BYD today announced promotions focused mainly on models in its Dynasty lineup, aimed at encouraging owners of traditional fuel vehicles to switch to the company’s NEVs. Read more…
Category: CnEVPost
Nio Q3 earnings preview: In-line results expected, Q4 outlook could be soft
Steps being taken by Nio should bear fruit in the coming quarters, but a material improvement in the sales trajectory may take more time, Edison Yu’s team said. Read more…
Li Auto plans to start tapping overseas markets in 2024, with 1st stop to be Middle East, report says
Li Auto plans to initially enter Middle Eastern countries including the UAE, Saudi Arabia and possibly some North African countries, with the first model to be the flagship Li L9, according to local media. Read more…
Baidu-backed Jiyue cuts price of 1st model by $4,200 one month after launch
Jiyue has slashed the starting prices of both versions of the Jiyue 01 by RMB 30,000 and is compensating customers who have already taken delivery for the difference. Read more…
Neta’s Thailand plant with 20,000 annual capacity goes into production
Neta’s Thailand plant has begun production of the right-hand drive version of the Neta V-II and will be the main manufacturing base for Neta’s right-hand drive EVs. Read more…
BMW to build charging network in China with Mercedes, aiming for 1,000 supercharging stations by 2026
BMW Brilliance and Mercedes-Benz will set up a 50:50 shareholding joint venture to operate a supercharging network in China. Read more…
GAC Aion to build plant with annual capacity of 50,000 vehicles in Thailand
Total investment in the plant will be about $65.9 million and the first phase is expected to be completed by July 2024. Read more…
Nio exec shows vehicle driving autonomously, swapping battery automatically in video
The video shows a Nio vehicle traveling to a battery swap station by driving autonomously and driving away after completing the automatic battery swap. Read more…
Charging app created by Nio surpasses 4 million registered users
Nio launched the Jia Dian App in September 2019, claiming to support 90 percent of public charging piles in China, and saw over 1 million registered users in June 2022. Read more…
Zeekr says its US IPO moving forward orderly in response to reported pause
Earlier today, IFR reported that Zeekr had put its planned US IPO on hold amid weak market sentiment. Read more…
Changan’s NEV unit Deepal starts selling 2 models in Thailand
The Deepal S07 and Deepal L07 received 6,452 pre-orders in the first 45 hours after the start of pre-sales, ahead of the start of formal sales. Read more…
BYD Semiconductor’s new $1.4 billion project sees completion of phase 1
The project will have an annual capacity of 720,000 power device products and 6 billion optical microelectronic products when completed. Read more…
JAC could be next member of Nio battery swap alliance, report says
After Changan, Geely, JAC may also join Nio’s battery swap system, local media said. Read more…
BYD sees 200,000th Seagull compact EV roll off line
The Seagull, the least expensive model under the BYD umbrella, sold 43,350 units in October, making it the second-highest selling BYD model. Read more…
China NEV retail sales at 563,000 in Nov 1-26, down 7% from same period last month
China’s retail penetration of NEVs was 40.5 percent from November 1 to November 26, and 34.9 percent year-to-date. Read more…
BYD posts tribute to Charlie Munger: ‘We have lost a great mentor and dear friend’
BYD was recognized by Munger in 2008 when Berkshire Hathaway became a significant shareholder in the company, the company said. Read more…
Tie-up with Geely paves way for Nio’s swap network to serve both private and commercial vehicles
Nio’s battery swap system will go from private domain exclusive service to public service and is expected to turn a profit, local media said. Read more…
Factbox: What brands are under Geely umbrella
Geely Holding Group is one of China’s largest car companies, operating in eight sectors and owning dozens of brands. Read more…
Nio battery swap alliance adds Geely as new member
Geely becomes the latest Chinese auto giant after Changan to enter into a partnership with Nio on battery swap. Read more…
Nvidia expanding its autonomous driving team in China
Nvidia has posted a job ad for its autonomous driving China team, led by former Xpeng smart driving chief Wu Xinzhou. Read more…