
Xpeng has made a new round of organizational changes led by new president Wang Fengying, involving teams including marketing, human resources, data, manufacturing and product planning, according to local media. Read more…
Category: CnEVPost
New Aito M7 has totaled over 130,000 firm orders in 4 months since launch, says Huawei’s Richard Yu

The new M7 was launched on September 12 and contributed 84 percent of Aito’s 24,468 deliveries in December. Read more…
Nio beefs up marketing as funny video goes viral

The animated video showcases the Nio ES8’s self-driving capabilities, zero-gravity seat, and elegance on the road. Read more…
Dongfeng’s NEV brand Voyah strikes strategic partnership with Huawei

Voyah said it and Huawei will accelerate the large-scale commercial application of intelligent technologies through the exploration of collaborative vehicle models. Read more…
BYD’s Thai distributor to triple store count in 2 years

Rever currently has about 100 dealership outlets, making BYD the dominant automaker in Thailand’s EV market with a 40 percent share. Read more…
Leapmotor secures $84.3 million strategic investment from local govt funds

This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium to its closing price in Hong Kong today. Read more…
Eve Energy to build energy storage plant in Malaysia

Eve Energy plans to set up an energy storage company in Malaysia and acquire new land parcels to begin construction of an energy storage plant. Read more…
Xpeng has solid new models pipeline for 2024-2025, says BofA

The Xpeng brand will have a total of 10 models based on the SEPA 2.0 platform, many of which will be launched in 2024-2025. The Mona project’s A-class sedan is scheduled for launch in the second half of the year. Read more…
Chinese startup Newrizon begins exporting battery swap-enabled electric trucks to Middle East

Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital. Read more…
Lotus launches Emeya electric sedan in China with starting price of $92,830

The Lotus Emeya is available in four trims, three of which feature four LiDARs. Customers who order now can expect delivery in 6-8 weeks. Read more…
CPCA expects China’s Jan NEV retail sales to be 800,000 units, 15.3% lower than Dec

China’s passenger car retail sales are estimated to be around 2.2 million units in January, down 6.5 percent from December. Read more…
Tesla importing cell parts from China to expand 4680 battery capacity, report says

Tesla began purchasing cathode coils from two second-tier Chinese battery makers in the second half of 2023 and shipping them to its Texas factory in the US to produce 4680 batteries, according to local media. Read more…
Chinese lithium producer Ganfeng signs long-term supply deal with Hyundai Motor

Ganfeng will supply battery-grade lithium hydroxide products to Hyundai Motor under a contract valid from January 1, 2024 to December 31, 2027. Read more…
BYD launches 3 EV models in Indonesia, plans to build local plant

BYD has launched the Seal, Dolphin and Atto 3 in Indonesia and plans to invest $1.3 billion in a plant with a capacity of 150,000 vehicles. Read more…
Tesla to display Cybertruck in China

Tesla in China is asking those interested to choose the city where they want the Cybertruck to make its debut, but the pickup may not be available for sale in the country for the foreseeable future. Read more…
China’s major automakers gather in Beijing to discuss industry development, report says

The meeting covered topics including promoting the development of the NEV industry, boosting NEV consumption, and encouraging the expansion in overseas markets, according to local media. Read more…
SAIC’s new car carrier makes maiden voyage, aims to add 14 vessels in 3 years

A new car carrier joins the fleet of SAIC’s Anji Logistics, bringing the total number of vessels to 31. Read more…
SAIC aims to sell 1.35 million vehicles overseas in 2024

SAIC sold about 1.21 million vehicles overseas in 2023, and the target implies a 12 percent growth. Read more…
Nio reportedly offering up to $5,560 off current models

There’s no specific deadline for these discounts until the 2023 models are sold out. Nio will begin delivering 2024 models in March. Read more…
BYD to stop producing pouch batteries for its PHEVs over leak concerns, report says

BYD last month began converting its pouch-type battery cell production lines at two of its factories to produce prismatic batteries, but is still producing pouch cells at a third plant, according to Reuters. Read more…

