China aims for NEVs to become an important part of the energy storage system by 2030, providing tens of millions of kilowatts of regulation capacity to the power system. Read more…
Category: CnEVPost
Changan’s EV unit Avatr to add EREVs to its product lineup
Avatr will launch two new models in 2024 and will have four EVEVs to add to the lineup, its president said. Read more…
Zeekr partners with local dealer to tap Singapore market
Zeekr will launch the right-hand drive versions of the Zeekr 009 and Zeekr X in Singapore, with deliveries starting in the third quarter of 2024. Read more…
China EV insurance registrations for week ending Dec 31: Nio 5,700, Xpeng 4,800, Li Auto 14,100, Tesla 15,800
In December, 17,700 Nio vehicles were registered for insurance in China, 17,300 for Xpeng and 76,000 for Tesla. Read more…
Nio issues repurchase right notice for convertible senior notes due 2026
As of January 2, the notes had an aggregate principal amount of $301,448,000 outstanding. Read more…
X9 set to lift Xpeng’s volume and gross margin, says Deutsche Bank
Pricing for the Xpeng X9 has been more aggressive than expected, and volume could go upside in the first half of 2024, said Deutsche Bank. Read more…
China’s Dec NEV wholesale sales at record 1.13 million units, CPCA estimates show
Preliminary estimates show that for the full year 2023, China’s wholesale sales of passenger NEVs were 8.88 million units, a year-on-year increase of 38 percent, according to the CPCA. Read more…
Tesla sells 94,139 China-made cars in Dec, 2nd highest on record
For the full year 2023, Tesla sold 947,742 China-made vehicles. Read more…
Half of Nio models have shorter wait times
Waiting times for the ET5, ET5 Touring, EC7, and ES8 all went from 3-4 weeks to 2-3 weeks today. Read more…
Nio signs partnership deal with solar panel maker Longi
Nio’s fourth-generation battery swap stations will be equipped with 60 square meters of photovoltaic systems, which will save nearly 18,000 kWh of electricity per year per station. Read more…
BYD beats Tesla in quarterly BEV sales for 1st time ever
BYD sold 526,409 passenger BEVs in the fourth quarter, 8.65 percent higher than Tesla’s 484,507 global deliveries. Read more…
Tesla delivers 484,507 cars globally in Q4, 1.81 million for full year 2023
For the full year 2023, Tesla delivered 1,808,581 units globally, up 37.65 percent year-on-year. Read more…
Xiaomi EV to build hybrid sales network, signs up 14 sales partners
Xiaomi EV’s retail will include a directly-managed system and leverage external forces in pursuit of ultimate business efficiency and user experience, an executive said. Read more…
BYD to reward dealers with $280 million for reaching 3 million annual sales target, report says
For dealer stores that meet their sales targets, BYD will give them a reward of RMB 666 for every vehicle they have sold, according to local media. Read more…
Factbox: Detailed pricing for Li Auto models in 2024
Li Auto’s three current models are all EREVs with a starting price range of RMB 319,800 to RMB 459,800. Read more…
Factbox: Detailed prices for Xpeng models in 2024
Xpeng’s models are aimed mainly at the price range of RMB 200,000 to RMB 300,000, which is one of the most crowded segments at the moment. Read more…
Factbox: Detailed prices of Nio models in 2024
CnEVPost has recorded detailed price information for each Nio model available in January 2024 in this article. Read more…
Xpeng expands coverage of Tesla FSD-like XNGP to 243 cities
As of today, XNGP’s smart driving capabilities cover 90 percent of the cities where owners of Max version Xpeng vehicles are located. Read more…
BYD Dec sales breakdown: Song 84,039 units, Seagull 50,525 units
The Yangwang brand delivered 1,593 vehicles and Fang Cheng Bao 5,086 vehicles in December. Read more…
Huawei-backed Aito delivers record 24,468 cars in Dec
Aito said it is ramping up delivery capacity, which is expected to top 30,000 vehicles in a single month beginning in 2024, as it secures more than 120,000 firm orders for the new M7. Read more…
