So far this month, there have been 14,100 insurance registrations for Nio, 15,200 for Xpeng and 36,800 for Li Auto. Read more…
Category: CnEVPost
BYD’s premium Yangwang brand opens 1st batch of 22 stores
By the end of the year, Yangwang aims to open more than 90 directly-managed stores in more than 40 cities in China. Read more…
Tesla’s entry-level Model 3 wait time gets shorter in China
Tesla’s entry-level Model 3 now has a wait time of 2-6 weeks in China, down from 6-9 weeks previously. Read more…
Nio and auto parts supplier Baolong sign cooperation deal
At the current stage, Baolong and Nio will cooperate on products including air springs, wheel speed sensors, and optical rain sensors. Read more…
Neta ships EVs to Turkey; to start selling multiple models in UAE in 2024
Neta aims to transform itself into a global high-tech technology company and reach one million sales in global markets by 2026. Read more…
BYD posts record net profit of $1.42 billion in Q3, up 52.6% from Q2
BYD reported record revenue of RMB 162.15 billion in the third quarter, up 38.49 percent year-on-year and up 39.76 percent from the second quarter. Read more…
BMW recalls 41,446 units of 5 Series plug-in hybrids in China over battery issue
The vehicles’ high-voltage batteries have a dual-battery cell module design that risks causing thermal runaway. Read more…
CATL puts new battery production base into operation, claims to be able to produce 1 cell in 1 second
The first phase of CATL’s Guizhou production base has been put into operation with an annual capacity of 30 GWh, capable of producing a cell in 1 second and a pack in 2.5 minutes. Read more…
BYD’s Fang Cheng Bao brand starts trial operations of 1st 70 directly-managed stores
Fang Cheng Bao started the pre-sale of its first model, the Bao 5, in August, with a pre-sale price range of RMB 300,000 – RMB 400,000. Read more…
Baidu-backed Jiyue officially launches its debut EV model to take on Tesla Model Y
The Jiyue 01 is larger and less expensive than the Tesla Model Y, while leveraging Baidu’s capabilities on cockpit intelligence as well as smart driving to provide additional appeal. Read more…
Zeekr shows off tech muscle with launch of Zeekr 001 FR electric supercar
The Zeekr 001 FR starts at RMB 769,000, lower than Zeekr’s previous hint of over RMB 1 million, and the model is limited to 99 units per month. Read more…
Li Auto to report Q3 earnings on Nov 9
Li Auto delivered 105,108 vehicles in the third quarter, above the upper end of its guidance range of 100,000 to 103,000 vehicles. Read more…
Tesla raises Model Y Performance price by $1,910 in China
The Tesla Model Y is offered in three versions in China, with the prices of the other two cheaper versions unchanged. Read more…
CPCA expects China’s Oct NEV retail sales at 750,000, up 0.9% from Sept
The penetration rate of NEVs at retail in October is expected to be around 37.1 percent, up from 36.9 percent in September. Read more…
Zeekr to enter Hong Kong and Macau in 2024, its 1st foray into right-hand drive markets
Zeekr’s distribution partners in South China’s Greater Bay Area will begin selling left-hand drive Zeekr models in Macau in the coming months, ahead of the launch of the right-hand drive versions. Read more…
Tesla starts deliveries of revamped Model 3 in China
Model 3 retail sales in China were 2,079 units in September, contributing 4.78 percent to Tesla’s sales in the country, a new low since October 2021, likely due in part to potential customers waiting for the new Model 3. Read more…
Nio reaches 2,000 swap stations in China
Nio built its first battery swap station on May 20, 2018 and saw its 1,000th battery swap station go live on July 6, 2022. Read more…
Factbox: Who is Leapmotor?
Contents from Leapmotor’s Hong Kong IPO prospectus explain in detail the company’s business as well as its technologies. Read more…
Stellantis to acquire 20% stake in Leapmotor with €1.5 billion investment, to form JV for international markets
Stellantis will form a joint venture with Leapmotor, Leapmotor International, which will begin export operations in the second half of 2024. Read more…
Stellantis nears deal to buy 20% of Leapmotor, report says
As part of the deal, Leapmotor and Stellantis are also discussing a joint venture, according to Bloomberg. Read more…