DeepRoute secured $100 million in Series C1 funding from Great Wall Motor, after becoming a supplier of smart driving solutions to the automaker in March. Read more…
Category: CnEVPost
China EV insurance registrations for week ending Nov 3: Nio 4,400, Tesla 15,700, Xiaomi 3,100, BYD 96,300
Li Auto had 11,400 insurance registrations last week, Xpeng 5,400, Zeekr 5,800, Leapmotor 8,200 and Aito 8,400. Read more…
Tesla offers chance to visit Shanghai plant as new car purchase incentive
Chinese customers who order a new Tesla vehicle through its official trade-in service before December 3 will have the chance to win a visit to Tesla’s Shanghai factory. Read more…
China Oct NEV wholesale at record 1.4 million, CPCA estimates show
As of now, all provinces in China have implemented the car replacement subsidy policy and brought a new wave of growth momentum to the automative market, the CPCA said. Read more…
Tesla China sells 68,280 cars in Oct, down 22.69% from Sept
Tesla sold fewer China-made vehicles last month, ending a previous three-month streak of sequential gains. Read more…
Nio adds 65 swap stations in China in Oct, provides 2.45 million battery swaps
In October, 27,707 Nio customers used the battery swap service for the first time. Read more…
Nio plans to launch 1st hybrid car in 2026, but will only sell in overseas markets, Reuters reports
Nio plans to launch its first hybrid model in 2026 and will sell it only to overseas markets such as the Middle East, North Africa and Europe, Reuters reported today. Read more…
BYD boosts production capacity by nearly 200,000 units in Aug-Oct
BYD increased its production capacity by nearly 200,000 units in August-October and hired nearly 200,000 new people, with all production sites at full capacity, an executive said. Read more…
BYD Denza enters Thai market, to launch D9 Premium-AWD
Denza said it has completed five showrooms in key areas of Thailand and will reach 10 sales outlets within the year. Read more…
BYD Oct sales breakdown: Song 114,938 units, Qin 86,589
Song family models continued to rank as the top-selling BYD models with record sales of 114,938 vehicles in October. Read more…
BYD sells record 502,657 NEVs in Oct, exceeding 500,000 mark for 1st time
So far this year, BYD has sold 3,250,532 NEVs, up 36.49 percent year-on-year. Read more…
Nio delivers 20,976 cars in Oct, largely flat from Sept
Li Auto delivers 51,443 cars in Oct, down 4.22% from Sept
Chinese sodium battery maker Zoolnasm says it becomes supplier to one global auto parts firm
The program will last for four years, with a total lifecycle purchase value of about RMB 200 million ($28.1 million). Read more…
Xpeng delivers 23,917 cars in Oct, 2nd consecutive record month
Nio ramps up car purchase incentives for Nov
Nio has ramped up its car-buying incentives for this month, including increasing the free NOP+ access to 3 years from the previous 2 years, hoping to capitalize on the end-of-year peak season. Read more…
Nio president says Firefly models will remain purely electric, denies hybrid powertrain report
Nio president said the Firefly brand will be launched on Nio Day 2024, continuing the pure electric technology route. Read more…
Zeekr delivers 25,049 cars in Oct, 2nd consecutive record month
Zeekr today announced incentives including 0 down payment, zero-interest financing, and a new, lower-priced variant for the Zeekr X. Read more…
Nio Day 2024 to be held in Guangzhou on Dec 21
Prior to Nio Day 2024, Nio will celebrate its 10th anniversary on November 25, and the two events share a common theme: Together & Further. Read more…
Nio Firefly to use hybrid powertrain, report says
Nio Firefly will use an extended-range hybrid powertrain and the product is expected to be launched in 2026, according to local media. Read more…
