Nio’s latest NOP+ could be used outside of Greater China, further demonstrating its algorithm’s ability to adapt to different traffic rules and driving scenarios, Morgan Stanley said. Read more…
Category: CnEVPost
Leapmotor launches new SUV C10 with prices starting at $17,900, updates existing models with lower prices
The Leapmotor C10’s official pricing is significantly lower than it was at pre-sale, and updated versions of existing models see price cuts across the board. Read more…
IM Motors secures over $1.1 billion in new financing
The financing will be used for next-generation model development, smart driving technology development and entry into overseas markets. Read more…
BYD Feb sales breakdown: Song 35,273 units, Qin 16,191
The Yangwang brand delivered 780 vehicles and Fang Cheng Bao 2,310 vehicles in February. Read more…
Li Auto officially enters BEV segment with Li Mega launch; rolls out updated L-series models
Li Auto reiterated the company’s confidence that the Li Mega will be the top seller in the car market with a price tag of more than RMB 500,000 yuan. Read more…
BYD sells 122,311 NEVs in Feb, down 39% from Jan
BYD saw a drop in NEV sales in February as the New Year holiday brought disruptions. Read more…
Nio delivers 8,132 cars in Feb, down 19% from Jan
The Chinese New Year holiday caused disruption, and potential customers’ wait-and-see ahead of the 2024 models may also have had an impact. Read more…
Xpeng delivers 4,545 cars in Feb, down 45% from Jan
This article is being updated, please refresh later for more content. Read more…
BYD launches updated Song Pro DM-i with $2,780 price cut
The updated Song Pro DM-i continues to be offered in five variants, all with a price cut of RMB 20,000 to a starting price of RMB 109,800 yuan. Read more…
Li Auto delivers 20,251 cars in Feb, down 35% from Jan
Li Auto said it is targeting a rebound to 50,000 monthly deliveries in March. Read more…
Nio earnings preview: Here’s what to watch for Q4 2023 report
Focus will mostly be on the gross margin, and Nio management’s guidance for first-quarter deliveries are expected to be weak. Read more…
ClearMotion opens factory in China, production of suspension products for Nio ET9 to start soon
The opening of the facility marks the imminent start of production of ClearMotion1, an active suspension product that will be fitted to the Nio ET9, ClearMotion said. Read more…
Tesla starts new promotion in China amid fierce EV price war
Chinese customers who take delivery of already-produced vehicles of the Model 3 and Model Y by the end of March can get benefits including an insurance subsidy of RMB 8,000. Read more…
Chery’s new iCAR brand launches 1st EV model iCAR 03, prices start at $15,260
The iCAR 03 has a boxy look, and Chery said it’s a car for young people. Read more…
Xpeng says its XNGP assisted driving feature becomes available on all roads in China
Xpeng will begin development of a globally available highway NGP in 2024 and a globally available XNGP in 2025. Read more…
CATL’s M3P battery expected to be installed in Tesla models, report says
CATL is still in the process of developing and validating the M3P battery with Tesla, and the exact timing of the installation is not yet clear, according to local media. Read more…
BYD looking for Mexican plant site
BYD’s plan is to build the facility for the Mexican market, not the export market, a company executive said. Read more…
Xiaomi’s 1st EV model expected to start deliveries in Apr, report says
Xiaomi’s first EV model is expected to hit the market in March and deliveries will start in April, with production set to be around 2,000 units in the first quarter, according to local media. Read more…
Li Mega pre-orders far exceed Li L9’s performance over same period, says Li Auto CEO
Li Auto CEO said the company will share how it will make a premium BEV a hot seller at its March 1 launch event. Read more…
BYD continues model update with refreshed Song Plus, Seal DM-i
BYD continues its post-Chinese New Year model update move with refreshed versions of the Ocean series’ Song Plus, Seal DM-i priced significantly lower than previous versions. Read more…
