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.
Category: CnEVPost
Xpeng Aeroht’s Production Certificate application begins to be reviewed by Chinese aviation authorities
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 to launch updated C10 SUV on May 15
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 officially launches updated L-series EREVs with unchanged prices
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.
CATL launches Tener Stack energy storage system with massive 9 MWh capacity
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 aims for half of its sales to come from outside China by 2030, report says
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 NEV retail at 922,000 in Apr, up 37% year-on-year, preliminary CPCA data show
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.
BYD launches hybrid Sealion 07 DM-i, starts at $23,460
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.
Hyundai’s China JV debuts Elexio all-electric SUV in comeback effort
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 withdraws plans to build lithium plant in Chile as lithium prices plunge
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 launches updated Avatr 12 sedan amid drag coefficient doubts
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 mulls flying car unit IPO in HK or US, report says
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.
CPCA estimates China NEV wholesale up 42% year-on-year to 1.14 million in Apr
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.
Tesla China sells 58,459 cars in Apr, down 6% year-on-year
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.
Geely proposes to take Zeekr private
The proposed purchase price is $25.66 per Zeekr ADS, a premium of 13.6 percent from the last trading session. Read more…
Uber reportedly to invest extra $100 million in WeRide
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.
Nio sees single day battery swap service top 134,770 over Labor Day holiday
At the busiest station along the highway, the number of services in a single day reached 150.
Compared to the same holiday last year, there was a 64 percent increase in the average daily number of services provided by battery swap stations along highways.
China EV insurance registrations for week ending May 4: Nio 3,470, Tesla 7,290, BYD 59,310
Nio Inc had 5,100 insurance registrations in China last week, including 3,470 under the Nio brand, 1,280 for Onvo and 350 for Firefly.
Vehicle deliveries were negatively impacted by the May 1-5 Labor Day holiday in China.
Global EV battery market share in Jan-Mar 2025: CATL 38.3%, BYD 16.7%
CATL and BYD’s combined EV battery installations in January-March amounted to 121.9 GWh, accounting for 55.0 percent of the global market.
CATL’s share in January-March increased slightly from January-February, while BYD declined slightly.
Avatr invites Tesla’s Elon Musk to witness wind tunnel test after video raises doubts about its sedan’s drag coefficient
Avatr said Elon Musk shared inaccurate information and invited the Tesla CEO to witness a wind tunnel test of the Avatr 12.
This comes after a video raised skepticism about the Avatr 12’s drag coefficient.
