The Maextro S800, a model designed on the L3 autonomous driving architecture, will be launched at the Shenzhen auto show at the end of May.
The model is expected to be priced between RMB 1 million ($138,000) and RMB 1.5 million.
Category: CnEVPost
JPMorgan raises 2026 sales forecast for BYD to 6.5 million from 6 million units
JPMorgan believes that BYD will probably become the “Toyota” of the global EV market.
The bank’s analysts expect BYD’s sales in 2025 to grow about 30 percent from 2024 to 5.5 million units.
Nio exec named 1st chair of new working group to promote China-EU auto cooperation
The China Chamber of Commerce to the EU has set up an automotive working group, and Nio’s vice president for Europe, Zhang Hui, has been appointed as the group’s first chairman.
Companies in the automotive supply chain have been calling for such a group since the EU launched an anti-subsidy probe into Chinese EVs.
Regulatory filing: Huawei-backed Aito files for M9 SUV
Aito has filed for one BEV variant and two EREV variants for the M9, all of which are powered by CATL batteries.
The Aito M9 got more than 200,000 orders after 11 months on the market and delivered 12,483 units in January.
BYD Fang Cheng Bao to launch new variants for Bao 5 on Feb 21, expected to feature Huawei smart driving software
Fang Cheng Bao will launch Smart Driving editions of the Bao 5, which are expected to use Huawei’s Qiankun ADS 3.0 software after the Bao 8.
The Bao 5 entered a regulatory catalog yesterday that shows it will come with LiDAR.
Nio denies after layoff rumor runs rampant
Nio called the rumor ridiculously untrue and has reported it to the police.
Nio said it is offering a number of high-quality jobs and welcomes new members.
Regulatory filing: Xiaomi adds 2-seat option for SU7 Ultra
Xiaomi has filed for configuration changes for the SU7 Ultra, with the number of seats changing to either 5 or 2 from the previous 5.
Xiaomi previously said the SU7 Ultra would be released at the end of February.
Regulatory filing: Xiaomi files for new dual-motor variant for YU7 SUV
Both motors of the new Xiaomi YU7 dual-motor variant have a smaller peak power than the other dual-motor variant that has been filed earlier.
Xiaomi previously said that the launch of the YU7 was expected to be in June or July.
Regulatory filing: Nio files slight exterior changes for ES6, EC6, ET5, ET5 Touring
Nio has filed for exterior changes for the ES6, EC6, ET5, and ET5 Touring, showing slightly tweaked designs.
William Li previously said there would be facelifts for the ET5, ET5 Touring, ES6, and EC6, which will use horizontal center screens.
China NEV retail at 263,000 in Feb 1-16, down 17% from same period last month
China’s NEV retail sales improved last week, significantly narrowing the month-to-date decline.
NEV sales started to rebound as the impact of the Chinese New Year holiday faded.
Voyah adds new variants to Dream MPV with Huawei smart driving software
Voyah has added four variants to the Dream MPV that come standard with Huawei’s Qiankun ADS 3.0 smart driving software and the HarmonyOS cockpit system.
These new variants lower the barrier to purchase for the Dream MPV with Huawei’s Qiankun ADS 3.0 by RMB 70,000.
Huawei, GAC plan to launch 1st jointly-built model in 2026, report says
The GH project is seen as a new collaboration approach within Huawei’s automotive business unit, according to local media.
The new brand’s first product is slated to be a luxury smart NEV in the RMB 300,000 class, GAC said last month.
Chinese NEVs 3-5 years ahead of rest of world, says BYD chairman
BYD’s Wang Chuanfu said Chinese NEVs are about 3-5 years ahead of the rest of the globe and called for a more open world.
BYD’s 110,000 engineers are its biggest asset, said Wang.
BYD Denza launches 2025 N7 SUV with upgraded smart driving system
The Denza N7 gets more streamlined version options, standard with the God’s Eye B smart driving system.
The SUV is a Tesla Model Y competitor, but has performed lukewarmly since its 2023 launch.
Li Auto realigns management as CEO shifts focus to AI, report says
Li Auto president Ma Donghui took on the role of head of smart car strategy, thus freeing up CEO Li Xiang to focus on AI, according to local media.
Li previously said Li Auto’s vision was to become a leading global AI company by 2030.
Tesla officially begins production of facelifted Model Y at Shanghai plant
China EV insurance registrations by brand for week ending Feb 16: Nio 1,900, Tesla 7,500, Xiaomi 6,900, BYD 46,800
Xpeng was at 8,100 units, Li Auto 7,500, Zeekr 3,600, Leapmotor 5,200 and Aito 3,000.
Major EV makers saw increased insurance registrations last week, albeit still at a low level.
Geely, Renault partner to produce low-emission cars in Brazil
Geely Holding will invest in Renault Brazil as a minority shareholder, gaining access to localized production, sales and service resources in Brazil.
Renault’s two production facilities in Brazil will be used to produce these new models for Geely Holding and Renault.
Facelifted Tesla Model Y sees expected delivery date in China moved up to later this month from Mar
The facelifted Model Y has entered a catalog in China with a reduced purchase tax, completing the full regulatory process.
The Model Y is facing more competition, with one potentially strong rival being the Xiaomi YU7.
Eve Energy plant in Malaysia sees 1st battery unit roll off line
The Malaysian plant is Eve Energy’s first overseas factory, and 53rd globally.
The plant has an annual production capacity of 680 million cylindrical batteries, mainly for power tools and electric two-wheelers.