There have been frequent cases of LFP producers receiving large orders, and some of the big players are raising prices.
Rising demand and product technology iterations are the two main reasons for the recent price hikes, analysts said.
Category: CnEVPost
Analysts expect Nio’s battery swap business to break even by end of 2026
As Nio’s car sales rise, the number of battery swap services is expected to grow rapidly, analysts said.
They expect Nio to see a big improvement in the bottom line in 2025.
Nio completes its 1st swap station in MENA region
Nio has built its first battery swap station in the MENA region and the facility is expected to be operational on Thursday.
Last November, Nio House Abu Dhabi opened, Nio’s first flagship showroom in the MENA region.
Hongqi launches Tiangong 05 all-electric sedan starting at $22,020
The Tiangong 05 sedan is available with 62 kWh and 85 kWh battery pack options and a CLTC range of up to 750 km.
This is the second BEV Hongqi has launched this year based on its Tiangong modular platform.
China NEV retail at 445,000 in Feb 1-23, down 16% from same period last month
China’s retail sales of all passenger cars from February 1-23 were 924,000 units, 30 percent lower than the same period last month.
Cumulative retail sales of passenger NEVs in China so far this year were 1.189 million units, up 29 percent from a year earlier.
Tesla uses videos from internet to train FSD for China, says Elon Musk
Tesla used videos of Chinese roads and signs publicly available on the internet to train FSD.
FSD-like smart driving features started to become available in China, sparking widespread discussion on social media.
Lynk & Co presents 08 hybrid SUV in Europe, starting at $55,630 in select markets
The Lynk & Co 08 will be launched in Europe in June, offering 200 km of WLTP battery range.
The Lynk & Co 08 is Lynk & Co’s third model in Europe, following the Lynk & Co 01 and Lynk & Co 02.
Xiaomi CEO says ‘90% sure’ SU7 Ultra will hit 10,000-unit sales target this year
The SU7 Ultra will be launched on February 27 and is currently available for pre-order at about four times the regular SU7’s price.
Xiaomi’s intention with the SU7 Ultra was to create a new luxury vehicle that belongs to this era, said its CEO.
Nio Onvo shares new image of L90 in direct comparison to Li Auto’s flagship SUV
Onvo today shared a new image about the L90, continuing to benchmark the model against Li Auto.
The move signals Onvo’s more aggressive approach to the stiff competition to come.
Tesla begins facelifted Model Y deliveries in China amid stiffer competition
Tesla has begun deliveries of its revamped Model Y in China, hinting that the model isn’t afraid of competition from local rivals.
Recent buzzed-about models, including the Xiaomi YU7, Li i8, facelifted Xpeng G6, and Onvo L90, are all potential rivals for the Model Y.
Li Auto releases new images of Li i8, showing how it compares to Tesla Model X
The Li i8 is longer and taller than the Model X, hinting at more interior space.
Li Auto shares continued to rise in Hong Kong today, up 4.6 percent at press time, bringing the year-to-date gain to 32 percent.
Xpeng to unveil facelifted G6 SUV on Feb 28
On the 2025 G6, 34 percent of the tier 1 assembly parts have been replaced and 81 experiences have been upgraded, said Xpeng CEO.
The G6’s regulatory filing makes no mention of LiDAR, signaling that the model could also drop its use of LiDAR.
HK-listed LiDAR maker RoboSense to issue up to 22 million new shares
RoboSense expects to receive up to HK$1 billion from the new share placement, with 70 percent of the money going to R&D, mainly in the field of robotics.
The placement price is HK$46.15 per share, a discount of about 8.43 percent to RoboSense’s closing price in Hong Kong on February 25.
BYD to launch Atto 2 compact SUV in France, starting at $30,440
The compact SUV was presented on Tuesday at the La Défense Arena in Paris.
The Atto 2 will start at 28,990 euros ($30,440) in France.
Voyah kicks off research on its 3rd-gen solid state battery tech
Voyah’s third-generation solid-state battery will maintain an energy density of 300 Wh/kg, but with an increased charging multiplier of 3 to 5 C.
The solid-state battery has zero electrolyte content and can operate over an extremely wide temperature range.
BYD shares more images of Qin L EV electric sedan
The new images show exterior details of the Qin L EV electric sedan from different angles.
Its rear logo hints at a God’s Eye C intelligent driving system.
Tesla to start deliveries of facelifted Model Y in China on Feb 26
Tesla began production of the facelifted Model Y on February 18 at its Shanghai factory.
The Model Y is one of the best-selling models, with 480,309 units delivered in China in 2024, contributing 73.10 percent of Tesla’s deliveries in China.
Tesla starts rolling out FSD-like features in China
Tesla has begun rolling out FSD-like smart driving features in China, though avoids mentioning FSD.
The latest software update will allow vehicles to follow navigation routes off ramps and intersections, and drive at intersections in accordance with traffic signals.
Li Auto had planned to reveal Li i8 on Feb 27, moved date up because of Xiaomi, says CEO
Li Auto decided to adjust the announcement date of the Li i8 after learning that the launch of the Xiaomi SU7 Ultra is scheduled for February 27.
Li Auto CEO said the decision was made to thank Xiaomi’s Lei Jun for helping the company in the past, as well as to avoid public misunderstanding.
China EV insurance registrations for week ending Feb 23: Nio 2,500, Onvo 1,400, Tesla 7,000, Xiaomi 6,400, BYD 59,100
Xpeng was at 8,800 units, Li Auto 7,700, Zeekr 3,500, Leapmotor 5,500 and Aito 3,900.
Major EV makers saw an increase in insurance registrations last week as the recovery continues.
