Seyond is Nio’s sole LiDAR supplier, with 91.6 percent of its 2024 revenue derived from the EV maker.
Seyond will become the third Chinese LiDAR maker to list in Hong Kong, joining RoboSense and Hesai.
Category: CnEVPost
Xiaomi SU7 delivery wait time reduction reflects capacity expansion efforts, Goldman Sachs says
A potential new SU7 facelift release is finally arriving in the next couple of months, Goldman Sachs said.
Goldman Sachs anticipated that Xiaomi’s production capacity expansion plans will see further official progress in the coming months.
China mulls limiting cars’ default performance as EV crashes frequently occur
China plans to require passenger vehicles to default to a state where acceleration from 0 to 100 km/h takes less than five seconds upon each startup.
This aims to require drivers to consciously engage in specific actions when using high-acceleration modes, thereby enhancing their driving preparedness.
IM Motors launches LS9 large extended-range SUV with up to 402-km battery range
IM Motors offers two variants of the LS9 starting at RMB 322,800 ($45,360), with deliveries set to begin later this month.
The vehicle has a peak power output of up to 390 kW (523 horsepower) and can accelerate from 0 to 100 km/h in 4.9 seconds.
GWM’s Ora sub-brand begins pre-sales of Ora 5 SUV, starting at $15,430
The Ora 5 is Ora’s first electric SUV model, with a pre-sales starting price of RMB 109,800.
The Ora 5 is one of Ora’s major models launched after years of relative quiet in the EV market.
Leapmotor to launch Ultra version of Lafa 5 in Q2 2026
The Ultra version of Lafa 5 will deliver a more advanced driving experience at a higher price point.
The Lafa 5’s pre-sales starting price is RMB 105,800 ($14,860), with its official launch set for November 28.
China NEV retail at 265,000 in Nov 1-9, down 5% year-on-year
From November 1-9, China’s total passenger vehicle retail sales came in at 415,000 units, down 19 percent year-on-year.
The retail penetration rate of NEVs in China was 64 percent from November 1 to 9, and 52.9 percent year-to-date.
Nio to report Q3 2025 earnings on Nov 25
In the third quarter, Nio delivered a record 87,071 vehicles, within its guidance range of 87,000 to 91,000 units.
Nio previously guided third-quarter revenue of between RMB 21.81 billion ($3.05 billion) and RMB 22.88 billion.
2025 Guangzhou auto show to begin on Nov 21, 93 new models set to debut
Domestic automakers including Nio, Xpeng, Xiaomi EV, and Li Auto, alongside international brands such as BMW, Mercedes-Benz, and Audi, will participate.
The total number of vehicles on display will be 1,085, with NEVs accounting for 629 units, or 58 percent.
Tesla Shanghai plant sees 5 millionth battery pack roll off line
Giga Shanghai saw its 5-millionth battery pack roll off the line, marking a milestone for Tesla’s largest global production facility.
Tesla independently develops its own battery cell chemistry and designs its battery pack structure, the company said on Weibo.
CATL has started mass production of its 5th-gen LFP batteries
CATL’s fifth-generation LFP batteries have achieved new breakthroughs in energy density and cycle life, according to its chairman Robin Zeng.
Currently, over 20 million NEVs worldwide are equipped with CATL batteries.
CATL has started mass production of its 5th-gen LFP batteries
CATL’s fifth-generation LFP batteries have achieved new breakthroughs in energy density and cycle life, according to its chairman Robin Zeng.
Currently, over 20 million NEVs worldwide are equipped with CATL batteries.
China Oct EV battery installations: CATL holds 43.00% share, BYD 21.29%
CATL’s market share in October increased by 0.19 percentage points compared to September, while BYD’s share grew by 0.22 percentage points.
Most smaller players experienced declines in market share.
China Oct EV battery installations: CATL holds 43.00% share, BYD 21.29%
CATL’s market share in October increased by 0.19 percentage points compared to September, while BYD’s share grew by 0.22 percentage points.
Most smaller players experienced declines in market share.
New 821-km Model Y reportedly reignites Chinese consumer interest in Tesla
The new 821-km Model Y variant secured orders equivalent to three weeks of production capacity at Tesla’s Shanghai factory on its launch day, according to a local media report.
The launch of the new Model Y variant comes amid a significant decline in Tesla’s sales in China.
Automakers’ share of China NEV market in Oct: BYD leads with 23.1%, Tesla drops out of top 10
Tesla’s share of China’s NEV market in October stood at 2.03 percent, dropping out of the top 10 for the first time since August 2022.
BYD’s October share was lower than September’s 26.7 percent and also below the 36.1 percent recorded in the same month last year.
CATL, GAC ink 10-year deal to advance battery swap business
CATL and GAC will deepen long-term cooperation in battery rental and joint station construction to fully advance CATL’s Choco-Swap ecosystem.
Two days ago, GAC Aion launched the Aion UT Super compact hatchback, built on CATL’s Choco-SEB battery swap technology.
Nio’s swap stations in Sweden approved to join local grid frequency regulation
This marks another overseas market where Nio’s battery swap stations have achieved similar progress following Denmark.
These stations can function as energy storage facilities, helping balance electricity demand during peak periods.
Xiaomi SU7 sedan sees sudden significant drop in delivery wait times
Delivery wait times for the SU7 Pro and SU7 Max have been reduced to 6-9 weeks, significantly lower than the previous estimate of about 30 weeks.
Earlier today, rumors circulated on Chinese social media suggesting that the Xiaomi SU7 is poised for a facelift, with prices potentially increasing.
BYD aims for up to 1.6 million overseas sales in 2026, Citi says
BYD’s overseas sales target for 2026 is 1.5-1.6 million vehicles, with growth primarily driven by new model launches, Citi said.
Europe, North America, and ASEAN are each expected to account for one-third of BYD’s total overseas sales in 2025.
