Pony AI could be listed in Hong Kong this year, according to Bloomberg.
Hong Kong’s stock market began allowing companies to confidentially file listing applications earlier this month.
Category: CnEVPost
CATL to price HK listing at HK$263 per share, report says
CATL’s issue size adjustment option will be exercised and it will raise about HK$35.66 billion ($4.57 billion) in total.
CATL’s offering received a more-than-expected reception, in part due to optimism from the truce in the US-China trade war.
Launch event for Nio’s facelifted ES6, EC6 to start at 7:30 pm Beijing time on May 16
The launch event for the facelifted Nio ES6 and EC6 will be held online only, partly to save costs.
Firefly also held an online-only event when it launched its first model on April 19.
China NEV retail at 294,000 in May 1-11, up 32% year-on-year
China’s cumulative retail sales of passenger NEVs so far this year stood at 3.618 million units, up 35 percent year-on-year.
China’s NEV penetration rate at retail was 51.3 percent in the May 1-11 period and 48.6 percent year-to-date.
Tesla to resume shipping parts from China to US for Cybercab, Semi production
Tesla plans to start shipping parts from China to the US for the production of Cybercab and Semi trucks from the end of this month, Reuters reported.
The move suggests that the de-escalation of the US-China trade war is having a direct impact on business activity.
Baidu plans to launch robotaxi service in Europe, report says
Baidu plans to launch its Apollo Go robotaxi service in Switzerland and plans to set up a local company there in the coming months.
Baidu also plans to launch Apollo Go in Turkey, according to the Wall Street Journal.
[Video] Xpeng designer previews new coupe with sleek design
The coupe, internally codenamed E29, has a sporty overall exterior style.
It’s expected to target the performance- and style-conscious group, and the official name is likely to be P7 Ultra.
IM Motors launches updated L6 sedan with unchanged starting price
The starting price of the entry-level version of the updated IM L6 remains unchanged, but the pricier variants have seen price cuts.
Deliveries of the updated IM L6 will begin on May 19.
Changan sub-brand Nevo teases C390 sedan with elegant design
The C390 is one of the few models under Changan’s umbrella that has sparked social media buzz for exterior design.
The Nevo C390 could be launched in the second half of this year.
BYD to launch all-electric sedan e7 on May 17
The BYD e7 has a range of up to 520 kilometers and is expected to target corporate customers.
The BYD e series was last updated in March 2024.
Avatr sues blogger for $1.4 million over drag coefficient drama
This is by far one of the largest claims by a Chinese automaker against a blogger, as the drag coefficient drama continues.
An apology video by the blogger further angered Avatr.
Xpeng announces entry into Italy as it continues European expansion
Xpeng has entered over a dozen European markets including Germany, France, and the UK.
Xpeng hopes that half of its future car sales will come from overseas.
Dongfeng EV unit Voyah expands into Middle East, launches 2 models in UAE
Voyah started selling the Voyah Free SUV and the Voyah Dream MPV in the UAE.
Voyah has entered the auto markets of more than 40 countries.
Nio gets European certification for steer-by-wire tech on ET9
This is the only case in the world where SBW technology has been certified in both China and Europe.
In December 2024, the ET9’s SBW technology was licensed for mass production in China.
China EV insurance registrations for week ending May 11: Nio 3,930, Tesla 3,070, Xiaomi 5,180
Nio Inc, which includes the Nio, Onvo and Firefly brands, had 6,060 insurance registrations in China last week, up 18.82 percent from the previous week.
Tesla’s insurance registrations in China last week were down 57.89 percent from the previous week’s 7,290 units.
China EV insurance registrations for week ending May 11: Nio 3,930, Tesla 3,070, Xiaomi 5,180
Nio Inc, which includes the Nio, Onvo and Firefly brands, had 6,060 insurance registrations in China last week, up 18.82 percent from the previous week.
Tesla’s insurance registrations in China last week were down 57.89 percent from the previous week’s 7,290 units.
Mercedes-Geely JV Smart launches Smart #5 in HK, gives SUV debut in Malaysia
Smart has expanded its portfolio for the right-hand drive market with the launch of the Smart #5 in Hong Kong and its debut in Malaysia.
The model is expected to be officially launched in Malaysia in the second half of this year.
CATL, Changan Mazda tie up on joint car-making
CATL and Changan Mazda will jointly build NEVs based on CATL’s CIIC skateboard chassis.
CATL’s skateboard chassis enables decoupling of the upper and lower bodies of a car, thereby accelerating the development of new models.
BYD enters Romania, to open over 30 local sales outlets by end of 2025
BYD has entered Romania with the launch of four models and the opening of its first local store.
BYD sold a record 79,086 vehicles overseas in April, up 92.84 percent year-on-year.
Automakers’ share of China NEV market in Apr: BYD No. 1 with 29.7%, Tesla No. 8 with 3.2%
Tesla dropped from No. 3 in March to No. 8 in April in the Chinese NEV market, as its local deliveries slipped.
In the January-April period, BYD’s share of China’s NEV market was 29.0 percent, and Tesla’s was 4.9 percent.
