A car carrier departing from China and carrying EVs was abandoned after catching fire in the middle of the Pacific Ocean on Tuesday.
Smoke was initially seen rising from a deck loaded with EVs.
Category: CnEVPost
Xpeng to debut Huawei’s in-car display solution on G7 SUV
Xpeng said the solution it developed with Huawei offers the industry’s most powerful HUD hardware and software capabilities.
Xpeng previewed the G7 in January, targeting the SUV market priced at RMB 250,000 ($34,810).
CATL partners with Maersk to promote electrification in global logistics industry
CATL and Maersk subsidiary APM Terminals will accelerate the electrification of container handling equipment with high-performance batteries.
APM Terminals said that this collaboration is a key milestone in accelerating its decarbonization transition.
Tesla resumes referral rewards in China as sales face pressure
Tesla is offering Chinese customers who purchase its cars through referral program a discount of RMB 8,000 ($1,110) on optional body paint in June.
Tesla China’s sales in May, including exports, saw a year-on-year decline for the eighth consecutive month.
CPCA estimates China’s May NEV wholesale to grow 38% year-on-year to 1.24 million
In May, China’s passenger NEV wholesale sales are estimated to have reached 1.24 million units, up 38 percent year-on-year and 9 percent month-on-month.
In the first five months of the year, China’s NEV wholesale sales are estimated to have reached 5.22 million units, up 41 percent year-on-year.
Tesla China sells 61,662 cars in May, down 15% year-on-year
This marks Tesla China’s eighth consecutive month of year-on-year sales decline.
In the first five months of the year, Tesla China sold 292,875 vehicles, down 17.64 percent year-on-year.
Nio, Tesla cars listed in China’s rural EV promotion campaign
BYD expands into Cyprus, launching 4 models
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.
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.
