Contents from Leapmotor’s Hong Kong IPO prospectus explain in detail the company’s business as well as its technologies. Read more…
Category: CnEVPost
Stellantis to acquire 20% stake in Leapmotor with €1.5 billion investment, to form JV for international markets
Stellantis will form a joint venture with Leapmotor, Leapmotor International, which will begin export operations in the second half of 2024. Read more…
Stellantis nears deal to buy 20% of Leapmotor, report says
As part of the deal, Leapmotor and Stellantis are also discussing a joint venture, according to Bloomberg. Read more…
BYD showcases 5 models at Tokyo auto show, Yangwang U8 makes overseas debut
BYD has become the first Chinese automaker to participate in the Tokyo auto show, with the ultra-luxury Yangwang U8 making its overseas debut and demonstrating its tank turn feature. Read more…
China’s NEV retail sales at 472,000 in Oct 1-22, up 4% from same period last month
China’s retail penetration of NEVs was 38.9 percent in the October 1-22 period. Read more…
Xpeng to report Q3 earnings on Nov 15
Xpeng delivered 40,008 vehicles in Q3, within guidance range, with new SUV G6 contributing 48.6 percent. Read more…
Chinese autonomous driving startup Pony confirms $100 million investment from Saudi Arabia
Pony.ai plans to set up a joint venture with Neom in Northwest Saudi Arabia to provide autonomous driving technology solutions for the region. Read more…
Premium Chinese EV brand HiPhi reportedly making massive layoffs
Rumors on Chinese social media said HiPhi will lay off up to 20 percent of its workforce and up to 50 percent in some divisions. Read more…
Canalys expects China’s auto exports to reach 5.4 million in 2023, NEVs to contribute 40%
MG, Tesla, and BYD were the brands that exported the most NEVs from China in the first half of the year, contributing 25.3 percent, 22 percent, and 15.4 percent, respectively. Read more…
Nio among 1st adopters of Qualcomm’s Snapdragon 8 Gen 3 chipset
Qualcomm overnight launched its latest Snapdragon 8 Gen 3 chipset, which is expected to be standard on flagship Android-powered phones in 2024. Read more…
Nio’s 2nd swap station in Macau goes live
The station is Nio’s 1999th in China and appears to commemorate Macau’s return to China in 1999. Read more…
Nio has gained car production qualification by acquiring local automaker, report says
Nio acquired Leopard in a government-coordinated buyout to qualify for vehicle production, and potential further acquisitions of two of JAC’s plants will allow it to end its history of contract manufacturing, local media said. Read more…
Xpeng unveils XNGP roadmap, new flying cars, bipedal robot at annual Tech Day event
By the end of 2024, XNGP will be available across the road network in major cities in China, and NGP functionality will be available in Europe by then, Xpeng said. Read more…
Chinese autonomous driving startup Pony reportedly gets $100 million investment from Saudi Arabia
Pony.ai will set up a joint venture in Saudi Arabia and establish a manufacturing and R&D center, according to local media. Read more…
California Governor Gavin Newsom lauds BYD’s technology after experiencing Yangwang U8 in Shenzhen
“This is another leap in the technology, I mean, next level leap,” Newsom said after experiencing the tank turn feature of the Yangwang U8 in Shenzhen. Read more…
Nio’s highway swap stations in China reach 600 as overall number nears 2,000
Nio today added 15 new battery swap stations in China, bringing the total to 1,998. Read more…
China EV insurance registrations for week ending Oct 22: Li Auto 9,000, Tesla 8,100, Nio 4,400
Between October 1 and October 22, Li Auto was at 26,800, Nio at 9,500, Xpeng at 9,400 and Tesla at 16,500 units. Read more…
Zeekr sees 1st production cars of Zeekr 001 FR electric supercar roll off line, official launch set for Oct 27
Zeekr announced yesterday that Formula One racing driver Kimi Raikkonen has become the company’s chief performance advisor and will see the launch of the Zeekr 001 FR. Read more…
Nio ES8, EC7 wait times further reduced to 2-3 weeks
The ES8 and EC7, Nio’s highest priced models, both previously saw wait times reduced from 4-5 weeks to 3-4 weeks on October 11. Read more…
Baidu-backed Jiyue signs strategic cooperation deal with CATL
CATL is supplying batteries for the Jiyue 01, which will be officially launched on October 27. Read more…
