Li Auto reported a net loss of RMB 624 million ($87.7 million) in the third quarter, marking its first return to a loss since the fourth quarter 2022. Read more…
Category: CnEVPost
This Chinese analyst team doesn’t believe Nio can break even in Q4
Analysts at CMB International believe Nio won’t be able to break even in the fourth quarter, citing the difficulty in controlling sales and administrative expenses.
The team expects Nio to report a net loss of RMB 1.6 billion ($226 million) in the fourth quarter, with a non-GAAP net loss of RMB 700 million.
CATL breaks ground on battery plant in Spain
About 2,000 Chinese workers will participate in the factory’s construction, with production expected to start by late 2026, according to Reuters.
The plant is projected to have a total investment of 4.04 billion euros ($4.68 billion), marking CATL’s third facility in Europe.
Huawei-backed Maextro to launch multiple new models in 2026 for intensified push in luxury car market
Maextro will launch SUV and MPV models next year, each available in both standard and long wheelbase versions, according to a local media report.
The Maextro SUV will target the premium market segment but will be positioned below the S800 sedan.
Nio Q3 2025 earnings call: Live updates
Nio will launch two new models in the second quarter of 2026 and one new model in the third quarter. Read more…
Nio partners with Thonburi to bring Onvo and Firefly brands to Thailand
Thonburi owns an automotive assembly plant company, one of Southeast Asia’s renowned Mercedes-Benz assembly facilities.
Firefly’s president said days ago that the brand will enter the UK and Thailand markets in 2026.
Nio reports 31% reduction in Q3 net loss as R&D expenses decline
Nio’s net loss for the third quarter decreased by 31.2 percent year-on-year, as R&D expenses fell by 28 percent and SG&A expenses were brought in check. Read more…
Pony AI aims to triple robotaxi fleet to over 3,000 cars in 2026
Pony AI said its seventh-generation robotaxi has achieved city-wide unit economics breakeven in Guangzhou.
Pony AI’s vehicles in Guangzhou now average 23 daily orders per vehicle.
Pony AI aims to triple robotaxi fleet to over 3,000 cars in 2026
Pony AI said its seventh-generation robotaxi has achieved city-wide unit economics breakeven in Guangzhou.
Pony AI’s vehicles in Guangzhou now average 23 daily orders per vehicle.
Leapmotor enters South America, launches 2 models each in Brazil and Chile
Leapmotor launched the C10 and B10 SUVs in Brazil and Chile, and showed the C16 SUV at the São Paulo auto show.
Leapmotor will next expand operations into markets including Argentina, Colombia, and Ecuador.
BYD’s Oct registrations in Europe jump 206.8%, while Tesla slips 48.5%
BYD’s new vehicle registrations in Europe reached 17,470 units in October, while Tesla’s dropped to 6,964 units.
From January to October, BYD’s new vehicle registrations in Europe totaled 138,390 units, compared to Tesla’s 180,688 units.
CATL and partners unveil right-hand-drive taxi supporting battery swap in Hong Kong
The FAW Hongqi E-QM5 is the world’s first right-hand drive new energy taxi supporting battery swap.
CATL’s first battery swap station in Hong Kong is set to start operations soon, with the company planning to expand to six stations by the end of 2026.
Pony AI partners with ride-hailing firm Bolt to launch robotaxi service in Europe
Pony AI has partnered with Estonian ride-hailing company Bolt to integrate autonomous vehicles into the latter’s European taxi services.
The two companies will first test and validate the safety of fully autonomous driving capabilities before deploying them across European countries.
Pony AI partners with ride-hailing firm Bolt to launch robotaxi service in Europe
Pony AI has partnered with Estonian ride-hailing company Bolt to integrate autonomous vehicles into the latter’s European taxi services.
The two companies will first test and validate the safety of fully autonomous driving capabilities before deploying them across European countries.
Nio marks 11th anniversary with cumulative deliveries nearing 1 million units
Nio will release its third-quarter 2025 earnings later today, having delivered a record 87,071 vehicles during the quarter.
Nio Inc’s one-millionth mass-produced vehicle is set to roll off the production line soon.
Huawei-backed Aito plans to launch new SUV model M6 in Q2 2026
The Aito M6 is expected to target the RMB 250,000 ($35,180) segment family SUV market, according to a local media report.
Aito will launch a facelifted M9 next year and introduce a longer-wheelbase M9L variant.
Xpeng asks suppliers to increase materials for X9 EREV as orders strong, report says
Xpeng has sent a memo to its suppliers requesting materials for an additional 5,000 X9 EREVs by year-end, according to a local media report.
The move aims to address robust order demand following the X9 EREV’s launch and ensure uninterrupted delivery schedules, a supply chain source said.
IM Motors launches LS6 SUV in New Zealand
The right-hand-drive LS6 has been rebranded as the IM6 in New Zealand, with deliveries set to begin in December.
The model starts at NZ$66,900 ($37,490) in New Zealand.
Changan takes over Hyundai’s China plant to produce Deepal-branded cars
Changan has taken over Beijing Hyundai’s Chongqing plant, which has now been converted into Deepal production lines.
Changan’s 2025 sales target is three million units, and its production capacity is already tight.
BYD leads global BEV market with 15.4% share in Q3, followed by Tesla at 13.4%
BYD retained its position as the top BEV seller in the third quarter with a 15.4 percent global share, though sales declined compared to the second quarter.
In the global PHEV market, BYD maintained its leading position with a 27.9 percent market share.
