China FAW will join the Nio-led battery swap alliance, becoming the seventh automaker to do so, according to local media. Read more…
Category: CnEVPost
Onvo will contribute positively to Nio’s ‘P&L’ when it reaches 20,000 monthly sales, William Li says
Li said this in response to a question about Nio’s sales expectations for Onvo’s first model, and used English when referring to ‘P&L’. Read more…
Li Auto hit with class lawsuit over Li Mega debacle
Li Auto is accused of exaggerating market demand for the Li Mega and the effectiveness of its operational strategy when it launched the model, allegations that the company refutes. Read more…
Xpeng forays into France with launch of G9 and G6
G9 is offered in three variants in France, starting at a suggested retail price of 59,990 euros ($64,960). Read more…
Li Auto laying off over 18% of its workforce, report says
Li Auto is reportedly undergoing massive layoffs that could involve more than 5,600 people, as sales fall short of expectations, according to local media. Read more…
China NEV retail at 241,000 in May 1-12, up 10% from same period last month
China’s retail penetration of NEVs was 43.11 percent in May 1-12, and 38.87 percent year-to-date. Read more…
Onvo L60 likely to help Nio top 20,000 unit monthly sales, says Deutsche Bank
Deutsche Bank expects the Nio main brand and the Onvo brand to launch a total of six new products in 2025, realizing 300,000 unit sales. Read more…
Nio formally launches Onvo sub-brand, 1st model L60 to challenge Tesla Model Y
Onvo has begun pre-sales of the L60 at RMB 219,900 ($30,440), RMB 30,000 less than the Tesla Model Y. The L60 will hit the market and begin deliveries in September. Read more…
Baidu Apollo launches 6th-gen robotaxi with 60% lower cost
Baidu’s self-driving ride hailing platform Apollo Go is close to break-even and aims to be profitable by 2025. Read more…
Xiaomi EV plans to start double-shift production in Jun, report says
Xiaomi EV plans to increase its daily production time from 8 hours to 16 hours starting in June, with monthly production capacity expected to rise to nearly 20,000 units, according to local media. Read more…
BYD launches 1st pickup truck Shark in Mexico with starting price of $53,400
The BYD Shark can sprint from 0 to 100 km/h in 5.7 seconds and supports features including in-vehicle voice control and remote vehicle management. Read more…
Who is head of Onvo? Nio president explains
Onvo’s president met Nio’s management in 2015 and joined Nio in January 2021 to work on creating Onvo’s team. Read more…
Xiaomi completes delivery of 10,000th SU7
Xiaomi EV said it is working on increasing its production capacity to ensure it meets its 100,000-unit delivery target this year. Read more…
BYD Shark pickup’s specs revealed ahead of debut
The BYD Shark can accelerate from 0 to 100 kilometers per hour in 5.7 seconds, with an NEDC battery range of 100 kilometers and a combined range of 840 kilometers. Read more…
Xpeng reportedly to use BYD batteries in Mona sub-brand
US announces tariff hike on Chinese EVs from 25% to 100%
China said it will take all necessary measures to safeguard its legitimate rights and interests. Read more…
BYD Shark pickup’s specs released ahead of debut
The BYD Shark can accelerate from 0 to 100 kilometers per hour in 5.7 seconds, with an NEDC battery range of 100 kilometers and a combined range of 840 kilometers. Read more…
Leapmotor’s JV with Stellantis formed, to begin sales in Europe in Sept
Leapmotor International will initially cover markets including Belgium, France, Italy, Germany, Greece, the Netherlands, Romania, Spain, and Portugal, and plans to expand its European sales network to 200 by the end of the year. Read more…
China EV insurance registrations for week ending May 12: Nio 4,400, Tesla 9,800, BYD 68,500, Xiaomi 1,100
For May 1-12, Nio was 5,600, Xpeng 2,800, Li Auto 10,800, Tesla 16,900, BYD 101,300. Read more…
Xiaomi EV reportedly ups orders to supply chain by 80%
Xiaomi EV is asking its upstream suppliers to boost the supply of components, increasing orders by about 80 percent, according to local media. Read more…