
The official launch of the updated ES6 and EC6 will take place on May 16, and show cars are already available at Nio showrooms.
The updated ET5 and ET5 Touring will be launched on May 25, with show cars to be available on May 22.

The official launch of the updated ES6 and EC6 will take place on May 16, and show cars are already available at Nio showrooms.
The updated ET5 and ET5 Touring will be launched on May 25, with show cars to be available on May 22.

The adjustments focus on Onvo, which remains a sub-brand but will operate as a first-tier division of Nio.
Nio is also reducing management compensation costs.

Tesla’s Shanghai Gigafactory completed the capacity ramp-up for the updated Model Y in six weeks, setting a new record for it.
Factories are Tesla’s best products, it said.

The partnership includes the new Xiaomi curve on the Grand Prix circuit and a new advertising installation on the Nordschleife.
The Xiaomi SU7 Ultra production version is on a challenge at the Nürburgring track.

Nio will start accepting pre-orders for the updated ES6 and EC6 on Saturday, May 10.
Show cars of the updated ES6 and EC6 will be available at Nio’s showrooms in China starting May 10.

Xpeng Aeroht said its mass-production factory for flying cars is now 70 percent complete and is scheduled for completion in the fourth quarter.
Xpeng Aeroht submitted its Type Certificate application in March 2024, which is still under review.

Leapmotor began pre-sales of the updated C10 at the end of last month at a starting price of RMB 129,800 ($17,900).
The C10 delivered 12,255 units in March, contributing 33 percent of Leapmotor’s monthly deliveries.

Li Auto’s updated L-series EREVs are now available in showrooms, with deliveries set to begin next week.
These updated models are priced the same as before but bring feature upgrades.

Tener Stack is capable of charging around 150 EVs or powering an average home for six years.
It is the world’s first production-ready 9 MWh ultra-high-capacity energy storage system solution.

BYD now believes it has the right products to replicate its success in China in overseas markets, according to Reuters.
This growth will be driven by expansion in Europe and Latin America.

China’s NEV penetration at retail stood at 52.3 percent in April and 48.31 percent year-to-date.
Wholesale sales of NEVs in April were 1.142 million units, up 41 percent year-on-year and up 1 percent from March.

The Sealion 07 DM-i is a sister model to the all-electric Sealion 07 EV and the fourth model in BYD’s Sealion family.
The Sealion family sold 26,220 units in April, up 44.66 percent from 18,125 in March.

Beijing Hyundai has completed the debut of the Elexio, saying it aims to launch a comeback bid by a joint venture automaker in China.
This year could be an important one for joint ventures in China to launch comeback efforts in the EV market.

BYD and Tsingshan are backing out of multimillion-dollar plans to build lithium cathode plants in Chile, according to Reuters.
Both projects have been hit by plummeting lithium prices.

Avatr starts offering EREV variants of the Avatr 12 at a starting price of RMB 269,900 ($37,360).
A recent video has raised questions about the drag coefficient of the Avatr 12.

Xpeng has invited banks to pitch for a role in an IPO that could take place in Hong Kong or the US, according to Bloomberg.
Xpeng Aeroht’s last financing was a $150 million series B1 round in August 2024.

China’s wholesale sales of passenger NEVs were estimated at 1.14 million units in April, up 42 percent year-on-year and up 1 percent from March.
Among the major carmakers’ NEV wholesale sales, BYD stood at 372,615 units, Geely at 125,563, and SAIC-GM-Wuling at 77,878.

This was down 5.96 percent from 62,167 vehicles sold in the same month last year and down 25.84 percent from 78,828 units in March.
In the January-April period, Tesla China sold 231,213 vehicles, a decrease of 18.31 percent year-on-year.

The proposed purchase price is $25.66 per Zeekr ADS, a premium of 13.6 percent from the last trading session. Read more…

Uber has committed to an additional $100 million equity investment in WeRide on top of its existing investment.
The investment, which will close in the coming months, will be Uber’s largest investment in autonomous driving to date.
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