Huawei-backed Aito starts taking pre-orders for M8, updated M9 SUVs - CnEVPost
The Aito M8 is set to be launched in April and the updated M9 will hit the market later this month.| 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
Li Auto Jun deliveries breakdown: Li L6 16,471, Li L7 8,273 | CnEVPost
China EV battery installations in Jun: CATL share at 43.67%, BYD 21.47% | 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 launches updated C11 SUV with starting price of $20,900 | CnEVPost
Leapmotor has launched pre-sales of its T03 compact EV and C10 SUV in Hong Kong.| 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
Leapmotor has already launched one new model and updated two existing models this year.| CnEVPost
Nio priced its new share offering at HK$29.46 per share, a 9.49 percent discount to Thursday's closing price in Hong Kong, for a total offering amount of HK$4.03 billion.| 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 begins deliveries of G7 SUV powered by its in-house Turing chip | CnEVPost
Starting price of 2025 G6 is reduced by 11.56 percent and 2025 G9 by 5.72 percent.| CnEVPost
In January-February, Xpeng delivered 60,803 vehicles, up 375.21 percent from 12,795 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
Nio factory's AI detection capabilities can automatically check more than 1,000 vehicle functions in three 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
Nio's third factory will start production in September, which is expected to support the upcoming delivery of the Onvo L90.| CnEVPost
About 7,000 NEVs are being loaded onto the BYD Xi'an car carrier, which will sail to countries including the UK, Italy, Spain, and Belgium, BYD said.| CnEVPost
BYD's sixth car carrier, BYD Changsha, set sail today, just days after BYD Xi'an entered service.| 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
Leapmotor delivered 48,006 cars in June, marking a record high for the second consecutive month.| 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 Zhengzhou can carry 7,000 vehicles and is expected to be delivered to BYD next month.| CnEVPost
Fast, credible news, data, and insights about China's electric vehicle industry.| CnEVPost
Tesla delivers 384,122 cars globally in Q2, falling further behind BYD | CnEVPost
BYD launches wagon variant of Seal 06 DM-i with starting price of $15,320 | 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 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
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
Nio Inc, including the Nio, Onvo, and Firefly brands, saw 4,730 insurance registrations in China last week, a 9.24 percent increase from the previous week.| 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
Richard Liu, founder of JD.com, has ordered an ET9, as Nio's William Li continues to pitch the executive sedan to entrepreneurs.| CnEVPost
Nio Inc's insurance registrations last week stood at 2,500 units, down 43.18 percent from 4,400 units in the previous week.| 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
As of press time, BYD was down 11.15 percent, Nio 11.30 percent, Xpeng 11.40 percent and Li Auto 10.82 percent.| 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
In the first quarter, Xpeng delivered 94,008 vehicles, surpassing the upper end of its guidance range of 91,000 to 93,000 units.| CnEVPost
Li Auto's sales target for this year is 700,000 vehicles, representing about 40 percent growth, according to local media.| CnEVPost
It has been about 7 months since the Mona M03 was launched, and the model has delivered more than 15,000 units per month in the past 3 months.| 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
Xpeng is asking suppliers to boost capacity for the Mona M03 to help it improve delivery efficiency, saying in a letter that recent orders for the new model exceeded 2,000 units per day.| CnEVPost
