Deutsche Bank also expects Tesla to sell 45,000 units at retail in China in July, Li Auto at 48,000 units and Zeekr at 15,000 units. Read more…
Category: CnEVPost
Lexus seeks to build wholly-owned plant in China, starting with production of UX hybrid and 1 BEV, report says
The models will be sold in China and also to overseas markets such as Japan, according to local media. Read more…
GAC Aion launches updated Aion V SUV to target global markets
The updated Aion V is GAC Aion’s first model to be built in both its China and Thailand factories, and GAC Aion said the model will be available in a battery swap-enabled variant in the future. Read more…
Tesla expects FSD approval in China by year-end
Tesla is likely to get regulatory approval to launch FSD in markets such as Europe and China by the end of this year, Elon Musk said. Read more…
Xiaomi to launch production version of SU7 Ultra in H1 2025
The production version of the Xiaomi SU7 Ultra will go on sale in the first half of next year, and will use the same chassis structure, triple motors and battery pack as the prototype. Read more…
Chinese autonomous driving startup Pony.ai could make US IPO as soon as Sept, report says
Pony.ai is expected to make an IPO in the US as soon as September, and has already received investment interest from some institutional investors, according to local media. Read more…
BYD to launch 2 new Song family models with DM 5.0 hybrid system on Jul 25
BYD will launch the 2025 Song Plus DM-i and Song L DM-i on July 25, and they will be the first BYD SUVs to be equipped with the latest DM 5.0 hybrid system. Read more…
BYD, French auto parts maker Forvia open seat plant in Thailand
The Thai seat plant is the first overseas factory built jointly by BYD and Forvia, which together have set up seven plants in China. Read more…
China EV insurance registrations for week ending Jul 21: Nio 4,600, Tesla 10,500, Xiaomi 1,500, BYD 66,700
Li Auto had 10,900 insurance registrations last week, Xpeng 1,900 and Zeekr 3,000. Read more…
Nio unveils new mission and vision to cope with changing market environment
The upgrade establishes a basic framework for addressing market competition, multi-brand operations, and globalization, William Li said. Read more…
Tesla further extends 5-year 0-interest loan incentive in China to Aug 31
Tesla began offering a 0-interest loan incentive in China in April, valid through June 30. It extended the offer on July 1 until July 31. Read more…
BYD hires ex-Baidu exec to speed up driver assistance tech development, report says
A former Baidu smart driving tech veteran has joined BYD to head up end-to-end large model algorithm development, according to local media. Read more…
Xpeng begins recruiting global beta testers for latest software
Xpeng has begun recruiting beta testers for its latest AI-powered Tianji XOS 5.2 for car owners worldwide, expanding its software testing program beyond China for the first time. Read more…
Leapmotor says C16 orders exceed 10,000 in 1st month on market
Leapmotor launched the C16, a six-seat SUV, on June 28, offering both BEV and EREV variants. Read more…
Berkshire further cuts its stake in BYD to less than 5%
Under Hong Kong Stock Exchange rules, when an organization’s shareholding in a Hong Kong-listed company drops to less than 5 percent, it can no longer continue to disclose its holdings. Read more…
EU holds hearing on additional tariffs at SAIC’s request
SAIC said in the hearing that the European Commission’s anti-subsidy investigation involves commercially sensitive information and that there were errors in the determination of subsidies. Read more…
Nio confirms 2nd-gen Nio Phone to be launched on Jul 27 tech day
The new Nio Phone will see smoothness and performance improvements, as well as incorporate the utilization of AI large models, said Nio’s vice president for hardware. Read more…
Zeekr launches Zeekr 001 and Zeekr X in Mexico
Geely Auto and Zeekr signed an agreement earlier this year to help fast-track Zeekr vehicles into the Mexican market. Read more…
BYD launches M6 electric MPV in Indonesia
The M6 is the first MPV model launched by BYD in the Indonesian market and the first all-electric MPV in the local market. Read more…
Nio to hold Nio IN 2024 tech day event on Jul 27 in Shanghai
Nio said it will officially launch SkyOS, its new vehicle operating system. The company is also expected to launched the second-generation Nio Phone. Read more…
