BYD makes its hybrid models less expensive than its petrol counterparts in a strong second offensive against them. Read more…
Category: CnEVPost
BYD reportedly to launch lower-priced NEVs on Feb 20 to further offensive against ICE models
BYD will launch new variants of the Qin Plus and Chaser 05 in Glory Editions on February 20, both starting at RMB 79,800, or $11,100, according to local media. Read more…
Automakers’ share of China’s NEV market in Jan: BYD tops with 31%, Tesla 5th with 6%
Among the top 5, Tesla only produces BEVs, while the other automakers produce both BEVs and PHEVs. Read more…
Premium Chinese EV brand HiPhi halts production for 6 months
Employees will be paid as usual until February 18, and after March 15 only HiPhi employees in Shanghai will receive basic pay, according to local media. Read more…
China could see single-month NEV penetration exceed 50% this year, says BYD chairman
BYD is China’s largest NEV maker, capturing 35 percent of the country’s NEV market in 2023. Read more…
Nio’s charging map now accesses over 1 million 3rd-party chargers
By the end of 2023, there were 2.73 million public charging piles in China, according to an industry association. Read more…
Li Auto reportedly aims to have over 10,000 supercharging stations by 2025, more than tripling original target
Li Auto said it was targeting 3,000 charging stations by 2025 when it unveiled its all-electric solution at last year’s Shanghai auto show. Read more…
Nio showcases ET9’s SkyRide chassis system’s capabilities during winter test
A video shared by Nio shows the ET9 letting the thick snow covering its body fall through significant body shaking. Read more…
Xpeng has about 30 new and facelifted models planned for next 3 years, CEO says in internal letter
Xpeng’s two new platforms will see the launch of their respective first models in 2024, complementing the company’s lineup in the RMB 100,000 to RMB 400,000 price range. Read more…
BYD Yangwang to officially launch U9 electric supercar on Feb 25
In the minds of many Chinese residents, February 25 marks the real start of a new year’s work. Read more…
BYD mulls EV plant in Mexico
BYD is considering setting up an EV plant in Mexico as it seeks to establish an export hub to the US, Nikkei reported. Read more…
JAC says its luxury EV built with Huawei expected to hit market in 2025
JAC and Huawei will collaborate to build a luxury smart EV that is expected to hit the market in 2025, the automaker said. Read more…
Xpeng’s next B-class sedan to begin production in Q3, supplier says
Earlier this week local media reported that Xpeng will launch a sedan codenamed F57 later this year, which will be a notch above the company’s current flagship sedan, the P7 series. Read more…
Tesla sells 39,881 cars in China in Jan, exports 31,566 from Shanghai plant
Tesla’s share of the Chinese BEV market was 10.61 percent in January, down from 12.68 percent in December. Read more…
China’s NEV retail at 668,000 in Jan, down 29.5% from Dec
China’s NEV penetration at retail was 32.8 percent in January, down 7.5 percentage points from 40.3 percent in December. Read more…
Li Auto to report Q4 earnings on Feb 26
Li Auto delivered a record 131,805 vehicles in the fourth quarter, with the lowest-priced Li L7 contributing 40 percent. Read more…
Geely Auto inks deal to purchase Zeekr cars for resale in Mexico
At a time when the cost of fossil fuels is skyrocketing and sustainability is becoming increasingly important, Latin American consumers are eager for greener vehicles, Geely Auto said. Read more…
Global EV battery market share in 2023: CATL 36.8%, BYD 15.8%
As a comparison, CATL and BYD’s shares in 2022 were 36.2 percent and 13.9 percent, respectively. Read more…
China Jan EV battery installations: CATL share 49.41%, BYD 18.58%
CATL’s share of China’s EV battery market increased by 4.93 percentage points in January from December, while BYD’s share decreased by 4.37 percentage points. Read more…
China’s NEV retail sales down 29% MoM to 670,000 in Jan, preliminary CPCA data show
This means that the penetration of passenger NEVs at retail was 32.8 percent in January, down from 40.2 percent in December. Read more…
