China’s NEV retail penetration stood at 47.44 percent in July 1-7, and 41.95 percent year-to-date. Read more…
Category: CnEVPost
JP Morgan expects BYD to reach 6 million global deliveries by 2026
BYD’s global deliveries could reach 6 million units by 2026, including about 1.5 million units in overseas markets, JPMorgan said. Read more…
China EV battery installations in Jun: CATL’s share 45.06%, BYD 25.32%
CATL’s share increased by 1.19 percentage points in June compared to May, while BYD decreased by 3.65 percentage points. Read more…
China NEV sales back above 1 million in Jun, CAAM data show
China sold 612,000 BEVs and a record 436,000 PHEVs in June. Read more…
BYD teases hybrid SUV Song L DM-i in video
The Song L DM-i is expected to be powered by the same DM 5.0 hybrid system as the Qin L DM-i hybrid sedan, resulting in lower fuel consumption and longer range. Read more…
Zeekr names ‘CX1e’ family SUV 7X, launch to be within this year
The Zeekr 7X is a 5-seat SUV, Zeekr’s second model aimed at the mainstream EV market. Read more…
Nio Onvo L60’s standard range variant to carry 60.6-kWh battery pack
The standard range variant of the Nio Onvo L60 will carry a 60.6-kWh battery pack with a CLTC range of 501 to 555 kilometers, according to a new regulatory document. Read more…
Xpeng names ‘F57’ sedan P7+, releases 1st official images
The Xpeng P7+ will be over 5 meters long and will be the first Xpeng model to use a pure vision smart driving solution similar to Tesla’s. Read more…
Nio, Xpeng’s in-house developed smart driving chips closer to being put to use, report says
Nio’s Shenji NX9031 has taped out and is currently in testing, while Xpeng’s smart driving chip is already in the process of being taped out. Read more…
Automakers’ share of China NEV market in Jun: BYD tops with 32.7%, Tesla 3rd with 6.9%
In the first half of 2024, BYD was No. 1 in China’s NEV market with a 33.8 percent share, while Tesla was No. 3 with a 6.8 percent share. Read more…
China EV insurance registrations for week ending Jul 7: Nio 5,300, Tesla 6,500, BYD 58,800, Xiaomi 3,700
Xpeng was at 1,800 units, Zeekr 3,800, Aito 7,900. Read more…
SAIC-GM-Wuling launches Binguo EV in Thailand, prices start at $11,510
The Binguo EV is now available in four variants in China with a starting price of RMB 56,800 ($7,810). Read more…
China battery prices face downward pressure as lithium prices continue to fall, says TrendForce
TrendForce expects battery cell prices to continue to face downward pressure at the beginning of the third quarter, with hopes for price stabilization resting on restocking demand under the peak season at the end of the third quarter. Read more…
Xiaomi EV’s 3rd model to be EREV, set to hit market in 2026, report says
Xiaomi will use a new business model for its third model, replacing automotive-grade parts that aren’t safety-related with consumer-grade hardware, according to local media. Read more…
BYD to build $1 billion EV plant in Turkey, production to start by end of 2026
BYD’s Turkish plant has a planned annual capacity of 150,000 vehicles, and the signing was witnessed by the Turkish president. Read more…
Exclusive: Xpeng’s new model due in Q4 to ditch LiDAR and move to Tesla-like pure vision solution
Xpeng’s new model, internally codenamed F57, will not be using any LiDAR and move to a pure vision solution similar to Tesla’s FSD, a source familiar with the matter told CnEVPost. Read more…
BYD to invest $890 million in phase 3 of new industrial park
The industrial park, which is adjacent to the Xiaomo Port, has already put into production the first phase of components and the second phase of vehicles. Read more…
BYD to invest $6.5 billion in phase 3 of new industrial park
The industrial park, which is adjacent to the Xiaomo Port, has already put into production the first phase of components and the second phase of vehicles. Read more…
China’s NEV ownership reaches 24.72 million by end of Jun
As of the end of June 2024, China’s BEV ownership amounted to 18.134 million vehicles, accounting for 73.35 percent of the total NEVs. Read more…
China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%
Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May. Read more…
