Xpeng at a record 11,100 units, Li Auto at 11,000 and Xiaomi at 8,500. Read more…
Category: CnEVPost
Nio Onvo ramps up promotions in renewed price war
Onvo continues to offer a zero down payment, three-year interest-free financing program, and additionally started offering option discounts.
Tesla, Xpeng announced promotional programs for car purchases two days ago.
Xiaomi working on boosting car production capacity, says CEO
Xiaomi CEO Lei Jun is discussing with colleagues responsible for vehicle manufacturing how to further increase production capacity.
Customers who order the SU7 now will still have to wait about six months for delivery.
BYD launches Yuan Up compact SUV in Europe
The Yuan Up, rebranded in Europe as the Atto 2, is the ninth model BYD has launched in Europe.
The Yuan Up is 4,310 mm long and has a WLTP range of 312 km.
Xiaomi SU7 Ultra to be launched on Feb 27, report says
Xiaomi’s sales target for the SU7 Ultra in 2025 is 10,000 units.
The SU7 Ultra is priced at about four times the starting price of the regular SU7 sedan.
BYD to unveil vehicle intelligence strategy on Feb 10 in bet on next phase of growth
After a successful electrification transition, BYD is looking to vehicle intelligence as a new catalyst to drive sales growth.
BYD’s Shenzhen-traded shares jumped nearly 9 percent to a 3-month high in afternoon trading.
BYD launches Sealion 07 electric SUV in Hungary
The Sealion 07 was renamed the Sealion 7 in Hungary and is BYD’s sixth model there.
The Sealion 07 has become one of BYD’s main models exported overseas, having already entered several markets in the past few months.
Chinese property giant Greenland launches unit dedicated to exporting NEVs
Greenland aims to achieve annual exports of 100,000 NEVs over the next three years.
It signed its first export order, totaling 5,000 vehicles and valued at about $70 million.
Nio adds 111 swap stations in China in Jan, average daily services reach 95,160
Nio currently has 3,106 battery swap stations in China, of which 964 are located along highways.
It provided 2,949,969 battery swap services in China in January, a daily average of 95,160.
IM Motors offers limited-time $4,130 discount on L6 electric sedan
The discount, available this month, lowers the starting price of the IM L6 by 13.64 percent to RMB 189,900 yuan.
Earlier today, Tesla announced an RMB 8,000 insurance subsidy in China for all variants of the Model 3 electric sedan.
Xiaomi aims to sell 10,000 units of SU7 Ultra in 2025
Xiaomi will introduce the SU7 Ultra again when it launches the Xiaomi 15 Ultra phone at the end of this month.
Xiaomi EV is showcasing the SU7 Ultra in 112 stores in 42 cities starting February 5.
Xpeng to achieve L3 autonomous driving in H2 2025, CEO says in internal letter
Xpeng CEO said L3 autonomous driving will drive AI cars into the “iPhone 4 era”.
He mentioned DeepSeek, saying that AI is bringing huge opportunities to all industries.
Toyota to follow Tesla’s step in building wholly-owned plant in Shanghai to produce Lexus EVs
The new plant is scheduled to go into production in 2027, with an initial capacity of around 100,000 units per year.
Toyota is set to become the second foreign automaker after Tesla to have a wholly-owned factory in China.
Xpeng CEO says confident of doubling deliveries in 2025
That means Xpeng is targeting 2025 deliveries of about 380,000 vehicles.
Xpeng is off to a good start in 2025, delivering 30,350 vehicles in January, up 267.88 percent from a year earlier.
Tesla Megafactory in Shanghai to officially start production on Feb 11
Tesla’s Shanghai Megafactory will begin capacity ramp-up in the first quarter.
The factory, which took seven months to complete construction, is Tesla’s first energy storage project outside the US.
Xpeng rolls out 0 down payment, up to 5 years of 0 interest financing in revived price war
Xpeng’s new promotional package allows customers to save up to RMB 57,000 ($7,830).
Xpeng’s deliveries in January surpassed those of local counterpart Li Auto for the first time since September 2022.
Tesla offers insurance subsidy for Model 3 in China, firing 1st shot in renewed price war
Tesla is offering a RMB 8,000 ($1,100) insurance subsidy for the Model 3.
Local EV makers are likely to follow as the market enters the slow season.
BYD sells 300,538 NEVs in Jan, up 49% year-on-year while down 42% from Dec
BYD was affected by seasonal factors like other EV makers.
Performance in overseas markets was a bright spot, with sales of 66,336 units up 16.07 percent from December.
Zeekr delivers 11,942 cars in Jan, down 56% from Dec
Zeekr’s deliveries in January were down 4.75 percent year-on-year and down 56.08 percent from December.
Several other EV makers posted declining deliveries, mainly due to seasonal factors.
Nio delivers 13,863 cars in Jan, down 55% from Dec while up 38% year-on-year
The Nio brand delivered 7,951 units in January and the Onvo brand delivered 5,912 units. Read more…
