Leapmotor’s single-month order book for October exceeded 42,000 vehicles, also a record high, with more than 10,000 new orders for the C10, C11 and C16 models. Read more…
Category: CnEVPost
Li Auto reaches 1,000 supercharging stations but will face challenges in meeting year-end target
Li Auto put its 1,000th supercharging station into operation today, but will face challenges in reaching its goal of more than 2,000 by the end of the year. Read more…
BYD Denza to formally launch Z9 sedan on Nov 15
Denza will officially launch the Z9 on November 15, the first day of the 2024 Guangzhou auto show, after having started pre-sales of the sedan on August 20. Read more…
Li Auto sees Q3 net income rise to year-to-date high as revenue hits record
BYD forms new team to focus on end-to-end tech use in smart driving
BYD formed a forward-looking team this week to focus on the use of end-to-end technology, according to local media. Read more…
Li Auto puts overseas market expansion back on table, targets Middle East, Latin America, report says
Li Auto has recently created a first-tier division responsible for overseas market expansion, putting a much-changed international expansion plan back on the table. Read more…
Xpeng to formally launch P7+ electric sedan on Nov 7
Xpeng began pre-sales of the P7+ on October 14 at a starting price of RMB 209,800 ($29,450) and received more than 30,000 pre-orders in the first 1 hour and 48 minutes. Read more…
Nio hiring senior talent in China to expand Middle East team, report says
Nio has recently been hiring in China to expand its Middle East team, offering positions at senior director and above, up to assistant vice president level, according to local media. Read more…
China asks automakers to pause investment in EU countries that support EV tariffs, report says
Chinese automakers, including BYD, SAIC and Geely, were told at a meeting on October 10 that they should suspend plans for heavy-asset investments such as setting up factories in countries that support the EV tariffs, according to Reuters. Read more…
China NEV retail at 946,000 in Oct 1-27, down 1% from same period last month
China’s retail penetration of NEVs was 52.2 percent in October 1-27, and 46.46 percent year-to-date. Read more…
Geely unveils new hybrid system EM-i to take on BYD’s DM-i
Geely has unveiled the more fuel-economy-oriented Leishen EM-i hybrid system, following the previous launch of the more performance-oriented Leishen EM-p. Read more…
BYD posts record Q3 net income, gross margin rebounds to 21.89%
BYD reported net income of RMB 11.607 billion in the third quarter, up 11.47 percent year-on-year and 28.08 percent from the second quarter. Read more…
Renault building R&D team in China to develop EVs for Europe, report says
Renault is building an EV R&D team in Shanghai to target mass production of a new model by the end of 2025, but the new model will be built and sold only in Europe, according to a media report. Read more…
Nio’s Middle East backer CYVN to buy sports car maker McLaren’s auto business
CYVN reached a non-binding agreement to acquire 100 percent of McLaren’s automotive business from Bahrain’s sovereign wealth fund Mumtalakat. Read more…
China Oct EV sales preview: Deutsche Bank expects Nio at 24,500, Tesla 47,000, BYD 520,000
New flow for the Nio brand is estimated at about 19,000 units in October, flat from September, but sub-brand Onvo is estimated at about 15,000 units in October, according to Deutsche Bank. Read more…
Nio battery swap network completes initial coverage of 9 major horizontal highways in China
Nio’s battery swap stations have achieved coverage of nine horizontal highways, seven vertical highways and 12 urban clusters, fulfilling part of a goal announced two years ago. Read more…
Yangwang U7 sedan said to be powered by BYD’s 2nd-gen blade battery
The Yangwang U7 will be powered by BYD’s second-generation blade battery, which will have a charging multiplier of more than 5.5 C and a discharging multiplier of more than 14 C, according to an auto blogger. Read more…
EU pushes ahead with additional tariffs on Chinese EVs, continues discussions on price undertakings
The European Commission has published the definitive tariff rates in the Official Journal, with the additional tariffs to take effect from October 30, and the provisional duties imposed on July 4 will not be collected. Read more…
Xiaomi SU7 Ultra starts pre-sales at $114,200, official launch set for Mar 2025
The Xiaomi SU7 Ultra received 3,680 pre-orders 10 minutes after pre-sales began, as the company begins to show off its technological muscle in the EV space. Read more…
Xpeng enters Ireland by partnering with local distributor
By the end of 2025, Xpeng aims to enter more than 60 global markets and hopes to achieve half of its total sales coming from international markets. Read more…
