CATL is in talks with General Motors on a License Royalty Service model partnership, with plans to jointly build an LFP battery plant in North America, according to a local media report. Read more…
Category: CnEVPost
Xiaomi may release SUV model by year-end, report says
For an EV maker, pure electric sedans usually struggle to get high sales, with SUVs being the main support for sales and profits, an industry watcher said. Read more…
Xiaomi joins crowded EV space with launch of SU7, prices undercut Tesla
Xiaomi said the SU7 secured more than 50,000 firm orders within the first 27 minutes after it started accepting orders. Read more…
Xiaomi SU7 launch event: Live updates
BYD slows down plans to build EV plant in Vietnam, report says
BYD has slowed down plans to start construction of an EV plant in Vietnam due to its strategy and a slowdown in the EV market, Reuters reported. Read more…
Xiaomi SU7 core specs leaked hours before official launch
The Xiaomi SU7 will come in four variants, with the top-trim version capable of sprinting from 0 to 100 kilometers per hour in 1.98 seconds, a local media report said, citing leaked specifications. Read more…
CATL, bus maker Yutong jointly launch battery with up to 15-year lifespan
The long-life battery will have 0 degradation in the first 1,000 cycles, Yutong said. Read more…
China issues guidelines to promote general aviation equipment, including eVTOLs
China aims to fully integrate general aviation equipment into all areas of production and life by 2030, creating a market in the scale of RMB trillions. Read more…
Xpeng introduces G9 SUV and P7 sedan in Germany
The Xpeng G9 and P7 will be available at 24 stores in 12 dealerships in Germany starting in May. Read more…
BYD investor event: 5th-gen DM hybrid tech, sales target, and more
BYD will launch its fifth-generation DM hybrid technology in May, with a vehicle range expected to exceed 2,000 kilometers. Its 2024 sales are expected to grow by over 20 percent, with overseas sales targeted at 500,000 units. Read more…
CATL reportedly pushing for ‘CATL Inside’ model to regain influence in EV sector
In order to get automakers to accept the “CATL Inside” logo on their vehicles, CATL will offer some concessions like Intel did with its “Intel inside” model, according to local media. Read more…
Nio cuts Q1 delivery guidance to 30,000 units, hints at Mar deliveries of around 11,813
Li Auto lowered its guidance for first-quarter deliveries last week, and Tesla has reportedly reduced EV production at its China factory. Read more…
China’s NEV retail at 490,000 in Mar 1-24, up 84% from same period last month
China’s retail penetration of NEVs was 47.67 percent in the March 1-24 period. Read more…
Geely shows off ‘world’s first’ driverless drifting tech
In a video, a test vehicle performs fully unmanned autonomous driving on snow and ice, as well as autonomous drifting, a performance Geely said is comparable to that of a professional race car driver. Read more…
Nio partners with Geely on EV charging services
EVs from brands including Geely, Lynk & Co, Zeekr, Polestar, and Smart will be able to use Nio’s chargers in their apps’ charging maps. Read more…
GAC Aion starts Hyper HT electric SUV pre-sales in Thailand
Hyper said it plans to build 15 charging stations in Thailand this year and 100 fast-charging stations by 2028. Read more…
Chinese EV battery maker Rept plans to build its 1st overseas plant in Indonesia
Rept’s plant in Indonesia, which could start operations as early as next year, will take advantage of its parent company Tsingshan’s raw materials and infrastructure. Read more…
BYD launches compact electric SUV Yuan Up with starting price of $13,400
BYD offers the Yuan Up in three trim levels, with a range of up to 401 km and the ability to accelerate from 0 to 100 km/h in as little as 7.9 seconds. Read more…
BYD net profit slips in Q4 despite revenue hits record high
A heated price war in China’s NEV sector late last year and incentives offered by BYD to dealers may have dragged down profits. Read more…
China EV sales for week ending Mar 24: Nio 3,000, Xpeng 2,500, Li Auto 7,000, Tesla 13,700
Tesla Model Y sales in China last week were 10,800, Li Mega 1,000 and Xpeng X9 at 800 units. Read more…
