CnEVPost Newsletter: NIO's local peers react to launch of new ES6; BYD and Great Wall rivalry intensifies
Discover more from CnEVPost Newsletter
CnEVPost Newsletter: NIO's local peers react to launch of new ES6; BYD and Great Wall rivalry intensifies
NIO's local peers react to launch of new ES6
The launch of the new ES6 has triggered rare reactions from several of NIO's local counterparts, highlighting the fierce competition in China's EV market.
NIO starts delivery of new ES6 on night of launch day
Deliveries of the new ES6 began in 13 regions on the night of its launch on May 24, although NIO officially announced that deliveries would begin on May 25.
Great Wall Motor's Haval H6 was the best-selling SUV for years, but that spot has been taken by BYD's Song family of models.
BYD launches 2023 Song Pro DM-i with lower prices and longer battery range
The 2023 Song Pro DM-i starts at RMB 5,000 less than the model's 2022 counterpart, but the two lower-priced versions come with larger battery packs.
XPeng Q1 earnings call: Key takeaways
XPeng aims to reach 15,000 monthly deliveries in the third quarter and 20,000 monthly deliveries in the fourth quarter, its management said.
Li Auto rapidly expanding smart driving and chip teams, report says
Li Auto is hiring talent in China as well as abroad, and some of its core executives recently visited Silicon Valley, according to local media.
SAIC-GM-Wuling launches new mini EV Yep, prices start at $11,290
The Baojun Yep is available in two versions, with the pricier one equipped with a smart driving system developed by SAIC-GM-Wuling with drone maker DJI.
China NEV retail up 13% MoM to 372,000 in 1st 3 weeks of May, CPCA data show
Retail penetration of NEVs in China was 35.6 percent in the first three weeks of May.
More on CnEVData:
Lithium carbonate prices flat for 4th day in a row
This comes after battery-grade lithium carbonate saw 15 consecutive days of gains and 18 consecutive days of gains for industrial-grade lithium carbonate.
China Apr auto exports up about 10% from Mar
China's auto exports in April were 424,200 units, up 9.61 percent from March and up 142.40 percent year-on-year.
Data table: China auto sales from May 1-21
Wholesale sales of NEVs in China from May 1 to May 21 were 361,000 units, up 81 percent year-on-year and up 10 percent from the same period last month.