In the first quarter, Xpeng delivered 94,008 vehicles, up 330.81 percent year-on-year. Read more…
Category: CnEVPost
Tesla makes 3-year, 0-interest financing available for entire Model Y lineup in China
Tesla has made its three-year, zero-interest financing offer in China also available for the long-range variant of the facelifted Model Y.
The delivery wait time for the long-range Model Y has been shortened from the previous 6-10 weeks to 3-5 weeks.
BYD Fang Cheng Bao starts pre-sales of Tai 3 SUV, targeting larger family car market
The Tai 3 is the first model in Fang Cheng Bao’s all-new Tai series and the brand’s most affordable offering to date.
Unlike the Bao 5 and Bao 8 off-road SUVs, the Tai 3 is aimed at the larger family car market.
Li Auto aims to sell 700,000 cars in 2025, report says
Li Auto’s sales target for this year is 700,000 vehicles, representing an increase of about 40 percent, according to local media.
Its internal sales target for the two new BEV models is 50,000 vehicles, but it has given higher guidance to suppliers.
Chinese eVTOL maker Ehang gets clearance for paid commercial operations
Ehang has received Air Operator Certificates for its EH216-S eVTOL, giving it regulatory green light for paid operations.
Chinese consumers can purchase tickets for commercial flight services at designated operating locations.
Zeekr unveils new charger with charging speed expected to exceed BYD’s 1-MW tech
Zeekr unveiled a charger with a peak power of 1.2 MW, and the technology will make its debut at the Shanghai auto show in April.
Earlier this month, BYD unveiled a supercharger with a peak power of 1 MW, which can add 400 km of range to an EV in 5 minutes.
Xpeng sees 100,000th Mona M03 roll off assembly line
This is about seven months after the Mona M03 was launched, and the model has delivered more than 15,000 units per month for the past three months.
Xpeng will begin delivering the Mona M03 Max variant in May, equipped with its latest autonomous driving technology.
Nio Firefly reveals body color options, launch set for Apr 19
Nio’s sub-brand Firefly said its first model will be available in five body color options and provided English names.
The model will be officially launched on April 19 and is currently on pre-sales for RMB 148,800 ($20,510).
Nio’s William Li touches on topics including share sale, in-house chip in new interview
William Li spoke about the reception of Nio’s share placement and said that the company’s autonomous driving chip and operating system are open to the entire industry.
He also commented on the cooperation with CATL on battery swap and BYD’s 1-MW flash charging technology.
Nio starts deliveries of ET9 flagship sedan
The first owner of the ET9 is Fang Hongbo, chairman of Chinese home appliance giant Midea, whose vehicle was delivered personally by Nio’s William Li.
Li and Fang discussed how Chinese brands can enter the high-end market and break the dominance of foreign brands.
BYD teases new electric sedan e7
BYD has previewed its new e7 model and shared several images of the mid-class pure electric sedan.
The BYD e7 is 4,780 mm long and is powered by a single motor with a peak power of 100 kW.
Mercedes recalls 12,308 EVs in China due to battery fire risk
Some vehicles in the recall have fire risk due to battery reliability and control strategy issues in the battery management system software.
Before the formal recall measures are implemented, Mercedes-Benz recommends that users set the charging limit of the vehicles to no more than 80 percent.
Hina releases sodium-ion battery solution for commercial cars, able to be fully charged in 25 minutes
The energy density of the battery cells used in the solution exceeds 165 Wh/kg, and they can be charged to 100 percent in 20-25 minutes, Hina said.
The battery has stable discharge performance at -40°C to 45°C.
BYD offers discounts on 3 models after launching smart driving updates
BYD is offering discounts on three models, in a move that appears to be aimed at clearing inventory of older models after launching Smart Driving Edition updates.
The price of the non-Smart Driving version of the entry-level Seal 06 DM-i sedan is now priced at RMB 89,800 ($12,360), a reduction of 10 percent.
BYD Yangwang officially launches U7, aiming to gain share in luxury sedan market
The Yangwang U7, priced at RMB 628,000 ($86,430), is BYD’s latest offensive in the luxury car market.
Powerful performance, ride comfort and safety are the main selling points of the Yangwang U7.
Nio sets its new share offering at HK$29.46 per share, 9.49% discount to Thursday’s closing price
Nio announced the pricing of its offering of 136,800,000 additional shares at HK$29.46 per share, for a total offering amount of HK$4.03 billion. Read more…
Avatr begins pre-sales of Avatr 06 sedan, official launch set for Apr
The Avatr 06, which starts at RMB 215,900 ($29,720) in pre-sales, is Avatr’s third model to offer both BEV and EREV variants.
Avatr initially only offered BEV models, but launched its first model with EREV variants in September last year.
Nio plans to issue new shares to raise funds for R&D and strengthen balance sheet
We have been incurring loss since inception. We incurred operating cash outflow for the year ended December 31, 2024 and our current liabilities exceeded current assets as of December 31, 2024.
Based on our going concern and liquidity assessment, which considers our business plan including revenue growth, working capital management and the ability to raise funds from banks under available credit quotas when needed, we believe that our financial resources, including our available cash and cash equivalents, restricted cash and short-term investments, cash generated from operating activities and funds from availa-ble credit quotas will be sufficient to support our continuous operations in the ordinary course of business for the next twelve months. Read more…
BYD Fang Cheng Bao to start pre-sales of Tai 3 SUV on Mar 31, shares more images
Fang Cheng Bao will start pre-sales of the Tai 3 on March 31, as BYD continues to push forward with intensive new product launches.
The Tai 3 will be Fang Cheng Bao’s first pure electric model and the brand’s third model.
Li Auto open-sources its in-house developed car operating system Halo OS
The open-sourcing of Halo OS is expected to help the automotive industry save RMB 10 billion to 20 billion in research and development resources each year, said Li Auto CEO.
Li Auto expects Halo OS to be available in the open-source community starting at the end of April.
