The December pricecuts kicked in and the whole marekt was up in a end-of-year sales push.
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Category: China
China EV insurance registrations for week ending Dec 17: Nio 3,400, Xpeng 4,800, Li Auto 11,300, Tesla 18,300
Between December 1 and December 17, Nio was 7,900, Xpeng 8,700, Li Auto 24,300, Tesla 41,700, BYD 116,100.
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CYVN to become Nio’s largest shareholder, while William Li to retain most voting rights
At the end of February, Li's stake in Nio was 10.5 percent, with 44.2 percent of the voting rights. CYVN will hold a 20.1 percent stake in Nio after its latest investment.
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BYD catches up with Tesla in global BEV market share in Q3
BYD has caught up with Tesla's 17 percent share of the global BEV market in the third quarter and is expected to overtake Tesla as the global leader in the fourth quarter, Counterpoint Research said.
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A Chinese EV squeezed 650 miles of range from its 150 kWh battery
Continue reading A Chinese EV squeezed 650 miles of range from its 150 kWh battery
A Chinese EV squeezed 650 miles of range from its 150 kWh battery originally appeared on Autoblog on Mon, 18 Dec 2023 15:26:00 EST. Please see our terms for use of feeds.
Permalink | Email this | CommentsXpeng sees price competition continuing until traditional OEMs can’t profit on ICEs
Xpeng believes that expanding volumes is critical, and will continue to prioritize volumes into 2024, as well as improving profitability through cost reductions.
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IM Motors gets permit to test L3 self-driving vehicles in Shanghai
IM Motors is applying to the Chinese industry regulator for L3 product entry, with its models expected to be among the first to begin L3 self-driving pilots.
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Nio announces 2.2 billion USD investment from CYVN
Per share purchase price is 7.50 USD.
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BREAKING: Nio secures new $2.2 billion investment from Abu Dhabi’s CYVN
CYVN will increase its stake in Nio to about 20 percent with its latest investment, after finishing a roughly $1.1 billion investment in July.
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Geely Galaxy E8 with 475 kW started pre-sales in China at 26,350 USD
The Gely Galaxy E8 has a Golden Brick battery from Zeekr on board, 475 kW and up to 655 km of range. It has a drag coefficient of 0.199 Cd.
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