CnEVPost Newsletter: NIO kicks off preparations for NIO Day 2023; BYD launches 2023 Yuan Pro
NIO kicks off preparations for NIO Day 2023
NIO is more likely to announce plans for its sub-brands than new NIO-brand models on NIO Day 2023.
XPeng making its last stand with G6, says Deutsche Bank
With margins and cash burn looking worse following first-quarter earnings, XPeng management may be making its last stand with the G6, Deutsche Bank said.
Musk meets with more officials as he begins 2nd day of China visit
Musk met with China's Minister of Industry and Information Technology and Minister of Commerce today. He met with China's foreign minister after arriving in Beijing yesterday and was seen meeting with CATL's chairman.
BYD launches 2023 Yuan Pro SUV with prices starting at $13,500
The Yuan family of models sold 39,160 units in April, making it the second highest-selling BYD model for the month.
Denza to begin delivery of N7 SUV in July, offers 2 front design options
Denza, which currently has only the Denza D9 MPV on sale, delivered 10,526 units in April, the second consecutive month with more than 10,000 units.
Neta sees 300,000th production vehicle roll off line
Neta delivered 11,080 vehicles in April, bringing its cumulative deliveries since inception to 285,305, according to data monitored by CnEVPost.
Geely reportedly plans to enter Thailand EV market
Geely is in the early stages of planning its entry into Thailand's EV market, including weighing imported and locally made models, Reuters reported.
China NEV retail at 483,000 in 1st 4 weeks of May, flat from same period last month
In the first four weeks of May, retail sales of all passenger vehicles in China were 1,392,000 units, up 19 percent year-on-year but down 6 percent from the same period last month, according to the CPCA.
Cost advantage of sodium-ion batteries decreases as lithium prices fall
With the price of battery-grade lithium carbonate falling back to around RMB 300,000 per ton, the cost advantage of sodium batteries is seen as no longer prominent.