Smart and Sustainable Electric Mobility
Gansu was hit by a 6.2-magnitude earthquake late last night, which has killed 105 people and injured 186 others.
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The December pricecuts kicked in and the whole marekt was up in a end-of-year sales push.
The post China EV sales in week 50: BYD 51,700, Tesla 18,300, Nio 3,400 appeared first on CarNewsChina.com.
Between December 1 and December 17, Nio was 7,900, Xpeng 8,700, Li Auto 24,300, Tesla 41,700, BYD 116,100.
The post China EV insurance registrations for week ending Dec 17: Nio 3,400, Xpeng 4,800, Li Auto 11,300, Tesla 18,300 appeared first on CnEVPost.
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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.
The post CYVN to become Nio's largest shareholder, while William Li to retain most voting rights appeared first on CnEVPost.
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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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Xpeng believes that expanding volumes is critical, and will continue to prioritize volumes into 2024, as well as improving profitability through cost reductions.
The post Xpeng sees price competition continuing until traditional OEMs can't profit on ICEs appeared first on CnEVPost.
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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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Per share purchase price is 7.50 USD.
The post Nio announces 2.2 billion USD investment from CYVN appeared first on CarNewsChina.com.
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.
The post BREAKING: Nio secures new $2.2 billion investment from Abu Dhabi's CYVN appeared first on CnEVPost.
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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.
The post Geely Galaxy E8 with 475 kW started pre-sales in China at 26,350 USD appeared first on CarNewsChina.com.
