CnEVPost Newsletter: XPeng gets new credit line from local bank; BYD's Q1 net profit up 241%

XPeng’s production and logistics appear to be the least affected by the Shanghai lockdown, and supply chain management also appears to be more resilient than peers, said Edison Yu.

This is near the median of BYD’s previously forecasted range of RMB 650 million to RMB 950 million.

As one of the top contenders for the Tesla Model 3, BYD’s upcoming Seal is undoubtedly one of the most talked about models recently.

The two will develop battery swap-enabled models based on the Aiways U5 and plan to bring it to market in the fourth quarter of 2022.

The Smart #1 is the first production model launched after the electrification transformation of the Smart brand, with a pre-sale price range of RMB 190,000 ($29,000) - 230,000 after subsidies.

The e:NS1 is the start of Honda’s increased efforts in China’s fast-growing EV market, as Japanese automakers generally lag behind in that wave.

This is much higher than the 19.9 percent of the ICE vehicle market.