One day after announcing discounts of up to RMB 10,000 for its least expensive model, the T03, Leapmotor announced benefits including loan interest subsidies for two other models. Read more…
Category: CnEVPost
China’s Oct NEV wholesale volume at record 890,000 units, CPCA estimates show
China’s October wholesale sales of passenger NEVs are expected to be 890,000 units, up 32 percent year-on-year and up 7 percent from September, the CPCA said. Read more…
Chery unveils concept car claimed to have world’s lowest wind resistance
Chery said its new concept car achieves the world’s lowest wind resistance of 0.168 Cd with the help of its bionic design with the inspiration of tuna fish. Read more…
Tesla sells 72,115 China-made vehicles in Oct, down 2.64% from Sept
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Li Auto Q3 earnings preview: Solid quarter expected, should competition from Aito be a concern?
While demand for Li Auto’s vehicles remains robust, investor concerns about competition have increased, particularly around Huawei-backed Aito, said Deutsche Bank analyst Edison Yu’s team. Read more…
BYD offers $1,370 limited-time discount on Qin Plus EV
The Qin family was the third best-selling BYD model in October with 42,767 units sold. Read more…
BYD Oct sales breakdown: Song 63,965, Seagull 43,350
With 63,965 units sold in October, the Song family continues to rank as the top-selling BYD model, up 1.79 percent from September. Read more…
Neta delivers 12,085 vehicles in Oct, down 8.52% from Sept
In the January-October period, Neta delivered 109,855 vehicles, a decrease of 14.98 percent year-on-year. Read more…
BYD sells record 301,833 NEVs in Oct, its 6th consecutive month of record highs
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Zeekr delivers record 13,077 vehicles in Oct, up 8.5% from Sept
In addition to record deliveries, Zeekr also received a record number of firm orders in October, it said. Read more…
Nio delivers 16,074 vehicles in Oct, up 2.77% from Sept
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Xpeng delivers record 20,002 vehicles in Oct, G6 at 8,741 units
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Li Auto delivers record 40,422 vehicles in Oct
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Tesla starts new round of referral incentives in China with scaled back benefits
The Model 3 was excluded from both the latest round of referral program announced today and the previous round announced on October 1. Read more…
BYD starts offering limited-time discounts on several models to boost sales
Customers who buy some of the models from BYD’s Ocean lineup between November 1 and November 31 can get discounts of up to RMB 18,000. Read more…
Nio adds 15 showrooms and 124 swap stations in Oct
As of October 31, Nio had 139 Nio Houses, 314 Nio Spaces and 2,079 battery swap stations worldwide. Read more…
Leapmotor delivers record 18,202 cars in Oct, starts offering up to $1,370 discount on its lowest-priced EV model
Leapmotor announced October deliveries of a record 18,202 vehicles before the Hong Kong stock market opened today, in what appears to be one of its attempts to calm investors down. Read more…
Leapmotor tries to calm investors as shares fall nearly 30% after Stellantis deal
Leapmotor’s founding team has pledged not to transfer or reduce their stake in the company in any way over the next 10 years. Read more…
BYD begins pre-sales of shooting brake style SUV Song L with starting price of $30,070
The Song L is the second shooting brake-style SUV under the BYD umbrella, with the NEV maker’s premium Denza brand’s Denza N7 being the group’s first such model. Read more…
BYD’s auto business gross margin hits record high in Q3, analysts explain why
BYD had a record gross margin of 25.7 percent for its auto business in the third quarter, a 4-percentage point improvement from the second quarter. Read more…
