BYD launched the Atto 3, Seal, Sealion 7, and Seal U DM-i in Cyprus.
BYD’s BEV registrations in Europe surpassed Tesla’s for the first time in April.
Category: CnEVPost
China EV insurance registrations for week ending Jun 1: Nio 3,000, Tesla 13,000, Xiaomi 7,800
Nio Inc, including the Nio, Onvo, and Firefly brands, saw 5,400 insurance registrations in China last week, a decrease of 17.30 percent from the previous week.
Tesla saw an increase of 18.18 percent in insurance registrations in China last week compared to the previous week’s 11,000 units.
Tesla equipping Shanghai Megafactory with ‘giant power bank’
Tesla is equipping its Shanghai Megafactory with a distributed photovoltaic power generation and energy storage system project.
The project will feature a 6-MW photovoltaic power generation system and an 8-MWh energy storage system.
Xpeng hints at adopting Huawei’s in-car display solution in rare tie-up
Xpeng hinted that one of its new models will adopt Huawei’s HUD (head-up display) solution.
This marks a rare collaboration between the two companies, which have had previous friction.
Nio in talks with potential buyer to sell stake in key asset, report says
Nio is in talks with potential buyers to sell a stake in a key asset, according to Chinese tech media outlet LatePost.
Two months ago, reports emerged that CATL was in talks to acquire a controlling stake in Nio Power.
Nio Q1 2025 earnings call: Live updates
The Nio brand has the chance to hit 25,000 monthly sales in the fourth quarter, said William Li. Read more…
Nio Q1 2025 earnings call: Live updates
The Nio brand has the chance to hit 25,000 monthly sales in the fourth quarter, said William Li. Read more…
Nio reports 30% year-on-year increase in Q1 net loss as expenses rise
Nio reported a net loss of RMB 6.75 billion in the first quarter, an increase of 30.19 percent year-on-year, though by 5.08 percent compared to the fourth quarter of 2024.
Nio experienced an operating cash outflow in the first quarter, with current liabilities exceeding current assets.
Nio reports 30% year-on-year increase in Q1 net loss as expenses rise
Nio reported a net loss of RMB 6.75 billion in the first quarter, an increase of 30.19 percent year-on-year, though by 5.08 percent compared to the fourth quarter of 2024.
Nio experienced an operating cash outflow in the first quarter, with current liabilities exceeding current assets.
Xiaomi founder says YU7 pricing to be finalized 1-2 days before launch, auto chip to be released soon
The starting price of the YU7 will not be just RMB 20,000 higher than the SU7 electric sedan, Lei Jun said.
Xiaomi’s automotive chip is currently under development and is expected to be released soon.
Xiaomi’s EV business expected to turn profitable in H2 2025, founder says
Xiaomi EV is poised to become the fastest to achieve profitability among China’s new automotive brands.
In the first quarter, Xiaomi’s innovative businesses, including EV and AI, reported an operating loss of RMB 500 million.
Nio announces plans to enter 7 new European markets
In 2025 and 2026, Nio will launch its cars in Austria, Belgium, the Czech Republic, Hungary, Luxembourg, Poland, and Romania.
Currently, some vehicles under the Nio main brand are available in Norway, Germany, the Netherlands, Sweden, and Denmark.
Zeekr to launch Zeekr 7X SUV in Hong Kong later this month
The Zeekr 7X is set to officially launch in the Hong Kong market in late June, aiming to become the new benchmark for family vehicles in the city.
The SUV has already begun deliveries in Europe in May.
New report sheds light on how Nio cuts costs
In its May model updates, Nio’s new strategy avoided additional costs from material waste, according to a local media report.
Nio will release its unaudited first-quarter 2025 financial results later today, with management holding a conference call afterward.
New report sheds light on how Nio cuts costs
In its May model updates, Nio’s new strategy avoided additional costs from material waste, according to a local media report.
Nio will release its unaudited first-quarter 2025 financial results later today, with management holding a conference call afterward.
Geely Galaxy releases first official images of A7 hybrid sedan
The Geely Galaxy A7 has a fuel consumption of just 2 liters per 100 kilometers when running on low battery power, and a combined range of up to 2,100 km.
Geely Galaxy sold 101,845 vehicles in May, a year-on-year increase of 273 percent.
Geely Galaxy releases first official images of A7 hybrid sedan
The Geely Galaxy A7 has a fuel consumption of just 2 liters per 100 kilometers when running on low battery power, and a combined range of up to 2,100 km.
Geely Galaxy sold 101,845 vehicles in May, a year-on-year increase of 273 percent.
Maextro S800 luxury sedan secures over 2,600 orders in 72 hours
The Maextro S800, jointly developed by Huawei and JAC, was launched on May 30 with a starting price of RMB 708,000 ($98,360).
Vehicles under the Huawei HIMA umbrella delivered a record 44,454 units in May.
Li Auto expects steady monthly deliveries of Li Mega MPV to reach up to 3,000 units
Li Auto expects steady monthly deliveries of the Li Mega to reach 2,500-3,000 units, doubling the MPV’s previous performance.
Li Mega Home began deliveries in late May, with order volume significantly exceeding initial plans, said Li Auto.
BYD May sales breakdown: Song 74,949 units, Seagull 60,131
The Song family, Seagull, and Qin family were the top three BYD lineups in terms of sales in May.
Denza sold 15,806 units in May, Fang Cheng Bao sold 12,592 units, and Yangwang sold 139 units.
