
The Aion i60 BEV starts at RMB 119,800 ($16,820), while the EREV variant starts at RMB 126,800. Read more…
Category: CnEVPost
GAC Aion begins pre-sales of i60, offering EREV variant

The Aion i60 BEV starts at RMB 119,800 ($16,820), while the EREV variant starts at RMB 126,800. Read more…
Defunct WM Motor may unveil new model later this month, report says

The defunct WM Motor may hold a launch event for new models later this month, according to a local media report.
WM Motor today hinted it will soon announce new developments regarding its restart.
Chery has exported over 1 million cars this year

From January to October, Chery Group exported 1.06 million vehicles, rising 12.9 percent year-on-year.
During the January-October period, Chery sold 171,147 vehicles in the EU and UK markets, a 240 percent increase year-on-year.
Geely Galaxy to use closed SAIC-GM plant to ease capacity crunch, report says

Geely Galaxy will revamp a closed SAIC-GM plant to alleviate capacity constraints, a local media outlet reported.
Geely will also utilize idle capacity at Lotus’s Wuhan plant to produce new Geely Galaxy models through production line modifications.
Goldman Sachs raises Nio price target on improved model competitiveness and sales

Goldman Sachs’ previous price target for Nio had already been significantly below the current stock price.
Goldman Sachs believes Nio will replicate this year’s product strategy to drive further sales growth.
Geely signs deal to take 26.4% stake in Renault Brazil

As a minority shareholder, Geely can now leverage Renault Brazil’s resources to accelerate its expansion in the region.
Renault will utilize Geely’s GEA new energy platform to expand its zero-emission and low-emission vehicle lineup for the Brazilian market.
Nio’s battery asset operator Mirattery closes $94.2 million Series C financing

Beyond additional investment from founding shareholders, Mirattery has brought in two state-owned enterprises as shareholders.
To date, Mirattery’s battery assets under management have exceeded 30 GWh, serving over 400,000 users.
Zeekr to launch updated Zeekr X compact SUV on Nov 5

Since late September, Zeekr has launched the 9X hybrid SUV and updated the Zeekr 001 shooting brake and Zeekr 7X SUV.
The Zeekr X is a compact SUV designed by Zeekr for urban mobility.
Xpeng’s Aridge produces its 1st flying car at its mass production facility

Aridge has produced the first flying body of its Land Aircraft Carrier modular flying car at its Guangzhou factory, marking the completion of its mass production line.
The facility has an initial annual capacity of 5,000 units, expanding to 10,000 units at full production.
Xpeng to debut X9 EREV on Nov 6

Xpeng will unveil the extended-range X9 MPV on November 6, with a technology event starting at 7:00 pm Beijing time that evening.
The X9 EREV marks Xpeng’s first extended-range model, boasting a combined range of 1,602 kilometers.
Xpeng to debut X9 EREV on Nov 6

Xpeng will unveil the extended-range X9 MPV on November 6, with a technology event starting at 7:00 pm Beijing time that evening.
The X9 EREV marks Xpeng’s first extended-range model, boasting a combined range of 1,602 kilometers.
Seres raises $1.8 billion in Hong Kong offering, trading to start Nov 5

Seres priced its Hong Kong stock offering at HK$131.50 per share, the upper end of its range.
Seres — owner of the Aito brand developed in partnership with Huawei — reported a net income of RMB 2.37 billion in the third quarter.
BYD Oct sales breakdown: Qin 71,248 units, Seal 58,046

The BYD Qin family models sold 71,248 units in October, remaining BYD’s best-selling lineup.
The Seal family sold 58,046 units, surpassing the Sealion to become BYD’s second-highest selling lineup.
GWM sells 143,078 cars in Oct, 2nd highest on record

GWM’s overseas sales reached 57,158 units in October, marking the third consecutive month of record highs and accounting for 39.95 percent of total monthly sales.
From January to October, GWM sold 1,066,436 vehicles, representing a 9.87 percent year-on-year increase.
Geely sells record 307,133 cars in Oct as Geely Galaxy doubles

From January to October, Geely Galaxy sold 1,002,461 vehicles, achieving its annual sales target of one million units ahead of schedule.
Geely sold 2,477,322 vehicles from January to October, marking a 44.33 percent year-on-year increase.
BYD sells 441,706 cars in Oct, highest this year despite drop year-on-year

This marks the second consecutive month of year-on-year decline in BYD’s monthly sales. Read more…
Voyah delivers record 17,218 cars in Oct

Voyah has delivered 114,210 vehicles year-to-date, marking an 82.14 percent year-on-year increase. Read more…
BAIC EV unit sees Oct sales double as Arcfox surges

The Arcfox brand sold 23,387 vehicles in October, marking a 110 percent year-on-year increase.
Stelato, the new brand jointly developed by Huawei and BAIC, sold 6,700 vehicles in October.
Nio hits 300,000th ES6 SUV production milestone

The 300,000th ES6 delivery is expected to be achieved later this month.
The ES6 has been Nio’s best-selling model for several years, though its position has been overtaken by the ET5 Touring in recent months.

