The latest target is up 50,000 units, or 16.67 percent, from Xiaomi EV’s previous target of 300,000 units.
Xiaomi EV has been making efforts to increase its production capacity and some progress has been made, Xiaomi CEO said.
Category: CnEVPost
Li Auto unveils MindVLA architecture to move toward ‘truly autonomous driving’
MindVLA will redefine autonomous driving in the same way that the iPhone 4 redefined smartphones, said Li Auto CEO.
Li Auto management said earlier this month that it initiated R&D on the next-generation VLA smart driving large model, which will be released alongside the Li i8.
BYD to officially launch new electric SUV Sealion 05 EV on Mar 25
The BYD Sealion 05 EV will be built on a new technology platform and will come standard with the God’s Eye C smart driving system.
BYD has shared more images of the Sealion 05 EV, showing details of the SUV’s exterior.
Xiaomi EV reaches 200,000th car delivery milestone
Xiaomi EV took 229 days to complete delivery of its first 100,000 units, while the second 100,000 units were delivered in just 119 days.
As a model that has been on the market for a year, the SU7 still maintains strong demand, with a current wait cycle of over 30 weeks.
CAAM urges halt to weekly auto sales charts
The CAAM said the move was intended to avoid fragmented information that could trigger one-sided interpretations and reduce market disruption from misleading public opinion.
Li Auto’s weekly sales chart, which it shares every Tuesday, may not continue to be published.
BREAKING: Nio partners with CATL to create world’s largest passenger car battery swap network
Nio today announced that it has partnered with CATL to create the world’s largest and most advanced battery swap network for passenger cars. Read more…
Onvo president explains why deliveries fell short of expectations, and lessons learned
Onvo president Alan Ai explained in an interview why deliveries have fallen short of expectations, and the lessons he and his team have learned.
Late last year a lack of preparation led to a loss of orders, affecting not just deliveries at the time, but also the confidence of potential consumers.
BREAKING: Tesla raises Model Y Long Range price by $1,380 in China
Tesla has raised the price of the long-range version of the facelifted Model Y in China by RMB 10,000 ($1,380), or 3.29 percent, to the latest price of RMB 313,500. Read more…
BYD unveils new EV platform with 1,000-kW supercharging support, starts Han L, Tang L pre-sales
BYD’s Super e-Platform uses redesigned blade batteries that support charging multipliers of up to 10 C and charging power of up to 1,000 kW.
The Han L EV and Tang L EV are the first models based on BYD’s Super e-Platform, both of which are available for pre-sales today, with an official launch set for early April.
Tesla offers Chinese owners 1 month of free FSD use to boost adoption
Between March 17 and April 16, eligible vehicles will be able to get the FSD feature for free after updating to the latest software.
The FSD software package costs RMB 64,000 ($8,850) in China, while BYD, Xpeng offer similar software for free.
Xpeng forays into Indonesia, to start local production in H2 2025
Xpeng started pre-sales of the G6 SUV and X9 MPV in Indonesia and plans to start localized production in Indonesia in the second half of 2025.
Xpeng said it sees Indonesia and the Asia-Pacific region as its next growth engine.
BYD mulls building its 3rd European plant in Germany, report says
BYD is considering building its third European car assembly plant in Germany as it looks to as build brand awareness and acceptance, according to Reuters.
BYD is currently building two NEV plants in Europe, one in Hungary and the other in Turkey.
Chinese LiDAR maker Hesai to open 1st overseas plant, aims to start production in 2026
Hesai will break ground on its first overseas project by the end of this year, with production targeted for 2026, according to the Financial Times.
Hesai said last week that it had a multi-year exclusive supply partnership with a top European automotive OEM — reportedly Mercedes-Benz.
BYD teases new electric SUV Sealion 05 EV
The compact electric SUV Sealion 05 EV will be based on an all-new platform with a rear drive powertrain.
The Sealion 05 EV will be the third model in BYD’s Sealion series after the Sealion 07 EV and Sealion 05 DM-i.
VW, FAW JV to launch 11 new models in China from 2026, including 10 NEVs
FAW-Volkswagen will launch six BEV models, two PHEV models, and two EREV models from 2026.
The plan to launch EREVs is interesting, considering that several years ago Volkswagen management was not optimistic about EREVs.
William Li details how Nio should control costs in internal speech
William Li said Nio is aiming for single-quarter profitability in the fourth quarter and needs to become more rational in cost control, resource allocation, and priority setting.
He asked staff to change the unjustifiable practices of the past, focus on efficiency, and deliver on business goals.
BYD’s 5th car carrier BYD Changsha to be launched soon
BYD Changsha is the fifth in BYD’s fleet and its second car carrier with a capacity of 9,200 vehicles.
BYD’s fleet previously included BYD Explorer No.1, BYD Hefei, BYD Changzhou, and BYD Shenzhen.
CATL posts record Q4 2024 net income, gross margin slips
CATL reported revenue of RMB 102.97 billion in the fourth quarter, a decrease of 3.08 percent year-on-year.
Its revenue declined in 2024 due to lower product prices brought about by lower prices of raw materials such as lithium carbonate.
Li Auto Q4 2024 earnings call: Live updates
Li Auto aims to have 2,500 supercharging stations at the launch of its first all-electric SUV, the Li i8, and to increase the number to more than 4,000 by the end of 2025. Read more…
Nio to allow ET9 test drives next weekend, shares new video showing SkyRide chassis’ capabilities
Nio has shared a new video showing the ET9’s ability to keep its wheels glued to the road while going through a ramp at 80 km/h.
Deliveries of the Nio ET9 are expected to take place at the end of this month.
