As of press time, BYD was down 11.15 percent, Nio 11.30 percent, Xpeng 11.40 percent and Li Auto 10.82 percent.
Trump announced worse-than-expected reciprocal tariffs, and China swiftly responded.
Category: CnEVPost
BYD to officially launch 5-minute charging Han L sedan, Tang L SUV on Apr 9
The Han L and Tang L support a 10C charging multiplier that enables charging as fast as refueling a gasoline vehicle.
The pre-sales starting price is RMB 270,000 ($37,080) for the Han L EV and RMB 280,000 for the Tang L EV.
China NEV retail at 988,000 in Mar, up 44% from Feb, preliminary CPCA data show
China’s retail penetration of NEVs was 52.3 percent in March and 47.67 percent year-to-date.
Wholesale sales of Chinese passenger NEVs were 1.13 million units in March, up 40 percent year-on-year and up 36 percent from February.
BYD plans to double its sales network in South Korea to 30 this year
BYD will increase its sales network in South Korea from 15 to 30 by the end of this year.
BYD introduced its Seal midsize sedan at a South Korean auto show.
Xpeng inks distributor deal to enter Bahrain
Xpeng will launch the G6 SUV, G9 SUV, and X9 MPV in Bahrain in the second half of this year.
It plans to complete full coverage of the six Gulf countries of the UAE, Qatar, Saudi Arabia, Kuwait, Oman, and Bahrain in 2025.
BYD to overtake Tesla as global BEV leader for 1st time in 2025, says Counterpoint
Counterpoint highlighted BYD’s tech leadership, vertically integrated production model, and the fact that Tesla is facing multiple challenges.
BYD’s passenger BEV sales have outpaced Tesla’s for two consecutive quarters.
BYD Xi’an, BYD’s newest car carrier, launched
BYD Xi’an, BYD’s sixth car carrier, was officially launched on April 2.
BYD Shenzhen, which can carry 9,200 cars, will soon make its maiden voyage.
Onvo L90 completes winter testing as debut nears
A video and some pictures show more details of the L90 — the second model of Nio’s sub-brand Onvo.
The Onvo L90 will make its debut at the Shanghai auto show later this month, targeting large families.
China Mar NEV wholesale at 1.14 million, up 37% from Feb, CPCA estimates show
In February, China’s passenger NEV wholesale sales were estimated at 1.14 million units, up 37 percent year-on-year and up 37 percent from February.
In the first quarter, China’s passenger NEV wholesale sales were estimated at 2.86 million units, up 43 percent year-on-year.
Tesla posts weaker-than-expected Q1 global deliveries of 336,681 units
Tesla reported first-quarter global deliveries of 336,681 units, missing Wall Street analysts’ expectations of 390,343 units and down 13 percent from a year earlier. Read more…
Tesla China sells 78,828 cars in Mar, up 156.87% from Feb
Tesla China’s March sales were down 11.49 percent from 89,064 in the same month last year.
In the first quarter, Tesla China sold 172,754 vehicles, a 21.79 percent decrease year-on-year and a 28.29 percent decrease from the fourth quarter.
BYD Mar sales breakdown: Song 96,087 units, Qin 58,383
Song, Qin and Seal are the top three BYD lineups in terms of sales in March.
Outside the BYD brand, Denza sold 9,326 units in March, Fang Cheng Bao 8,051 units and Yangwang 133 units.
CATL, oil giant Sinopec to jointly build over 500 swap stations this year, with long-term goal of 10,000
CATL and Sinopec have entered into a partnership to jointly build no less than 500 battery swap stations this year, with a long-term goal of expanding to 10,000.
The two companies will work together to build energy replenishment networks for passenger cars and heavy-duty trucks.
Li Auto sees deliveries of L-series EREVs cross 1 million
Cumulative deliveries of the Li L7 exceeded 290,000 units, the most for Li Auto’s L-series.
Li Auto will increase its bet on the BEV segment by launching 2 i-series all-electric SUVs this year.
Shen Fei confirms he begins Onvo president role
Shen joined Nio in 2015 and is one of the company’s earliest core management members.
Both the L60 and the soon-to-be-unveiled L90 are some of the most desirable cars of this era, Shen said.
Alan Ai steps down as Onvo president
Shen Fei, Head of Nio Power, succeeds Ai as president of Onvo and reports to Nio co-founder and president, Qin Lihong. Read more…
Zeekr Group delivers 40,715 cars in Mar, up 30.18% from Feb
The deliveries included 15,422 vehicles under the Zeekr brand and 25,293 vehicles under Lynk & Co.
In the first quarter, Zeekr Group delivered 114,011 vehicles.
Nio delivers 15,039 cars in Mar, up 14% from Feb
The monthly deliveries included 10,219 vehicles for the Nio main brand and 4,820 vehicles for the Onvo sub-brand.
Nio Inc delivered 42,094 vehicles in the first quarter, within the guidance range of 41,000 to 43,000 vehicles. Read more…
BYD sells 377,420 NEVs in Mar, overseas sales hit new high
BYD sold a record 72,723 vehicles overseas in March, an increase of 89.22 percent year-on-year and up 8.50 percent month-on-month. Read more…
Li Auto delivers 36,674 cars in Mar, up 39.64% from Feb
In the first quarter, Li Auto delivered 92,864 vehicles, near the upper end of its previous guidance of 88,000 to 93,000 units.
Li Auto’s L series is expected to achieve the milestone of delivering its 1 millionth vehicle soon.
