The new Nio ES8 is equipped with a 102-kWh battery pack, offering a CLTC range of 635 kilometers.
The new ES8 could offer a longer range without increasing the starting price, thereby enhancing its appeal.
Category: CnEVPost
China’s robotaxi market to reach $44.5 billion by 2035, says TrendForce
TrendForce predicts that China’s robotaxi market will reach $44.5 billion by 2035, about 900 times its current size.
China’s robotaxi industry is booming, driven by a well-established supply chain system that will rapidly reduce hardware costs.
Huawei-backed Aito to launch M8 BEV variants in Aug, set to heat up electric SUV race
The Aito M8 BEV will be available in five-seat and six-seat versions, with a standard 100-kWh battery pack from CATL and a CLTC range of up to 705 km.
Li Auto will launch the Li i8 on July 29, while Nio’s sub-brand Onvo will launch the L90 by the end of this month.
China EV insurance registrations for week ending Jul 13: Nio 2,410, Tesla 12,270, Xiaomi 6,680
Nio Inc, including the Nio, Onvo, and Firefly brands, saw 4,100 insurance registrations in China last week, down 19.77 percent from 5,110 the previous week.
Tesla saw a 144.91 percent increase in insurance registrations in China last week compared to the previous week’s 5,010.
BMW, Momenta team up to develop China-specific smart driving system
The smart driving solution developed by BMW and Momenta will be used in multiple BMW models, including domestically produced next-generation cars.
Momenta is one of the key smart driving solution suppliers in the Chinese market, alongside Huawei.
Li Auto shares interior photos of Li i8, official launch set for Jul 29
Li Auto will begin accepting pre-orders for the Li i8 on July 17, with the launch event scheduled for July 29.
The Li i8 will be Li Auto’s first all-electric SUV, featuring a design that deviates from the conventional boxy SUV shape.
Xpeng’s flying car unit completes $250 million Series B financing
Xpeng Aeroht has completed a $250 million Series B financing round to accelerate the mass production of its Land Aircraft Carrier modular flying car.
Xpeng Aeroht announced on August 5, 2024, that it had secured $150 million in Series B1 funding and launched its Series B2 funding round.
China NEV ownership reaches 36.89 million with BEV share declining slightly
BEVs accounted for 69.23 percent of the total NEV ownership by the end of June, down slightly from 70.34 percent at the end of 2024.
NEVs accounted for 10.27 percent of China’s total vehicle ownership, up from 8.9 percent at the end of 2024.
BYD, CATL partner with BHP to electrify mining operations
BYD and CATL have each signed MOUs with BHP to advance the mining giant’s decarbonization efforts.
BHP aims to achieve net-zero operational greenhouse gas emissions by 2050.
Nio shares surge in Hong Kong after Onvo L90 pre-sales spark optimism
As of press time, Nio surged more than 10 percent in Hong Kong, extending its winning streak to the sixth trading day.
Analysts believe the L90’s pricing is competitive and will drive Onvo’s sales growth.
Huawei-SAIC joint brand Shangjie releases official images of first model, to feature Huawei ADS 4 system
Shangjie has released the first official images of its debut model, the H5, which will be equipped with Huawei’s latest ADS 4 driver assistance system.
Shangjie is expected to launch the H5 in the fall.
Huawei-BAIC joint brand Stelato teases new S9T wagon
Stelato has begun previewing the S9T wagon, the second model under the new brand.
Huawei’s Richard Yu said last week that the Stelato wagon will be released this fall.
Nio’s battery asset operator Mirattery inks strategic deal with CATL involving equity investment
Mirattery said that the strategic partnership covers equity investment, battery rental service operations and user services, and the joint construction of battery swap networks.
In March, a local media outlet reported that CATL would increase its investment in Mirattery.
Leapmotor launches updated C11 SUV with starting price of $20,900
Leapmotor continues to offer BEV and EREV options for the updated C11, with the BEV variants offering a CLTC range of 640 km.
The C11 was initially launched on September 29, 2021, with total deliveries reaching 256,785 units.
Huawei-SAIC joint brand Shangjie teases first model as fall launch nears
Shangjie’s first Weibo post revealed that its first model will be an SUV.
The model is set to be launched in the fall and will have impressive smart driving capabilities, according to Huawei’s Richard Yu.
China EV battery installations in Jun: CATL share at 43.67%, BYD 21.47%
CATL’s market share increased by 0.8 percentage points in June compared to May, while BYD’s share decreased by 1.02 percentage points.
In June, China’s power battery installation volume reached 58.2 GWh, up 35.9 percent year-on-year and up 1.9 percent from May.
China NEV sales continue to hit new high for this year in Jun with BEVs maintaining strong growth
In June, China’s NEV sales totaled 1,329,000 units, up 26.7 percent year-on-year, according to CAAM data.
BEV sales reached 859,000 units, up 40.4 percent year-on-year.
Onvo begins pre-sales of L90 SUV at competitive price as Nio and Li Auto set for direct face-off
The Onvo L90 has a pre-sales starting price of RMB 279,900 ($39,000), including an 85-kWh battery pack.
The Onvo L90 will be officially launched at the end of this month, with deliveries beginning on August 1. Li Auto will launch its first pure electric SUV on July 29.
Li Auto to launch Li i8 on Jul 29, aiming to redefine pure electric SUV
The Li i8 will be officially launched on July 29, and the model will redefine pure electric SUV, said Li Auto founder Li Xiang.
Li explained why the Li i8 looks like an MPV.
Li Auto Jun deliveries breakdown: Li L6 16,471, Li L7 8,273
The most affordable Li L6 accounted for 45.40 percent of Li Auto’s June deliveries.
The Li Mega delivered 2,304 units in June, marking the MPV model’s second-highest monthly delivery volume.
