Category: China

Musk ends China visit after visiting Tesla Shanghai plant last night

Musk arrived in Shanghai from Beijing yesterday evening and toured the Shanghai factory overnight.

Tesla (NASDAQ: TSLA) CEO Elon Musk has wrapped up his brief visit to China, where he spent the past two days meeting with several Chinese officials and visiting Tesla's Shanghai factory.

Musk's private jet with registration number N628TS took off from Shanghai's Hongqiao Airport at 11:23 am Thursday and is expected to arrive in Austin, where Tesla is headquartered, in 12 hours and 50 minutes, according to flight-tracking platform Variflight.

The Tesla CEO arrived in Shanghai from Beijing yesterday evening and toured the Tesla Shanghai factory overnight.

Early this morning, Grace Tao, Tesla's vice president of external affairs, shared two images on Weibo showing Musk with Giga Shanghai employees.

(Images from Grace Tao's Weibo.)

The Weibo was posted at 0:28, while Tao was at the facility, her Weibo location information shows.

Neither Tao nor Tesla disclosed the exact schedule of Musk's activities at Giga Shanghai, though Bloomberg reported that the first cars to roll off the line at the plant on Thursday were prototypes of the updated Model 3 sedan.

Musk arrived in Beijing on May 30 on his private jet, and was later met by Chinese State Councilor and Foreign Minister Qin Gang in Beijing.

Tesla opposes decoupling and supply chain disconnection and is willing to continue to expand its business in China and share in China's development opportunities, Musk said, according to a statement from the Chinese Foreign Ministry.

On May 31, Chinese Minister of Industry and Information Technology (MIIT) Jin Zhuanglong met with Musk in Beijing, where the two sides exchanged views on topics including the development of new energy vehicles (NEVs) and smart connected vehicles, according to an announcement from the MIIT.

Musk then visited China's Ministry of Commerce and was met by Commerce Minister Wang Wentao.

In addition to the meeting with Chinese officials, Musk was seen meeting with Robin Zeng, chairman of , the world's largest power battery manufacturer, on May 30.

A picture circulating on Chinese social networks shows Musk and Zeng together in the lobby of a hotel.

Musk meets with more officials as he begins 2nd day of China visit

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NIO adds 10 showrooms and 66 swap stations worldwide in May

As of May 31, had 118 NIO Houses and 269 NIO Spaces worldwide.  |  NIO US | NIO HK | NIO SG

(Image credit: NIO)

NIO (NYSE: NIO) continued its expansion of showrooms and infrastructure in May.

The Chinese electric vehicle (EV) maker added 10 showrooms and 66 battery swap stations worldwide in May, according to information released today by the NIO App.

NIO's showrooms include the flagship NIO Houses and the smaller NIO Spaces. The former is a space where NIO offers owners a quality lifestyle, in addition to displaying and selling vehicles.

The company added four new NIO Houses in May, all of which are located in China. To date, the total number of NIO Houses worldwide is 118, including 114 in China and 4 in Europe.

NIO added six NIO Spaces in May, all of which are also located in China. As of May 31, NIO had 269 NIO Spaces worldwide, including 263 in China and 6 overseas.

NIO also added 10 new service centers in May, including three in China and seven overseas. This brings the total number of facilities to 299, including 257 in China and 42 overseas.

NIO added 1 new delivery center in May, bringing the total number of such facilities to 53.

In May, NIO added 66 battery swap stations, including 64 in China and 2 overseas.

As of May 31, NIO had 1,464 battery swap stations worldwide, with 1,448 in China and 16 overseas.

NIO also added 93 charging stations in May, bringing the number to 2,648, of which 2,640 are in China and 8 are overseas.

As of May 31, NIO had 15,673 charging piles worldwide, including 15,649 in China and 24 overseas.

NIO's charging map added access to 22,511 third-party charging piles in May, bringing the total to more than 1,110,000, including more than 400,000 overseas.

The company is expected to announce vehicle delivery figures for May later today. It delivered 6,658 vehicles in April, down 35.85 percent from 10,378 in March.

NIO kicks off preparations for NIO Day 2023

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Geely Galaxy launches 1st model L7 to gain share in hybrid market

The Galaxy L7 is available in five versions with a starting price of RMB 138,700, or about $19,500.

(Image credit: Geely Galaxy)

Geely Galaxy, the new energy vehicle (NEV) sub-brand of Geely Auto Group, has made its first model, the L7, available to gain share from the plug-in hybrid market.

Geely Galaxy officially made the L7 available in China at a launch event yesterday, offering five versions with starting prices of RMB 138,700 ($19,500), RMB 143,700, RMB 153,700, RMB 163,700, and RMB 173,700, respectively.

The Geely Galaxy L7 is a hybrid SUV with a length, width and height of 4,700 mm, 1,905 mm and 1,685 mm, respectively, and a wheelbase of 2,785 mm.

Based on the e-CMA architecture, the vehicle is powered by a 1.5T four-cylinder engine with a combined maximum system power of 287 kW and a combined maximum torque of 535Nm and can accelerate from 0 to 100 km/h in 6.9 seconds.

The Geely Galaxy L7 has two battery range options, with a CLTC pure electric range of 55 km and 115 km respectively. The model has a combined range of up to 1,370 km on full fuel and full charge.

The car is powered by a 1.5T engine with a thermal efficiency of 44.26 percent, ranking first among known production engines, said Geely Galaxy.

The Geely Galaxy L7 supports fast charging and external discharge, taking 30 minutes to replenish energy from 30 percent to 80 percent.

The vehicle uses the Qualcomm Snapdragon 8155 chip, the cockpit chip currently used in mainstream flagship electric vehicles in the Chinese market.

First deliveries of the L7 will begin on June 13, Geely Galaxy said.

Geely Auto Group officially launched the new Geely Galaxy brand on February 24 and unveiled its first production model, the L7.

Geely Galaxy plans to launch a total of seven models by 2025, including four plug-in hybrids in the L-series and three all-electric models in the E-series.

Geely Galaxy will launch the L6 in the third quarter of 2023, the L5 in the second quarter of 2024, and will launch the L9 in 2025.

In the all-electric product sequence, Geely Galaxy will launch the Galaxy E8 in the fourth quarter of 2023, the Galaxy E7 in the second quarter of 2024, and the Galaxy E6 in the third quarter of 2024.

Geely Auto Group CEO Gan Jiayue said in January that the group's sales target for 2023 is 1.65 million vehicles, including 600,000 NEVs.

Geely Auto Group sold 1.43 million vehicles in 2022, up 8 percent from a year earlier, including about 330,000 NEVs, according to data monitored by CnEVPost.

In April, the group sold 113,642 vehicles, up 3 percent from 110,300 in March, according to data it released last month.

($1 = RMB 7.1116)

Geely Galaxy brand officially launched, to roll out 7 models by 2025

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NIO ET5 wait time becomes longer, EC7 and ES7 shorter

The ET5 wait time has changed from 2-3 weeks to about 3 weeks, the EC7 from 5-7 weeks to about 5 weeks, and the ES7 from about 4 weeks to about 3 weeks.  |  NIO US | NIO HK | NIO SG

(Image credit: CnEVPost)

NIO (NYSE: NIO) has three models that saw their wait times change today, with one becoming longer and the other two becoming shorter.

The ET5 -- NIO's cheapest model currently on sale -- has an updated wait time of about 3 weeks, slightly higher than the previous 2-3 weeks, the latest check by CnEVPost shows.

The sedan's wait time last changed on May 16, when it went from about two weeks to 2-3 weeks.

The latest wait time for the NIO ES7 SUV is about 3 weeks, a week shorter than the previous wait time of about 4 weeks. The last change in the wait time for the model was on May 9, when it went from about 3 weeks to about 4 weeks.

NIO launched the ES7 on June 15, 2022, the company's second model based on the NT 2.0 platform after the ET7 and the first SUV on the second-generation platform.

The first delivery of the NIO ES7 was on August 28, 2022. The company does not disclose deliveries of the ES7 when it announces delivery figures each month.

The wait time for NIO's new coupe SUV EC7 changed to about 5 weeks today, down from the previous 5-7 weeks. The last change in the model's wait time was on May 16, when it went from about 5 weeks to 5-7 weeks.

The EC7 was launched on NIO Day 2022 on December 24, 2022, with the first delivery on April 28 of this year.

Except for ET5, EC7 and ES7, the expected delivery dates of other NIO models remain unchanged today.

Deliveries of the new ES8 will begin in June, the wait time for the new ES6 is still not shown, and the ET7 is about 3 weeks, information from the NIO App monitored by CnEVPost shows.

Data table: Latest wait times for NIO models

(Screenshots on June 1.)

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Former XPeng exec joins NIO as head of navigation division, report says

Former Internet center vice general manager Liu Fanfan has joined as head of the navigation and location services division, according to local media.

(Image credit: CnEVPost)

NIO (NYSE: NIO) appears to be attracting a lot of XPeng (NYSE: XPEV) talent, and the trend continues.

Liu Fanfan, formerly vice general manager of XPeng's Internet center, has joined NIO as head of its navigation and location services division, local media outlet LatePost reported today.

Liu reports to Zhang Lei, NIO's vice president of digital cockpit and software development, and is also the head of smart cockpit delivery for NIO's NT 3.0 platform models, according to the report.

NIO is phasing out the NT 1.0 platform and transitioning its models to the NT 2.0 platform. The company's sub-brand models, which it plans to begin delivering next year, will be based on the next-generation NT 3.0 platform, according to the previously announced information.

Liu, who has worked for in-car navigation provider Telenav for more than 10 years, joined XPeng in March 2018 and was responsible for the map navigation, in-car systems and app ecosystem business at the Internet center.

During his time at the company, XPeng Internet center developed the in-car system Xmart OS, which debuted on the XPeng G3 in late 2018.

Xmart OS was upgraded to version 2.1.0 in October 2020, and introduced a full-scene voice interaction feature that allows control of 90 percent of XPeng's in-house developed applications by voice, the report noted.

XPeng's team expanded rapidly after its Hong Kong listing in June 2021, growing to nearly 14,000 people by the end of 2021, more than twice the size of the team at the end of 2020.

However, XPeng's team has undergone significant restructuring in 2022, with many of its mid-level R&D staff and executives leaving to join NIO between last year and this year, the LatePost report noted.

Last April, Harry Wong, formerly XPeng's director of self-driving products, officially joined NIO to take charge of the self-driving experience.

On September 6 last year, local automotive website Xchuxing reported that the former XPeng's head of voice recognition, Zhao Hengyi, had left in March and he would join NIO.

LatePost reported today that Zhao joined NIO ahead of Liu and is responsible for businesses including virtual voice assistant Nomi, reporting to Ted Li, NIO's head of product experience.

NIO kicks off preparations for NIO Day 2023

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Tesla Model Y was world’s best-selling car in Q1, with China its top market

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Neta sees 300,000th production vehicle roll off line

delivered 11,080 vehicles in April, bringing its cumulative deliveries since inception to 285,305, according to data monitored by CnEVPost.

(Image credit: Neta)

Neta Auto, the electric vehicle (EV) brand of Hozon Auto, saw its 300,000th production vehicle roll off the line today, marking an important milestone in the company's history.

Neta saw its 100,000th vehicle roll off the line in January 2022. The company delivered 152,073 vehicles last year, up 118.26 percent year-on-year.

The latest milestone comes 16 months after it rolled off the line its 100,000th vehicle.

Neta has been seen as a budget EV maker since its inception in 2014, as its vehicles are priced primarily at the lower end of the market, with the previous main sellers Neta V and Neta U priced at around 100,000 yuan ($14,080).

Neta's flagship sedan, the Neta S, is its first effort at the premium end of the market, with the model primarily targeting a price range of RMB 200,000 to 300,000.

The Neta GT sports car was launched on April 18 with a starting price of RMB 178,800 to RMB 227,800.

Neta delivered 11,080 vehicles in April, bringing its cumulative deliveries since its inception to 285,305 units, data monitored by CnEVPost shows.

The company is expected to announce May's delivery figures on June 1.

Neta is targeting sales of 300,000 units in 2023, local media China Securities Journal reported on February 7.

Neta opened its global headquarters in Shanghai on May 29, as it tries to build a more premium brand image.

Previously it had a Shanghai headquarters in the Minhang district of Shanghai. It has a design center in Beijing and a factory in Tongxiang, Zhejiang province.

($1 = RMB 7.1037)

Neta begins deliveries of electric sports car Neta GT, less than 1 month after launch

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