It was a huge year for profits at Chinese auto behemoth BYD. In 2023, the company sold 1.6 million fully battery-electric vehicles, coming close to Tesla’s projected goal of 1.8 million vehicles. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and plug-in hybrids, BYD sold a whooping 3 million vehicles in 2023. Read more…
HummingbirdEV tech powers Keshi Group electric mining vehicles in China
US-based vehicle electrification system supplier HummingbirdEV has provided 393 electric mining vehicles powered by its EV technologies under a licensing agreement with Keshi Group, a China-based manufacturer of coal mining vehicles and equipment. They are now in operation in Chinese mines. The vehicles have payload capacities of between 16,000 and 30,000 lbs. They include HummingbirdEV’s… Read more…
Xiaomi presents new electric saloon SU7
Smartphone manufacturer Xiaomi has unveiled its first electric car and is aiming for the electric saloon segment on the Chinese market with its new model. In terms of design, the Xiaomi SU7 is reminiscent of a Porsche. Read more…
Schaeffler receives a major EIB loan
The European Investment Bank (EIB) has granted Schaeffler AG a development loan totalling 420 million euros. These funds have a term of up to ten years and are intended for research and development in selected areas with a focus on sustainable technologies in the EU. Read more…
US introduces new battery ruling for EV subsidies
The USA has introduced a new subsidy requirement for batteries, now causing many electric vehicles to lose eligibility for the available tax credit of up to $7,500. The list of eligible electric and hybrid vehicles was reduced from 43 to 19. Read more…
First sodium-ion battery EVs go into serial production in China
The first electric cars with sodium-ion batteries have gone into production in China. The two small electric car models are being manufactured by Yiwei and JMEV. Read more…
Cupra kicks off production of the all-electric Tavascan in China
Volkswagen started production of the second electric model from its Cupra brand in China. The Cupra Tavascan, based on the Group’s MEB platform, is now being built in Anhui and will be exported to European markets. Read more…
Xiaomi EV to build hybrid sales network, signs up 14 sales partners
Xiaomi EV’s retail will include a directly-managed system and leverage external forces in pursuit of ultimate business efficiency and user experience, an executive said. Read more…
XPeng expands XNGP smart driving across 243 cities, aiming for Tesla-like autonomy
XPeng has significantly broadened the coverage of its XNGP (Navigation Guided Pilot) assisted driving feature, which aims to rival Tesla’s forever-delayed FSD (Full Self-Driving). The expansion, encompassing 191 additional cities, brings the total support to 243 cities. XNGP, XPeng’s Advanced Driver Assistance System (ADAS), initially focused on highways and was aptly named Highway NGP. However, the company has now expanded… Read more…
Nio unveils new flagship model ET9
The Nio ET9 is a luxury saloon, around 5.33 metres long and based on a 900-volt platform. It can already be pre-ordered in China for prices starting at 800,000 yuan (around 102,000 euros). Deliveries will begin in the first quarter of 2025. Read more…
BYD to reward dealers with $280 million for reaching 3 million annual sales target, report says
For dealer stores that meet their sales targets, BYD will give them a reward of RMB 666 for every vehicle they have sold, according to local media. Read more…
Factbox: Detailed pricing for Li Auto models in 2024
Li Auto’s three current models are all EREVs with a starting price range of RMB 319,800 to RMB 459,800. Read more…
Factbox: Detailed prices for Xpeng models in 2024
Xpeng’s models are aimed mainly at the price range of RMB 200,000 to RMB 300,000, which is one of the most crowded segments at the moment. Read more…
Factbox: Detailed prices of Nio models in 2024
CnEVPost has recorded detailed price information for each Nio model available in January 2024 in this article. Read more…
Xpeng expands coverage of Tesla FSD-like XNGP to 243 cities
As of today, XNGP’s smart driving capabilities cover 90 percent of the cities where owners of Max version Xpeng vehicles are located. Read more…
You Can Now Buy A Tesla Model 3 Performance For Less Than The Long Range AWD Version
The Tesla Model 3 Performance is a bargain compared to its lesser version. Read more…
You Can Now Buy A Tesla Model 3 Performance For Less Than Long Range AWD Version
The Tesla Model 3 Performance is a bargain compared to its lesser version. Read more…
Dürr expands range for battery manufacturers and enters dry coating market
German mechanical and plant engineering firm Dürr Group has expanded its range of production technology for battery electrodes. Following its acquisition of French mechanical engineering company Ingecal, Dürr can now supply calendaring systems for coating lithium-ion battery electrode foils. Dürr has also partnered with US-based LiCAP Technologies, which provides engineering in activated dry electrode technology…. Read more…
Here Are All The EVs And Hybrids That Qualify For A Tax Credit In 2024
In: Tesla, Rivian and the Ford F-150 Lighting. Out: almost everything else. Read more…
Tesla is sneakily testing Fremont-built refreshed Model 3 vehicles
The launch of the Tesla Model 3 refresh in North America might finally be close as we learn that the automaker is sneakily testing Fremont-built Model 3 HIghland in the US. Read more…
