Lynk & Co 900 starts at RMB 309,900 ($42,480) and secured over 10,000 firm orders within one hour of availability.
The car is expected to compete with large SUVs such as the Li L9, Denza N9 and Aito M9.
Category: CnEVPost
Huawei’s car-making partner Seres files for HK listing
Seres achieved a net income of RMB 5.9 billion in 2024, becoming the fourth NEV maker in the world to achieve profitability.
Seres’ gross margin was 23.8 percent in 2024, up 16.6 percentage points from 7.2 percent in 2023.
BYD enters Croatia with 4 models
BYD continued its European expansion with the launch of four models in Croatia.
BYD sold a record 72,723 vehicles overseas in March.
BYD Shenzhen car carrier kicks off maiden ocean voyage with over 7,000 cars bound for Brazil
BYD Shenzhen kicked off its first ocean voyage on April 27 with over 7,000 BYD NEVs and sailed to Brazil.
The vessel is the world’s largest car carrier with 9,200 standard loading spaces.
Tesla rumored to start production of 3-row Model Y in China next month
A three-row version of the Model Y with an extended wheelbase will likely begin production after the upcoming Labor Day holiday in China.
Tesla last week began offering a five-year, zero-interest financing incentive for the Model Y in China.
Tesla rumored to start production of 3-row Model Y in China next month
A three-row version of the Model Y with an extended wheelbase will likely begin production after the upcoming Labor Day holiday in China.
Tesla last week began offering a five-year, zero-interest financing incentive for the Model Y in China.
Dongfeng Nissan launches N7 all-electric sedan with surprisingly low prices
The N7 has a starting price range of RMB 119,900 ($16,450) to RMB 149,900, similar to Xpeng’s hot-selling Mona M03.
Orders for the N7 reached 10,138 units about an hour and 40 minutes after its launch.
Avatr launches updated Avatr 11 SUV with higher guide prices
This comes less than six months after the last update to the Avatr 11 SUV.
The updated Avatr 11 reduced one EREV variant and added one BEV variant.
China Q1 auto imports see rare 39% year-on-year decline
In the first quarter, China imported 8,870 vehicles from the US, down 66 percent from a year earlier.
In the first quarter, China imported the most vehicles from Japan at 30,517, followed by Germany at 23,695.
BYD Fang Cheng Bao to debut sedan lineup in late 2025, says brand chief
Fang Cheng Bao will debut its sedan lineup by the end of 2025, with more models in the Tai lineup coming later this year.
In March, Fang Cheng Bao sold 8,051 vehicles, up 126.79 percent year-on-year and 62.91 percent from February.
Xiaomi-backed startup officially launches $31,530 electric sports car
The SC01’s launch is one of the most low-profile new car launches in China’s auto industry.
With a curb weight of 1,365 kg, the SC01 can accelerate from 0 to 100 km/h in 2.9 seconds.
CPCA expects China Apr NEV retail at 900,000, down 9% from Mar
Overall passenger car retail sales in April are estimated to be around 1.75 million units, up 14.4 percent year-on-year but down 9.8 percent from the previous month.
The first week of April was the Qingming Festival holiday, while the second week saw windy weather in some parts of China.
CATL buys back shares to support stock price
CATL bought back RMB 254 million of its shares today, the first of its latest share buyback program.
CATL shares have been down about 9 percent so far this year.
BYD sees Q1 net income double year-on-year
BYD reported a net income of RMB 9.16 billion ($1.26 billion) in the first quarter, up 100.38 percent year-on-year.
The company’s revenue for the first quarter was RMB 170.36 billion, up 36.35 percent year-on-year.
China aims for BEVs to dominate new car sales by 2035
This is the first time that a growth target for pure EVs, or BEVs, has been mentioned.
In 2024, BEVs contributed 27.61 percent of China’s passenger car retail sales.
Deutsche Bank on Shanghai auto show: Global brands fight back with Chinese NEV tech
China’s smart NEV market has been dominated by local brands, but global auto brands have caught up, Deutsche Bank said.
Global auto brands showcased a number of smart NEV products at the ongoing Shanghai auto show.
BYD’s cumulative sales in UK exceed 20,000 units
BYD entered the UK passenger car market in March 2023.
BYD currently offers six NEV models in the UK.
Huawei, JAC joint brand Maextro unveils interior of S800 luxury sedan
The Maextro S800 is expected to be launched in May, targeting the luxury sedan market in the RMB 1 million ($137,070) class.
Maextro is the fourth new brand launched by Huawei with a local carmaker, and the most highly positioned under Huawei’s HIMA umbrella.
ZF CEO becomes 1st expat owner of Nio ET9
Nio’s William Li delivered an ET9 to ZF CEO Holger Klein.
The ET9 is the first production model in China to feature steer-by-wire, a technology that appears to have come from ZF.
CATL founder, Xpeng chairman become ET9 owners as Nio wins over more entrepreneurs
Nio’s William Li delivered an ET9 to Robin Zeng, founder, chairman and CEO of CATL.
Nio is showcasing the ET9 at the Shanghai auto show, where its chassis capability demonstration attracted visitors.
