China’s NEV retail penetration was 55.15 percent in the September 1-8 period, and 44.92 percent year-to-date. Read more…
Category: CnEVPost
CATL suspends lithium production in Jiangxi, sending lithium producer shares soaring
A rumor — later confirmed — that CATL had suspended lithium production in Jiangxi sent shares of major lithium producers soaring. Read more…
BYD launches M6 electric MPV in Thailand
The BYD M6 has a starting price of around $24,700 in Thailand. The model went on sale in Indonesia in July. Read more…
BYD exec denies 2024 sales target raised to 4 million units
A BYD executive said the company’s sales are doing well at the moment, but he hasn’t heard that the sales target has been revised upward. Read more…
BYD Denza to formally launch Z9GT on Sept 20
Denza started the pre-sales of the Z9GT on August 20, with a price range of RMB 339,800 ($47,770) to RMB 419,800. Read more…
Automakers’ share of China NEV market in Aug: BYD tops with 37.0%, Tesla 3rd with 6.2%
In the January-August period, BYD was No. 1 in the NEV market with a 34.6 percent share, while Tesla was No. 3 with 6.5 percent. Read more…
Baidu-backed Jiyue launches 2nd EV model as sales begin to show momentum
Jiyue has launched the Jiyue 07 electric sedan with a starting price of RMB 209,900 ($29,480). It delivered 2,117 vehicles in August, up 107.75 percent from July. Read more…
Baidu-backed Jiyue to become new member of Nio-led battery swap alliance
Jiyue CEO said the EV maker has entered into a strategic partnership with Nio on battery swap and will soon officially become part of Nio’s battery swap alliance. Read more…
Huawei-backed Aito launches 5-seat variant of M9 to further tap luxury SUV market
Aito has launched a five-seat variant of its flagship SUV, the M9, at a starting price of RMB 469,800 ($66,000), following the success of the six-seat version in the luxury SUV market. Read more…
China EV battery installations in Aug: CATL’s share 44.46%, BYD 24.96%
CATL’s share in August decreased by 2.84 percentage points from July, while BYD increased by 2.14 percentage points. Read more…
EU to lower proposed tariffs on EVs from China, report says
The European Union is set to make small reductions in the proposed additional tariff rates on EVs from China, with Tesla facing a reduction from 9 percent to just under 8 percent, according to Bloomberg. Read more…
BYD raises 2024 sales target to 4 million units
BYD has raised its annual sales target to 4 million units, Morgan Stanley analyst Tim Hsiao said in a research note citing comments from BYD’s management. Read more…
China NEV sales rise to 1.1 million in Aug, 2nd-highest on record, CAAM data show
China’s BEV sales rebounded to 646,000 units in August, up 17.24 percent from July, while PHEV sales rose to a new record high of 453,000 units. Read more…
China EV insurance registrations for week ending Sept 8: Nio 4,500, Tesla 16,200, Xiaomi 3,200, BYD 73,600
Li Auto had 10,700 insurance registrations last week, Xpeng 3,600, Zeekr 4,600, Leapmotor 6,300 and Aito 7,700. Read more…
Xpeng asks suppliers to boost capacity as Mona M03 orders exceed 2,000 units per day
Xpeng is asking suppliers to boost capacity for the Mona M03 to help it improve delivery efficiency, saying in a letter that recent orders for the new model exceeded 2,000 units per day. Read more…
Chery plugs into Nio’s charging network
Nio and Chery have entered into a partnership that opens up Nio Power’s charging network to brands including Chery, Exceed and Jetour. Read more…
CATL in talks to buy PV module supplier DAS Solar, report says
CATL is in talks to buy photovoltaic module supplier DAS Solar, which ranked No. 8 globally in PV module shipments in the first half of this year, according to local media. Read more…
BYD launches 2025 Han sedan with lower prices and upgraded specs
BYD rolled out the 2025 Han sedan, with the hybrid Han DM-i upgraded to the DM 5.0 system and the pure electric Han EV upgraded to the 800 V high-voltage architecture. Read more…
Tesla sells 63,456 cars in China in Aug, highest year to date
Tesla sold 63,456 vehicles in China in August, the highest of the year, up 37.27 percent from July, though down 1.91 percent year-on-year. Read more…
China NEV retail exceeds 1 million mark for 1st time in Aug with strong growth in hybrids
China’s PHEV retail sales hit a record high for the third consecutive month, while BEV retail sales grew again, ending two consecutive months of sequential declines. Read more…
