CnEVPost Newsletter: BYD begins pre-sales of new models; Tesla asks Chinese suppliers to build plants in Mexico
CnEVPost Newsletter: BYD begins pre-sales of new models; Tesla asks Chinese suppliers to build plants in Mexico
BYD begins pre-sales for 2023 Song Plus series SUVs as its model changeover continues
Pre-sales for the new Song Plus DM-i start at RMB 169,800 and the Song Plus EV at RMB 179,800.
BYD confident of gaining higher market share in next 3-5 years, says president
Wang believes that the NEV change is a technological revolution, and only companies with core technologies will survive.
ET5 Touring said to be available at NIO showrooms in China starting Jun 10
The ET5 Touring has arrived at NIO stores and will be available in NIO showrooms on the evening of June 9, and those interested can check it out on June 10, according to a blogger who has been following NIO for a long time.
Tesla asks Chinese suppliers to build plants in Mexico, report says
Tesla is asking several Chinese supply chain companies to build factories in Mexico in order to replicate a Giga Shanghai and its supply chain system there, according to local media.
Zeekr sees 1st production cars of Zeekr X roll off line as delivery nears
The first production vehicles of the Zeekr X rolled off the production line today and will be shipped to stores in various cities, with first deliveries expected to begin in the middle of this month.
Lucid prepares for China entry, hires ex-NIO, Ford exec Zhu Jiang
Zhu Jiang, a former executive at NIO, Ford and Jidu Auto, has joined Lucid to head up its China operations, and he said Lucid is starting to prepare for its entry into the country.
Ford scaling back ambitions for Mustang Mach-E in China amid poor sales
The Mustang Mach-E team will be integrated back into Ford China and the separate entity running the project will be written off in the future, according to local media.
CATL extends coverage of its EVOGO battery swap service to Fuzhou
EVOGO's battery swap service was previously available in Xiamen, Hefei and Guiyang.
China launches nationwide promotions to boost auto consumption
The moves include holding auto festivals in 100 cities and promoting consumption of NEVs in rural areas.
Power battery industry faces serious overcapacity in China, says Changan chairman
China will need 1,000-1,200 GWh of power battery capacity by 2025, but the industry is already planning for 4,800 GWh of capacity, according to Changan's chairman.
China contributes 56% of global EV sales in Q1, Counterpoint says
The US overtook Germany as the world's second-largest EV market in the first quarter, while China remained in the lead, Counterpoint said.
China NEV retail up 10.5% MoM to 580,000 in May, CPCA data show
NEV penetration at retail in China was 33.3 percent in May, up 6.7 percentage points from 26.6 percent a year earlier and up from 32.3 percent in April.