to target luxury SUV market
Denza began pre-sales of the N9 on February 21, with a pre-sales price range of RMB 450,000 ($62,000) to RMB 550,000.
The N9 is a six-seat hybrid SUV with a length, width and height of 5,258 mm, 2,030 mm and 1,830 mm, respectively, and a wheelbase of 3,125 mm.
Xpeng to officially launch updated G6 and G9 SUVs on Mar 13
Xpeng will officially launch the 2025 G6 and G9 at its spring event on March 13.
The updated G6 is a model developed for the global market and would be offered in left- and right-hand drive versions.
Zeekr teases full-size SUV 9X, its 1st hybrid model
Zeekr will showcase the Zeekr 9X at the Shanghai auto show in late April, with deliveries of the model scheduled to begin in the third quarter of 2025.
Zeekr also announced the Zeekr 9X Grand, which could be priced at more than RMB 1 million ($137,840).
Xiaomi SU7 buyers now face even longer delivery wait times than a year ago
Chinese customers buying the Xiaomi SU7 are now facing longer delivery waits than when the model was launched.
Xiaomi has already delivered 180,000 SU7s and there are still 140,000-150,000 vehicles waiting to be delivered.
Xiaomi SU7 buyers now face even longer delivery wait times than a year ago
Chinese customers buying the Xiaomi SU7 are now facing longer delivery waits than when the model was launched.
Xiaomi has already delivered 180,000 SU7s and there are still 140,000-150,000 vehicles waiting to be delivered.
Honda launches S7 electric SUV in China, priced similarly to Tesla Model Y
Dongfeng Honda has officially launched the Honda S7, the first model under Honda’s Ye brand.
The Honda S7 is offered in two variants with starting prices of RMB 259,900 ($35,840) and RMB 309,900 respectively.
Honda launches S7 electric SUV in China, priced similarly to Tesla Model Y
Dongfeng Honda has officially launched the Honda S7, the first model under Honda’s Ye brand.
The Honda S7 is offered in two variants with starting prices of RMB 259,900 ($35,840) and RMB 309,900 respectively.
Tesla has received 200,000 orders in China for refreshed Model Y, report says
Tesla’s revamped Model Y has racked up 200,000 orders since it opened for pre-orders on January 10, albeit including many refundable orders, according to local media.
One of Tesla’s core goals in China this year is to introduce the Cybertruck electric pickup truck.
BYD Yangwang says luxury sedan U7 coming soon
Yangwang said it has completed development and testing of the DiSus-Z body control system, which would soon follow the U7 to market.
The U7, a sedan priced in the RMB 1 million range, went on pre-sales last November.
Toyota launches bZ3X SUV, its cheapest EV in China with $15,150 starting price
Toyota’s bZ3X seems to be seeing good initial acceptance, securing over 10,000 orders in its first hour of launch.
The model is Toyota’s first all-electric SUV in the RMB 100,000 class and comes with Momenta’s smart driving system.
