The Mona M03 Max will be available in Xpeng showrooms starting May 21, with an official launch coming at the end of May.
The Max variant will feature Xpeng’s Turing AI assisted driving system.
Category: CnEVPost
Nio starts deliveries of updated ES6, EC6
Nio started deliveries of the updated ES6 and EC6 in China as planned, after launching them last Friday.
Nio will also launch the updated ET5 and ET5 Touring on May 25.
GWM’s Wey brand launches updated hybrid SUV Lanshan with $41,520 starting price
The facelifted Wey Lanshan starts at RMB 299,800 ($41,520), the same as its predecessor.
In January-April, the Wey brand sold 18,136 cars, contributing 5.08 percent of GWM’s sales in the same period.
BYD strikes partnership with car rental firm Car Inc
Car Inc plans to expand its purchases of BYD vehicles in the summer of 2025.
Car Inc put the first BYD vehicles it purchased into service during the Labor Day holiday earlier this month.
Nio signs new deal to add 100 swap stations in northeast China
Nio Power has entered into a partnership with a state-owned company to build 100 battery swap stations in northeast China.
This is the latest example of Nio’s partnership with a state-owned company to build battery swap stations this year.
Xiaomi EV plant phase 2 expected to be completed by mid-Jun, report says
Phase 2 of Xiaomi EV’s factory is expected to be completed next month, as it approaches the launch of its second model, the YU7.
The new factory broke ground last year, and construction of the production halls and office buildings appears to be complete.
China EV insurance registrations for week ending May 18: Nio 4,240, Tesla 11,130, Xiaomi 7,160
Nio Inc, which includes the Nio, Onvo and Firefly brands, had 6,650 insurance registrations in China last week, up 9.74 percent from the previous week.
Tesla’s insurance registrations in China were up 262.54 percent last week from 3,070 units in the previous week.
Li Auto’s Mega Home MPV rolls off assembly line, deliveries to begin on May 23
The Li Mega Home is a special edition of the Li Mega MPV with a starting price of RMB 559,800.
The Li Mega is the first BEV model of Li Auto.
CATL surges over 13% in HK stock market debut
Listing in Hong Kong means wider integration of CATL into the global capital markets, its chairman said.
CATL has a total market capitalization of HK$1.33 trillion.
CATL surges over 13% in HK stock market debut
Listing in Hong Kong means wider integration of CATL into the global capital markets, its chairman said.
CATL has a total market capitalization of HK$1.33 trillion.
BYD Fang Cheng Bao reaches 100,000th unit delivery milestone
The milestone means Fang Cheng Bao has delivered about 8,650 units so far this month.
That’s 18 months after Fang Cheng Bao’s first vehicle was delivered in November 2023.
Leapmotor posts lower year-on-year net loss, record gross margin
Leapmotor reported a net loss of RMB 130 million for the first quarter, a year-on-year decrease of 87.17 percent.
The narrowing of the net loss was mainly due to the improvement in gross margin being higher than the increase in expenses.
Nio showcases models at police equipment expo
Nio showcased the Nio ES6, Onvo L60 and Firefly at a police equipment expo in Beijing last week.
This is the first time Nio has participated in an international police equipment show.
Zeekr starts deliveries of Zeekr 7X SUV in Europe
Zeekr started taking orders for the Zeekr 7X in December 2024 in the Netherlands, Sweden and Norway.
The Zeekr 7X is Zeekr’s second model for the mainstream EV market after the Zeekr 007 sedan.
Xpeng to debut Max variant of Mona M03 sedan on May 20
When Xpeng launched the Mona M03 in August 2024, it announced the starting price of the Max variant at RMB 155,800.
Xpeng previously said that the Mona M03 Max would feature the industry’s best autonomous driving technology.
CATL gains in HK gray market trading ahead of official listing
CATL rose about 8 percent to HK$284 in Hong Kong gray market trading as of press time.
Hong Kong stock gray market trading is generally from 4:15-6:30 pm on the afternoon of the previous business day before the IPO.
Nio App shows 2-4 weeks delivery wait for facelifted ES6, EC6
Thanks to the launch of the facelifted ES6, EC6, ET5, and ET5 Touring, Nio guided May deliveries to be flat month-on-month, according to Deutsche Bank.
Deutsche Bank expects Nio to deliver a record total of 75,000 to 80,000 vehicles in the second quarter.
CATL’s 1st battery base in northern China goes into production
The battery production base is being built in three phases, with the first phase of 60 GWh already in operation.
The second and third phases of the project will go into operation later this year and next year, respectively.
Gotion builds its 1st experimental all-solid-state battery production line with designed capacity of 0.2 GWh
Gotion’s Gemstone all-solid-state battery has been loaded into vehicles and tested on the road.
Several Chinese EV battery makers are aiming to start small-scale production of all-solid-state batteries in 2027.
Changan Thailand plant goes into operation, its 1st overseas EV plant
The Changan Thailand plant has an initial planned capacity of 100,000 units per year and will gradually expand to 200,000 units in the future.
The first vehicle produced at the plant is a right-hand drive version of the Deepal S05.
