China's wholesale sales of passenger NEVs were estimated at 1.14 million units in February, up 37 percent year-on-year and up 37 percent from February.| CnEVPost
The Model Y L is larger than the 5-seat Model Y and is expected to be priced at around RMB 400,000 ($55,710).| CnEVPost
Tesla's market share in China's NEV market in June was higher than its 3.8 percent in May, but lower than the 6.9 percent in the same period last year.| CnEVPost
The P7+ starts at RMB 186,800 ($26,100), 11 percent below the pre-sale price. It received more than 10,000 firm orders in the first 12 minutes.| CnEVPost
Xpeng announced shortly after the launch event that the Mona M03 saw firm orders exceed 10,000 units in 52 minutes.| CnEVPost
Xiaomi has begun its first deliveries of the YU7 in 58 cities across China, with its founder personally handing over vehicles to some owners.| CnEVPost
Leapmotor continues to offer BEV and EREV variants of the C11, with the BEV variant built on an 800-volt high-voltage platform and offering a CLTC range of 640 km.| CnEVPost
Xiaomi EV's phase 2 plant is hiring massively to prepare for mass production.| CnEVPost
The Leapmotor B01 measures 4,770 mm in length, between the Xpeng Mona M03 and Tesla Model 3, and offers a CLTC range of up to 650 km.| CnEVPost
The Xiaomi YU7 secured over 200,000 firm orders in the first 3 minutes, marking another rare case in China's EV market.| CnEVPost
Tesla's first-quarter global deliveries came in at 336,681 units, missing Wall Street analysts' expectations of 390,343 units and down 12.96 percent from a year earlier.| CnEVPost
BYD's BEV market share is set to surge in 2024, the year it is expected to overtake Tesla in BEV sales. This shift underscores the dynamic nature of the global EV market, said Counterpoint.| CnEVPost
This means that 7,153 P7+ cars have been delivered so far this month.| CnEVPost
Counterpoint highlighted BYD's tech leadership, vertically integrated production model, and the fact that Tesla is facing multiple challenges.| CnEVPost