GWM is hiring smart driving talent from Silicon Valley, according to local media.
In January-February, GWM sold 158,816 vehicles, down 9.28 percent from a year ago.
Category: CnEVPost
Geely unveils new G-Pilot as EV competition shifts focus to smart driving
Geely has unveiled G-Pilot, categorizing the smart driving system into 5 levels available to its multiple brands.
BYD is getting smart driving system to affordable models, and Tesla is bringing FSD capabilities to China.
Geely unveils new G-Pilot as EV competition shifts focus to smart driving
Geely has unveiled G-Pilot, categorizing the smart driving system into 5 levels available to its multiple brands.
BYD is getting smart driving system to affordable models, and Tesla is bringing FSD capabilities to China.
BYD to raise $5.6 billion in HK by new share placement
The placing price is HK$335.2 per share, a 7.8 percent discount to BYD’s closing price of HK$363.6 on March 3 in Hong Kong.
BYD will raise HK$43.5 billion ($5.6 billion) through the issue of new shares for R&D investment, overseas business development.
Xiaomi starts deliveries of SU7 Ultra as orders hit 19,000 units
The SU7 Ultra has a starting price of RMB 529,900 ($72,750). In China, 121,000 sedans priced at over RMB 500,000 were sold in 2024.
Firm orders for the SU7 Ultra have reached 19,000 units, with locked-in orders exceeding 10,000 units.
Nio ET9 finishes 3rd round of winter test, deliveries to start later this month
The ET9 has entered the final stages of preparation before delivery, as production cars begin to be shipped to Nio’s stores in China.
Nio kicked off the ET9 project in 2019, and in October 2022, mule car deliveries were realized.
Li Auto to launch Li i8 electric SUV in Jul, shares 1st teaser video
The Li i8 is Li Auto’s first all-electric SUV and second all-electric model after the Li Mega MPV.
Li Auto CEO said last week that the company would have more than 15,000 superchargers by the time the Li i8 is released.
Xpeng to officially launch updated G6 SUV next week
Production of the 2025 G6 will be very limited in the first month because of the supply chain, and Xpeng is trying to address the issue, its CEO said.
The updated G6 is a model developed for the global market and will be offered in left- and right-hand drive versions.
GAC chairman calls for greater policy support for battery swap in China
The battery swap business model is in line with China’s carbon peak and carbon neutral strategies, and can solve EV charging difficulties, said GAC’s chairman.
He called for solutions to the issues of high construction costs, lagging layout, and lack of uniform battery standards for battery swap facilities.
Xpeng to report Q4 2024 earnings on Mar 18
Xpeng delivered a record 91,507 vehicles in the fourth quarter, exceeding the upper end of its guidance range of 87,000 to 91,000 units.
It previously guided fourth-quarter revenue to be in the range of RMB 15.3 billion ($2.1 billion) to RMB 16.2 billion, with year-on-year growth of about 17.2 percent to 24.1 percent.
BYD seeks to raise up to $5.2 billion in HK primary placement, report says
BYD is offering 118 million shares at a discount of up to 8.4 percent to Monday’s closing price of HK$363.60, according to Bloomberg.
BYD plans to use the proceeds for R&D, expanding overseas operations, supplementing working capital and general corporate purposes.
Leapmotor, FAW tie up to jointly develop NEVs
Leapmotor and FAW will work together on joint development of passenger NEVs and parts collaboration, and will explore the feasibility of deepening capital cooperation.
FAW is one of the largest car companies in China, delivering over 3.2 million units in 2024.
Aito starts pre-sales of M5 Ultra SUV, to feature Huawei’s driver assist system and LiDAR
The M5 Ultra has a pre-sales starting price of RMB 238,000 ($32,680) and will be released later this month.
It will feature upgraded 192-channel LiDAR, 4D millimeter-wave radar, and Huawei’s high-level smart driving system as standard.
BYD NEV sales rebound to 322,846 in Feb, overseas sales set new record
In February, BYD sold 67,025 NEVs in overseas markets, marking the third consecutive month of record highs.
In January-February, BYD’s passenger NEV sales amounted to 614,679 units, up 90.44 percent year-on-year.
Tesla starts selling regular Model Y in China with up to 10-week wait time
Pricing for the regular Model Y remains the same as the Launch Series, with the bonus extended warranty no longer available.
Tesla has extended the Model 3’s RMB 8,000 insurance subsidy and 5-year, 0 -interest financing package to March 31.
Nio ET7, ES8 wait times get shorter while EC7 gets longer in China
Wait times for both the ET7 and ES8 have been reduced to 2-3 weeks from 3-4 weeks previously, while the EC7 has been extended to 4-5 weeks from 3-4 weeks.
The wait time for the ET9 is 11-12 weeks, and the model will begin its first deliveries at the end of this month.
Leapmotor delivers 25,287 cars in Feb, flat from Jan
In January-February, Leapmotor delivered 50,457 units, up 167.78 percent from 18,843 in the same period last year.
Leapmotor will begin pre-sales of its new model, the B10 SUV, on March 10.
Nio sees Feb deliveries dip 4.84% sequentially to 13,192 as Onvo declines further
The Nio main brand delivered 9,143 vehicles in February, up 14.99 percent from 7,951 in January.
The Onvo sub-brand delivered 4,049 vehicles in February, down 31.51 percent from 5,912 in January.
Zeekr Group sees Feb deliveries fall sequentially as Lynk & Co slips
Zeekr Group delivered 31,277 vehicles in February, up 50.96 percent year-on-year but down 25.56 percent from January.
The Zeekr brand saw a 17.56 percent sequential increase, while Lynk & Co saw a 42.69 percent sequential decline.
Nio extends 5-year 0-interest financing to Mar 31
The Nio main brand has extended its 5-year 0-interest financing plan until the end of this month, and sub-brand Onvo launched the same plan earlier today.
This month’s purchase offers do not apply to the Nio ES7, or the ET9 whose deliveries have not yet begun.
