Tagged: China

Tesla sets up new-energy firm in Shanghai with registered capital of $2 million

The company's business scope includes energy stge technology services and solar power technology services, and may be the operating entity for 's energy storage business in China.

(Image credit: CnEVPost)

Tesla has registered a new company in Shanghai that will perhaps be the operating entity for its energy storage business in China.

The company, called Tesla (Shanghai) New Energy Co Ltd, was established on April 13 with a registered capital of $2 million, according to data provider Tianyancha.

The company's registered address is at Lingang area in Shanghai's Pudong New Area, and its legal representative is Wang Hao, with Tom Zhu, who was named senior vice president of Tesla's automotive business earlier this month, as chairman.

Wang joined Tesla at the beginning of its entry into China in April 2014 as head of the destination charging program in China. He became vice president of Tesla China in January 2018 and began his role as general manager of Tesla China in August 2019.

Tesla's business scope for this new-energy company includes energy storage technology services, solar power technology services, automotive parts research and development, and import and export of goods.

The information hints that the company may be the operating entity for Tesla's energy storage business in China.

On April 9, Tesla signed a contract with Shanghai's Lingang authorities to build a new Megafactory in the area, which will be dedicated to the production of Tesla's energy storage product Megapack.

The Megafactory will be Tesla's first energy storage system factory outside of the US home market, with an initial planned annual production capacity of up to 10,000 commercial energy storage batteries and an energy storage scale of nearly 40 GWh, with products to be supplied to the global market.

The plant is scheduled to start construction in the third quarter of this year and go into operation in the second quarter of 2024.

Tesla's factory in China is located in Lingang area, which began operations at the end of 2019 and has now become Tesla's largest EV production base in the world.

Tesla to build new Megafactory in Shanghai to produce Megapack energy storage system

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Tesla sets up new-energy firm in Shanghai with registered capital of $2 million

The company's business scope includes energy stge technology services and solar power technology services, and may be the operating entity for 's energy storage business in China.

(Image credit: CnEVPost)

Tesla has registered a new company in Shanghai that will perhaps be the operating entity for its energy storage business in China.

The company, called Tesla (Shanghai) New Energy Co Ltd, was established on April 13 with a registered capital of $2 million, according to data provider Tianyancha.

The company's registered address is at Lingang area in Shanghai's Pudong New Area, and its legal representative is Wang Hao, with Tom Zhu, who was named senior vice president of Tesla's automotive business earlier this month, as chairman.

Wang joined Tesla at the beginning of its entry into China in April 2014 as head of the destination charging program in China. He became vice president of Tesla China in January 2018 and began his role as general manager of Tesla China in August 2019.

Tesla's business scope for this new-energy company includes energy storage technology services, solar power technology services, automotive parts research and development, and import and export of goods.

The information hints that the company may be the operating entity for Tesla's energy storage business in China.

On April 9, Tesla signed a contract with Shanghai's Lingang authorities to build a new Megafactory in the area, which will be dedicated to the production of Tesla's energy storage product Megapack.

The Megafactory will be Tesla's first energy storage system factory outside of the US home market, with an initial planned annual production capacity of up to 10,000 commercial energy storage batteries and an energy storage scale of nearly 40 GWh, with products to be supplied to the global market.

The plant is scheduled to start construction in the third quarter of this year and go into operation in the second quarter of 2024.

Tesla's factory in China is located in Lingang area, which began operations at the end of 2019 and has now become Tesla's largest EV production base in the world.

Tesla to build new Megafactory in Shanghai to produce Megapack energy storage system

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BYD Yangwang to start pre-sale of U8 off-road SUV on Apr 18

The U8, the first production model of the Yangwang brand, is a hardcore off-road SUV that will be priced at the RMB 1 million level.

(Image credit: CnEVPost)

's premium brand Yangwang will begin pre-sales of its first model on the first day of the Shanghai auto show, after the model was officially unveiled in January.

Pre-sales of the Yangwang U8, which will redefine hardcore off-roading, will begin on April 18, Yangwang said on Weibo today.

"See you in Shanghai on April 18," Yangwang said, hinting that the U8 will be on display at the upcoming Shanghai auto show.

The Shanghai auto show will be held at the National Exhibition and Convention Center from April 18-27, with media days from April 18-19 and professional visitor days from April 20-21, while the general public can enter from April 22-27.

BYD's booth is 7A06 at Hall 7.1 and Yangwang is at 8A05 at Hall 8.1. On April 7, Yangwang said the U9 electric supercar will be on display at the Shanghai auto show.

BYD officially launched the Yangwang brand on January 5, along with the first two models -- Yangwang U8 and Yangwang U9.

The U8, the first production model of the Yangwang brand, is a hardcore off-road SUV that is more than 5 meters long and 2 meters wide.

The model is capable of accelerating from 0 to 100 km/h in 4 seconds and will be priced at RMB 1 million ($146,000) level.

The Yangwang U8 has the performance, safety and reliability of a hardcore off-road SUV, with intelligent extrication and emergency avoidance capabilities in complex road conditions, along with technology and intelligence, BYD previously said.

The Yangwang U9, on the other hand, is a supercar that will also be priced at the RMB 1 million level, accelerating from 0 to 100 km/h in less than 3 seconds.

BYD announced the Yangwang brand along with a technology platform called e⁴, which it said was the first mass-produced four-motor independent drive technology platform. Both the U8 and U9 will be equipped with e⁴ technology.

On April 10, BYD officially unveiled its intelligent body control system called DiSus in Shenzhen, which is another technological breakthrough after its DM super hybrid technology, e-Platform 3.0, Blade Battery and e⁴ platform.

The BYD DiSus system is divided into three branches, including the Intelligent Damping Body Control System (DiSus-C), the Intelligent Air Body Control System (DiSus-A), and the Intelligent Hydraulic Body Control System (DiSus-P).

DiSus-P, which has a suspension adjustment travel of up to 200 mm and can lift all four wheels simultaneously as well as independently for a single wheel, will first be equipped on the Yangwang U8.

($1 = RMB 6.8388)

BYD officially launches Yangwang brand, debuts hardcore off-road SUV U8 and supercar U9

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Shanghai auto show: Complete map about exhibitors’ booths

, XPeng, and 's booths were all in Hall 6.1, was in Hall 7.1, and Tesla is absent.

The organizers of the upcoming Auto Shanghai 2023, which will start on April 18, have announced the booth locations of all exhibitors.

We start this post with a table showing the booth locations of the major car companies and follow it with a full floor plan of the halls.

Specifically, NIO's booth is 6A01 in Hall 6.1, XPeng is 6A08 in Hall 6.1, and Li Auto is 6A04 in Hall 6.1.

BYD is at 7A06 in Hall 7.1, and its Yangwang brand is at 8A05 in Hall 8.1.

The absence of Tesla in these maps means it will not be at the Shanghai auto show.

Tesla attended the last Shanghai auto show two years ago, but entered the spotlight then because of a female owner's protest on the roof of a car. Since then, Tesla has not participated in any auto shows in China.

The Shanghai auto show will be held at the National Exhibition and Convention Center from April 18 - 27, where April 18 - 19 will be the media days, April 20 - 21 will be the professional visitors' days, and the general public will be able to enter and visit from April 22 - 27.

Major exhibitors at Shanghai auto show 2023

HallBoothExhibitor
Hall 33A01Chevrolet
Hall 33A02Buick
Hall 33A03SAIC Maxus
Hall 33A04IM Motors
Hall 33A05SAIC Audi
Hall 33A06Cadillac
Hall 33A07SAIC Volkswagen
Hall 33A08MG
Hall 33A09Rising Auto
Hall 33A10Roewe
Hall 4.14A01Smart
Hall 4.14A02Volvo
Hall 4.14A03Denza
Hall 4.14A04Hyundai & Beijing Hyundai
Hall 4.14A05Jiangling
Hall 4.14A06Shenlan
Hall 4.14A07Mercedes Benz
Hall 4.14A08Arcfox
Hall 4.14A09BAIC Group
Hall 4.14A10Dayun New Energy
Hall 4.14A11Skyworth Auto
Hall 4.14A13Visteon
Hall 5.15A01Hongqi
Hall 5.15A02Volkswagen
Hall 5.15A03Changan Mazda
Hall 5.15A04Toyota Boshoku
Hall 5.15A05Jetta
Hall 5.15A06Audi
Hall 5.15A07Geely
Hall 5.15A08China Mobile
Hall 5.15A09Unity China
Hall 5.15A10SenseAuto
Hall 6.16A01NIO
Hall 6.16A02AITO
Hall 6.16A03Lynk & Co
Hall 6.16A04Li Auto
Hall 6.16A05
Hall 6.16A07
Hall 6.16A08XPeng
Hall 6.16A09Ecarx
Hall 6.16A10Hycan
Hall 6.16A11
Hall 6.16A12Innovusion
Hall 6.16A13FinDreams
Hall 7.17A01Mini
Hall 7.17A02BMW
Hall 7.17A03HiPhi
Hall 7.17A04Yuanhang
Hall 7.17A05Haval & Great Wall Cannon
Hall 7.17A06BYD Auto
Hall 7.17A07
Hall 7.17A08Baidu Apollo
Hall 7.17A09Bosch
Hall 7.17A10Brabus
Hall 6.26B01Dongfeng M Hero
Hall 6.26B02Jaguar Land Rover
Hall 6.26B03Lexus
Hall 6.26B04Voyah
Hall 6.26B05Tank & Wey
Hall 6.26B06Genesis
Hall 6.26B07Polestar
Hall 6.26B08Volvo
Hall 6.26B09Avatr
Hall 6.26B10Lincoln
Hall 6.26B12Horizon Robotics
Hall 7.27B01Nissan
Hall 7.27B02Dongfeng Motor
Hall 7.27B03iCAR
Hall 7.27B04Honda
Hall 7.27B05Fujian Benz
Hall 7.27B06JAC Group
Hall 7.27B07
Hall 7.27B08Dongfeng Citroen
Hall 7.27B09Jetour
Hall 7.27B10Chery
Hall 7.27B11Exeed
Hall 7.27B12Dongfeng Peugeot
Hall 8.18A01Ducati
Hall 8.18A02Mansory
Hall 8.18A03Bentley
Hall 8.18A04Lorinser
Hall 8.18A05Yangwang
Hall 8.18A06Honda Motorcycle
Hall 8.18A07Porsche
Hall 8.18A08Horwin
Hall 8.18A09Vulcanus
Hall 8.18A10AM
Hall 8.18A11Auxun/Lumma
Hall 8.18A12Shenzer
Hall 8.18A13Zhejiang Carlsson
Hall 8.18A14Juntian
Hall 8.18A15Kafu
Hall 8.18A16Jinghang
Hall 8.18A17Harley-Davidson
Hall 8.18A18Armadillo
Hall 8.18A19Cyberspace
Hall 8.18A20Maserati
Hall 8.18A21Lamborghini
Hall 8.18A22Karlmann
Hall 8.18A23Kede
Hall 8.18A24Rolls-Royce Motor Cars
Hall 8.18A25Lotus
Hall 8.18A26Bufite
Hall 8.28B01Subaru
Hall 8.28B02FAW Bestune
Hall 8.28B03Changan
Hall 8.28B04Ford Motor
Hall 8.28B05
Hall 8.28B06GAC Trumpchi
Hall 8.28B07
Hall 8.28B08Toyota
Hall 8.28B09Livan
Hall 8.28B10Kia
Hall 8.28B12Black Sesame

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BYD’s new all-electric SUV Song L to debut at Shanghai auto show

In the first quarter, the Song family of models sold 142,775 units, up 93.69 percent year-on-year.

(Image credit: )

As one of the best-selling BYD models, the Song family is about to see a new member.

The Song L, a B-class all-electric SUV from BYD's Dynasty series, will debut at the Shanghai auto show, the new energy vehicle (NEV) maker announced today on Weibo.

BYD didn't reveal any more information about the Song L, but provided an image showing the model's front design.

It first teased the model on Weibo yesterday and shared a picture showing the rear design, but did not announce the model's name.

The upcoming biennial Shanghai auto show will be held from April 18 - 27, where April 18 - 19 will be the media days, April 20 - 21 will be the professional visitors' days, and the general public can visit from April 22 - 27.

The BYD brand of vehicles includes the Dynasty series as well as the Ocean series, both of which have Song family models.

The Song Max DM-i and Song Pro DM-i currently on sale are part of the Dynasty series, while the Song Plus DM-i and Song Plus EV are part of the Ocean series. BYD's soon-to-be-revealed Song L will be a new member of the Dynasty series.

Song family models have been the top-selling BYD models for the past several months, though they were surpassed by the Qin family models in March.

BYD sold 207,080 NEVs in March, up 97.45 percent from 104,878 units in the same month last year and up 6.93 percent from 193,655 units in February, according to data released on April 2.

The Qin family of models sold a record 40,850 units in March, making it the highest-selling BYD model for the month and contributing 19.8 percent of the NEV maker's passenger NEV sales last month.

The Song family of models sold 40,510 units in March, second only to the Qin family of models. The Song family's sales in March increased 51.56 percent from 26,729 units in the same month last year but decreased 22.69 percent from 52,400 units in February.

In the first quarter, the Song family of models sold 142,775 units, up 93.69 percent from a year ago, according to data monitored by CnEVPost.

BYD Mar sales breakdown: Qin 40,850, Song 40,510

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NIO’s 1st 10 3rd-gen swap stations go into operation

aims to have more than 2,300 battery swap stations in China by the end of 2023, and the number stood at 1,342 as of April 13.

(Image credit: NIO)

NIO's (NYSE: NIO) first 10 third-generation battery swap stations went live today in 10 Chinese cities, marking the start of its aggressive infrastructure buildout this year.

The electric vehicle company had said on March 20 that its first 10 third-generation battery swap stations would go live on March 28. But that didn't happen, and NIO only made the next-generation stations' real-life debut that day.

The cities that saw the first third-generation NIO battery swap stations go live were Shanghai, Beijing, Shenzhen, Hefei, Chengdu, Haikou, Wuxi, Zhengzhou, Qingdao and Harbin, according to an article posted today on NIO's mobile app.

The sites for the 10 third-generation battery swap stations were decided by 866 NIO users through the NIO App's wish list feature, according to the article.

As of April 13, NIO has accumulated 1,342 battery swap stations in China, of which 351 are located along highways.

NIO also has 2,451 charging stations, including 14,541 charging piles. Its charging map has access to more than 680,000 third-party charging piles in China.

NIO announced late last year a plan to add 400 battery swap stations in 2023, but that plan was raised to 1,000 on February 21.

William Li, NIO's founder, chairman and CEO, said at the time that the company would further accelerate the deployment of battery swap stations, aiming to have more than 2,300 battery swap stations in China by the end of 2023.

Mass production of NIO's third-generation battery swap stations was well underway, with volume production expected to begin in April and deployment of stations accelerating in May, Li said at the time.

Starting in June, NIO will basically keep building 120-150 battery swap stations per month, he said.

NIO's third-generation battery swap station, released at the NIO Day 2022 event on December 24, 2022, can store up to 21 battery packs, up from 13 for its predecessor generation and five for the first generation of the facility.

This next-generation facility increases the daily service capacity of a single site to 408 services, a 30 percent increase over the second generation.

Notably, some of NIO's third-generation battery swap stations will be equipped with two LiDARs and two Nvidia Orin chips, for a total computing power of 508 TOPS.

NIO reveals aggressive plan to add 1,000 swap stations in 2023

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