Launched in 2018, the Ora brand has largely stayed quiet in China’s fiercely competitive EV market over the past two years.
The Ora 5 is the brand’s first electric SUV, designed to spearhead its revival.
Category: CnEVPost
BYD launches new variants for Qin Plus sedan, cuts prices on existing trims
BYD has launched new variants for the second-generation Qin Plus and reduced prices on several existing trims to enhance the sedan’s appeal.
The Qin Plus now starts at RMB 69,800 after discounts.
Xpeng announces entry into 5 European countries, pressing ahead with global expansion
Xpeng announced its official entry into Switzerland, Austria, Hungary, Slovenia, and Croatia, marking an upgrade to its European layout.
In the first eight months of this year, Xpeng delivered over 24,702 vehicles in overseas markets, a year-on-year increase of more than 137 percent.
Huawei-GAC joint brand Qijing appoints CEO, 1st model completes summer testing
Qijing has appointed an industry veteran with over 25 years of automotive experience as CEO, responsible for strategy, product planning, and market expansion.
Qijing’s first model has completed summer testing in Xinjiang, passing rigorous challenges in extreme high temperatures.
Xiaomi EV deliveries speed up as production capacity increases
Xiaomi EV is planning to dynamically optimize vehicle delivery cycles, significantly shortening the time from order placement to delivery.
Expected delivery dates for some models are expected to be advanced by up to 6 weeks, and up to 2 months for others.
Mercedes begins pre-sales of electric CLA in China, priced from $36,340 with range up to 866 km
The electric CLA utilizes an 800-volt high-voltage electrical platform, and is one of the longest-range EV models in the Chinese market.
Its cabin and smart driving systems incorporate locally developed solutions to better align with local needs.
Xpeng sees 10,000th next-gen P7 electric sedan roll off line
This comes about one month after the next-generation P7 was launched on August 27.
Priced starting at RMB 219,800 ($30,860), the new P7 features significant updates compared to its predecessor.
Xiaomi EV, Leapmotor to launch EREVs with huge 80-kWh battery packs, report says
CATL is set to launch its new 8-series high-nickel batteries next year, which will be used in EREV models from leading EV startups.
This year, some EREV models have already begun incorporating CATL Freevoy batteries with capacities exceeding 60 kWh.
Mercedes, Momenta tie up to develop driver-assist system for China
The driver-assist system jointly developed by Mercedes and Momenta will debut in the all-new locally produced, all-electric CLA model to be launched this fall. Read more…
Leapmotor hits 1-million-car production milestone
Leapmotor aims to sell up to 650,000 vehicles this year and 1 million units next year.
From January to August, Leapmotor delivered 328,859 vehicles, marking a 136.43 percent year-on-year increase.
Chery goes public in biggest auto IPO in Hong Kong this year
Chery’s IPO pricing was set at the upper end of its offering range, raising HK$9.14 billion ($1.18 billion).
At the opening of Hong Kong stocks on Thursday, Chery rose 11.22% to HK$34.2, with a market capitalization of HK$197.2 billion.
China NEV retail at 697,000 in Sept 1-21, up 10% year-on-year
In the September 1-21 period, China’s total passenger vehicle retail sales amounted to 1.191 million units, up 1 percent from the same period last year.
NEV retail penetration in China stood at 58.5 percent from September 1 to 21, and 51.8 percent year-to-date.
China NEV retail at 697,000 in Sept 1-21, up 10% year-on-year
In the September 1-21 period, China’s total passenger vehicle retail sales amounted to 1.191 million units, up 1 percent from the same period last year.
NEV retail penetration in China stood at 58.5 percent from September 1 to 21, and 51.8 percent year-to-date.
Xpeng raises $100 million through ABS issuance
Xpeng has completed RMB 710 million ($100 million) ABS issuance to supplement working capital and support the development of its leasing business.
The AAA-rated senior tranche carries a coupon rate as low as 2.28 percent.
Xpeng raises $100 million through ABS issuance
Xpeng has completed RMB 710 million ($100 million) ABS issuance to supplement working capital and support the development of its leasing business.
The AAA-rated senior tranche carries a coupon rate as low as 2.28 percent.
Local media reporter visited Nio’s F3 factory, here’s what was found
Sources at the facility said that Nio is working around the clock to ramp up production capacity for the all-new ES8.
The F3 factory currently lacks a formal front gate, and the project department responsible for constructing the facility has not yet withdrawn from the site.
Huawei-backed Aito adds 4-seat variants to M9 SUV, starting at $78,670
The Aito M9, one of the highest-priced models from a Chinese automaker, now offers 4-, 5-, and 6-seat configurations.
The model offers both BEV and EREV options to appeal to a broader potential customer base.
China Sept EV deliveries preview: Deutsche Bank expects Nio at 35,000 units, Tesla 72,000, Xiaomi 42,000
Nio, Xiaomi EV, Xpeng, and Leapmotor are all poised to hit new highs, while Li Auto is set to continue its year-on-year decline.
September deliveries for Nio, Onvo, and Firefly are projected at about 15,000, 15,000, and 5,000 units respectively.
Huawei-backed Aito launches updated M7 SUV, gets over 10,000 orders in 5 minutes
The updated M7 starts at RMB 279,800 ($39,350) and offers both BEV and EREV options.
Pre-orders for the model exceeded 230,000 units since pre-sales began on September 5.
Huawei-SAIC joint brand Shangjie launches 1st model H5, starting at $22,470
The Shangjie H5 becomes the most affordable model under Huawei’s HIMA business, featuring Huawei’s intelligent cockpit and smart driving systems.
The vehicle has garnered over 160,000 pre-orders in the past month.
