BYD acquired mining rights to two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
BYD’s mineral rights are located in the Jequitinhonha Valley, known as Brazil’s lithium valley.
Category: CnEVPost
Great Wall Motor plugs into Nio’s charging network
Great Wall Motor is the 17th brand to have a charging service partnership with Nio.
Nio currently has 2,665 supercharging stations in China offering 12,334 chargers and 1,688 destination charging stations offering 13,133 chargers.
Xpeng says its orders in 1st week after Chinese Spring Festival 7.6 times 2024’s same period
In the first week after the Chinese Spring Festival, Xpeng’s order intake broke the industry norm that February is usually a low point for sales, Xpeng said.
The strong orders came mainly from the P7+ and Mona M03, both new models that have been on the market for just a few months.
Nio develops new aluminum alloy material and uses it in ET9 and Onvo L60
The alloy technology will be open to the entire industry to drive the adoption of high-pressure casting technology with better performance and cost-effectiveness, Nio said.
It is the first self-hardening aluminum alloy for structural large castings developed by a Chinese automotive brand, breaking the monopoly of C611.
China NEV retail at 95,000 in Feb 1-9, down 36% from same period last month
China’s NEV retail sales for February 1-9 were up 11 percent from a year ago, but down 36 percent from a month earlier.
The January 28-February 4 holiday, this year’s Chinese New Year holiday, created disruptions to production and consumption activities.
Zeekr enters Egypt as it expands into African auto market
Zeekr launched the Zeekr 001 shooting brake and the Zeekr X compact SUV in Egypt.
Egypt is the second largest EV market in Africa and is Zeekr’s first stop in Africa.
Lynk & Co offers limited-time discounts on 2 models
Lynk & Co is offering limited-time discounts of up to RMB 17,000 on two hybrid models.
Lynk & Co delivered 30,077 vehicles in January, up 15.30 percent from December.
Arcfox cuts prices by up to 23% to boost sales
Arcfox has significantly lowered the official guide prices of 2 models and is offering a limited time offer for another model.
The price of Arcfox αT5 SUV has been reduced by 23.11 percent to RMB 119,800 ($16,440).
Li Auto starts mass production of in-house developed SiC modules for more BEV launches
Li Auto’s in-house developed SiC power modules and next-generation electric drive assemblies have begun to roll off the production line for use in new BEV models.
These in-house developed products are expected to deliver more efficient energy performance, and stronger power output.
Xpeng officially enters UK with G6 SUV, deliveries to begin in Mar
Xpeng has launched the right-hand-drive version of the G6 in the UK with a starting price of £39,990 ($49,800).
Xpeng plans to open 20 stores in the UK in 2025 with dealer partner IML.
Huawei HIMA to hold tech event on Maextro brand on Feb 20
Maextro’s first model, the Maextro S800, began pre-sales in November 2024 and is expected to be priced between RMB 1 million ($137,000) and RMB 1.5 million.
The Maextro S800 is expected to be available in BEV and EREV variants, as well as 4- and 5-seat versions.
Automakers’ share of China NEV market in Jan: BYD tops with 26.9%, Tesla 6th with 4.5%
BYD’s January share of China’s NEV market was lower than its December 2024 share of 31.0 percent.
In the overall passenger car market, which includes conventional internal combustion engine vehicles, Geely ranked first with a 13.4 percent share, ahead of BYD’s 11.2 percent.
Geely launches hybrid Galaxy L6 EM-i, prices start at $12,300
The Galaxy L6 EM-i is powered by Geely’s Leishen EM-i hybrid system, and its main competitor is the BYD Qin L DM-i.
Geely is offering a limited-time RMB 3,000 discount on the Galaxy L6 EM-i, bringing the starting price down from RMB 89,800 to RMB 79,800.
Xpeng to launch Max variant of Mona M03 in May with better smart driving capabilities
The Mona M03 Max will feature the industry’s top autonomous driving technology, Xpeng CEO said.
Xpeng will build a $20,000 top-of-the-line smart driving product, he said.
BYD back in RMB trillion club, up over 25% in 6 trading days
BYD has accumulated a 25.7 percent rise to a new high since July 2022 in the past six trading days.
Another automotive industry chain player in the RMB trillion club is CATL with a market cap of RMB 1.12 trillion.
Nissan’s N7 electric sedan integrates DeepSeek in rare move for Japanese brands in China
Dongfeng Nissan said the N7 has integrated DeepSeek, the first joint venture carmaker in China to do so.
The N7 made its global debut at the Guangzhou auto show in November 2024.
Li Auto Jan deliveries breakdown: Li L6 13,990, Li L7 6,493
The Li L6, Li Auto’s least expensive, contributed 46.75 percent of January deliveries.
The Li Mega, Li Auto’s highest priced model, delivered 807 units in January.
Xpeng Jan deliveries breakdown: Mona M03 15,225, P7+ 8,114
The Mona M03 contributed 50.16 percent of Xpeng’s deliveries in January, and the P7+ contributed 26.73 percent.
The highest priced X9 delivered 821 units in January.
Nio Jan deliveries breakdown: ES6 2,676, ET5 Touring 1,959
The ES6 contributed 19.30 percent of Nio Inc’s deliveries in January, while the ET5 Touring contributed 14.13 percent.
The Onvo L60 contributed 42.65 percent of Nio Inc’s deliveries in January.
Leapmotor to start pre-sales of B10 SUV on Mar 10
Leapmotor said the B10 will be priced at less than RMB 150,000 ($20,520) and will feature LiDAR to support smart driving in urban areas.
It said the B10 will accelerate the widespread adoption of smart driving systems.
