Leapmotor expands into Hong Kong, opens first local store - CnEVPost
Market development in Hong Kong and Macau will be handled by Leapmotor's marketing team in the Chinese mainland.| CnEVPost
Market development in Hong Kong and Macau will be handled by Leapmotor's marketing team in the Chinese mainland.| CnEVPost
The updated T03 is offered in two variants with a starting price of RMB 59,900 ($8,270).| CnEVPost
Nio's head of AI platform, head of world model, and head of smart driving products have recently left the company, according to a local media report.| CnEVPost
The milestone means that Leapmotor has delivered 26,794 vehicles so far this month.| CnEVPost
A subsidiary of Xiaomi has secured a new land plot for RMB 635 million ($88.39 million), which is expected to be used for the third phase of its EV factory.| CnEVPost
The Xiaomi YU7 SUV will be launched in July, and surpasses the Tesla Model Y in multiple fronts.| CnEVPost
Tesla's China website listed the facelifted Model Y and has begun offering two variants it calls the “Launch Series,” with deliveries expected to begin in March.| CnEVPost
The first model from Xpeng's Mona sub-brand will be unveiled in June and will go on sale and start deliveries in the third quarter.| CnEVPost
Nio's third factory will officially start production in September, and some production lines will operate on a double shift basis as needed.| CnEVPost
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.| CnEVPost
BYD's car sales target for 2025 is 5.5 million units, including more than 800,000 in overseas markets, according to local media.| CnEVPost
The Aito M8 is set to be launched in April and the updated M9 will hit the market later this month.| CnEVPost
SAIC and Huawei have signed an agreement to collaborate in areas including product definition, manufacturing, supply chain management, and sales and services.| CnEVPost
The new brand will target a younger demographic and the vehicles could start at around RMB 170,000 to RMB 250,000, according to local media.| CnEVPost
Under market competition pressure, some automakers have resorted to using "zero-mileage used cars" as a tool to create a false sense of prosperity in order to embellish their sales data.| CnEVPost
CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.| CnEVPost
This is the second such partnership Nio has struck in the past few days as it continues to push forward with the construction of battery swap stations.| CnEVPost
Nio has teamed up with Future Science City Group in Beijing to jointly build 100 battery swap stations.| CnEVPost
As of today, Nio has 2,589 battery swap stations in China and 92 in Hubei province.| CnEVPost
Nio Power will build a new battery swap station manufacturing facility in Wuhan, targeting an annual capacity of more than 1,000 battery swap stations.| CnEVPost
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
Xpeng Aeroht has completed a $250 million Series B financing round to accelerate the mass production of its Land Aircraft Carrier modular flying car.| CnEVPost
All models of the new brand built by Huawei and SAIC will be sold in HIMA's channels, according to local media.| CnEVPost
Shangjie's first Weibo post revealed that its first model will be an SUV.| CnEVPost
Li Auto guided its vehicle deliveries in the first quarter to be in the range of 88,000 to 93,000 units, below analysts' expectations of 130,914 units.| CnEVPost
The B10 electric SUV is the first model in Leapmotor's B-series, with a pre-sales starting price of RMB 109,800 ($15,170).| CnEVPost
Pre-order price for updated Li Mega is the same as its predecessor, but with an upgrade of the smart driving chip from the previous two Nvidia Orin-X chips to a single Thor-U chip.| CnEVPost
Li Auto will launch two all-electric SUVs this year, including the Li i8 in July and another model, the Li i6, in the second half of the year.| CnEVPost
The Li i8 is Li Auto's first all-electric SUV and second all-electric model after the Li Mega MPV.| CnEVPost
Li Auto will upgrade the smart driving chips in updated models, starting to use the Nvidia Thor-U chip and providing LiDARs as standard across all models.| CnEVPost
Leapmotor achieved net income of RMB 80.9 million ($11.1 million) in the fourth quarter of 2024, its first positive quarterly bottom line since its 2015 inception.| CnEVPost
The Leapmotor B10 secured over 15,010 pre-orders one hour after the start of pre-sales, with the LiDAR-equipped variants accounting for 73 percent of the total.| CnEVPost
Leapmotor has launched pre-sales of its T03 compact EV and C10 SUV in Hong Kong.| CnEVPost
Nio plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.| CnEVPost
Xpeng announced shortly after the launch event that the Mona M03 saw firm orders exceed 10,000 units in 52 minutes.| CnEVPost
Nio's third factory will start production in September, which is expected to support the upcoming delivery of the Onvo L90.| 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
Onvo L90 will begin pre-sales on July 10, with display vehicles available in all stores at that time.| 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
BYD sold a record 72,723 vehicles overseas in March, an increase of 89.22 percent year-on-year and up 8.50 percent from February.| CnEVPost
Shangjie has an initial investment of RMB 6 billion ($820 million) and a dedicated team of more than 5,000 people.| CnEVPost
The Aito M8 secured more than 20,000 orders in the first hour after its launch.| CnEVPost
Huawei and SAIC's first joint model could be unveiled officially as soon as mid-year and hit the market within this year, according to local media.| CnEVPost
The B10 secured 10,016 firm orders one hour after its launch, Leapmotor said.| CnEVPost
This is the third battery swap station partnership with a state-owned company that Nio has announced in the past month.| CnEVPost
Nio completes offering of 136,800,000 shares of class A ordinary shares at an offering price of HK$29.46 per share.| CnEVPost
China's NEV retail penetration was 52.3 percent in March and 47.67 percent year-to-date.| CnEVPost
In the first quarter, Li Auto delivered 92,864 cars, near the upper end of its previous guidance of 88,000 to 93,000 units.| CnEVPost
Leapmotor will officially launch the B10 on April 10. The SUV model is the first global model in its B series.| CnEVPost
Li Auto's sales target for this year is 700,000 vehicles, representing about 40 percent growth, according to local media.| 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
