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…
Category: CnEVPost
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…
Tesla sells 59,261 cars in China in Jun, up 7% from May
Tesla sold 59,261 vehicles in China in June, down 20.15 percent year-on-year but up 7.33 percent from May. Read more…
Li Auto sees Li L7 deliveries exceed 200,000 units
The Li L7 was a model that was almost canceled during development, Li Auto CEO mentioned last year. Read more…
Xpeng’s head of auto tech center departs
The head of Xpeng’s automotive technology center, Jiao Qingchun, was the project leader for Xpeng’s new H platform, of which the X9 MPV is the first model. Read more…
Nio, Belgian chemicals maker Syensqo set up joint lab for new materials
Syensqo said it and Nio will work together to advance the application and development of more advanced materials for NEVs. Read more…
Nio’s CFO change won’t disrupt current operations, says Morgan Stanley
A C-level change is rarely positive news, but Nio’s recent solid operation should help ease market concerns, thus preventing any panic knee-jerk reaction, Morgan Stanley said. Read more…
Zeekr releases camouflage photos of ‘CX1e’ SUV that will target family market
Codenamed CX1e, the model will be Zeekr’s first family SUV, and will be Zeekr’s second after the Zeekr 007 to target the mainstream EV market. Read more…
BYD launches 2025 Dolphin with same prices and longer range
The 2025 BYD Dolphin continues to be offered in four variants at the same prices, but brings longer range to the entry and top-trim variants. Read more…
BYD acquires 20% stake in Thai dealer Rever Automotive
BYD said its partnership with Rever will expand from passenger cars to segments including commercial vehicles in the future. Read more…
