Xiaomi delivered a record 81,302 cars in the second quarter and is currently struggling to meet delivery demand in China.
Xiaomi’s efforts to enter the European EV market are currently in the research and preparation phase.
Category: CnEVPost
Xiaomi plans entry into European EV market in 2027
Xiaomi delivered a record 81,302 cars in the second quarter and is currently struggling to meet delivery demand in China.
Xiaomi’s efforts to enter the European EV market are currently in the research and preparation phase.
Huawei-SAIC joint brand Shangjie to begin pre-sales first model on Aug 25, releases official interior images
Shangjie H5 will be officially launched in September, and is expected to be the lowest-priced model under Huawei’s HIMA business.
The model will offer BEV and EREV variants, with a starting price expected to be below $25,000.
Xiaomi’s EV business delivers $2.87 billion in revenue in Q2, up 232% year-on-year
The gross margin for innovative businesses, including EV and AI, was 26.4 percent in the second quarter, higher than 23.2 percent in the first quarter.
In the second quarter, Xiaomi delivered a record 81,302 vehicles, an increase of 7.16 percent from the first quarter.
Huawei-backed Stelato S9T wagon gets over 20,000 pre-orders in 24 hours
Stelato began accepting pre-orders for the S9T on August 18, with a pre-sales price of RMB 328,000 ($45,670).
Within the first hour of pre-sales, the S9T received over 10,000 pre-orders.
Xpeng Q2 2025 earnings call: Live updates
Xpeng’s new generation P7 sedan will be launched next week. Read more…
Zeekr launches 7X SUV in Thailand
The Zeekr 7X is the third model launched by Zeekr in Thailand, following the Zeekr 009 MPV and the Zeekr X compact SUV.
The Zeekr 7X is the best-selling model of the Zeekr brand, accounting for 40.77 percent of its deliveries in July.
BYD Fang Cheng Bao shares interior of Tai 7 SUV as Q4 launch nears
The Tai 7’s interior design adopts a softer overall style, targeting the family car market, differing from the harder-edged style of the Bao 8.
Fang Cheng Bao sold 14,180 vehicles in July, a year-on-year increase of 669.82 percent.
Xpeng reports record quarterly revenue, net loss narrows to 5-year low
Xpeng reported a net loss of RMB 480 million in the second quarter, marking a new low since the third quarter of 2020.
Xpeng achieved a record-high gross margin of 17.3 percent in the second quarter, compared to 14.0 percent in the same period of 2024 and 15.6 percent in the first quarter.
Tesla brings back turn signal stalk for Model 3 in China
Tesla has reintroduced the turn signal stalk as standard on the Model 3 sedan in China and is offering it as a paid option for vehicles already delivered.
Tesla removed the turn signal stalk from the Model 3 in September 2023, replacing it with buttons on the steering wheel.
China EV insurance registrations for week ending Aug 17: Nio Inc 7,190, Tesla 14,000, Xiaomi 7,170
Onvo’s insurance registrations for last week were 3,790, the second-highest on record, up 16.98 percent from the previous week’s 3,240.
Tesla’s insurance registration volume in China last week increased by 4.48 percent from the previous week’s 13,400 units.
BREAKING: Nio cuts prices of all 100-kWh long-range models by $2,780
Nio has reduced the cost of its optional 100-kWh long-range battery pack by RMB 20,000 ($2,780), resulting in price cuts for all long-range versions of its current models. Read more…
BREAKING: Nio cuts prices of all 100-kWh long-range models by $2,780
Nio has reduced the cost of its optional 100-kWh long-range battery pack by RMB 20,000 ($2,780), resulting in price cuts for all long-range versions of its current models. Read more…
Huawei to launch new models under Luxeed and Aito brands on Aug 25
The updated S7 sedan and R7 coupe SUV from Luxeed, as well as the BEV variant of Aito M8, will be launched at the event.
Except for the updated M7, pre-sales for the other models have already begun.
BREAKING: Tesla launches Model Y L in China starting at $47,180
BREAKING: Tesla launches Model Y L in China starting at $47,180
AUDI begins pre-sales of E5 Sportback in China, priced from $32,850
The E5 Sportback is built on an 800-volt high-voltage architecture and can accelerate from 0 to 100 km/h in as little as 3.4 seconds.
It offers a range of up to 770 kilometers and uses Momenta’s driver assistance solution.
Leapmotor turns profitable in H1, raises 2025 sales target
Leapmotor became the second Chinese NEV maker after Li Auto to achieve profitability on a half-year basis.
Leapmotor has raised its full-year sales target for 2025 to 580,000 to 650,000 units and aims to achieve annual sales of 1 million units in 2026.
Leapmotor turns profitable in H1, raises 2025 sales target
Leapmotor became the second Chinese NEV maker after Li Auto to achieve profitability on a half-year basis.
Leapmotor has raised its full-year sales target for 2025 to 580,000 to 650,000 units and aims to achieve annual sales of 1 million units in 2026.
Xpeng secures $1.4 billion credit line from China CITIC Bank
China CITIC Bank will grant Xpeng a credit facility of RMB 1 billion ($1.4 billion) to support the company’s business operations and development.
Xpeng delivered 18,701 vehicles overseas in the first half of this year, a year-on-year increase of 217 percent.
