BYD and Tesla both saw record highs in new orders in China in May, according to Deutsche Bank.
The post Nio's new orders in May up 37% from Apr, Deutsche Bank survey shows appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Category: China
Nio president confirms construction of F3 plant has begun, says F1, F2 can no longer meet demand
Nio's F3 plant is located in Hefei's NeoPark, and with the subsequent launch of new products, the production capacity of the existing 2 factories can no longer meet demand, Qin Lihong said.
The post Nio president confirms construction of F3 plant has begun, says F1, F2 can no longer meet demand appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Li Auto lowers annual sales goal for second time as things didn’t go as planned
Chinese Li Auto lowers the annual sales goal for 2024 from 800,000 to just 480,000 units. What are the reasons for a 40% cut?
The post Li Auto lowers annual sales goal for second time as things didn’t go as planned appeared first on CarNewsChina.com.
China NEV retail at 790,000 in May, up 17% from Apr, preliminary CPCA data show
China's NEV penetration at retail stood at 46.88 percent in May and 40.26 percent year-to-date, according to preliminary data from the CPCA.
The post China NEV retail at 790,000 in May, up 17% from Apr, preliminary CPCA data show appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD’s FinDreams unit to supply battery cells to Tesla’s Shanghai Megafactory
BYD's battery making unit FinDreams will be Tesla's new supplier of energy storage cells outside of CATL, securing more than 20 percent of orders for the Megapack product line, according to local media.
The post BYD's FinDreams unit to supply battery cells to Tesla's Shanghai Megafactory appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BREAKING: Nio gets regulatory approval to build 3rd plant in China, report says
The new plant will have a capacity of up to 600,000 units per year, which will raise its total capacity to 1 million units, according to Reuters.
The post BREAKING: Nio gets regulatory approval to build 3rd plant in China, report says appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Li Auto further cuts 2024 sales target to around 480,000 units, report says
This is the second cut after Li Auto lowered its 2024 sales target from 800,000 units to 560,000-640,000 units.
The post Li Auto further cuts 2024 sales target to around 480,000 units, report says appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD Song Plus (Seal U) to get DM-i 5.0 treatment with new PHEV powertrain
The BYD Song Plus DM-i is set to gain the fifth generation PHEV powertrain and will have better range and fuel economy.
The post BYD Song Plus (Seal U) to get DM-i 5.0 treatment with new PHEV powertrain appeared first on CarNewsChina.com.
5,000 BYD Qin L sedans delivered in 3 days as sales rooms packed
BYD delivered 5,000 Qin L cars in three days and demand is very high. Showrooms had a busy weekend with interest in the car.
The post 5,000 BYD Qin L sedans delivered in 3 days as sales rooms packed appeared first on CarNewsChina.com.
Nio makes China’s 1st list of L3/L4 autonomous driving pilot automakers
Entry into the list lays the groundwork for the commercialization of high-level autonomous driving capabilities, Nio said.
The post Nio makes China's 1st list of L3/L4 autonomous driving pilot automakers appeared first on CnEVPost.
For more articles, please visit CnEVPost.
