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CnEVPost Newsletter: Nio's progress on Firefly; China's new measures to boost auto consumption

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CnEVPost Newsletter: Nio's progress on Firefly; China's new measures to boost auto consumption

Jul 21, 2023
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CnEVPost Newsletter: Nio's progress on Firefly; China's new measures to boost auto consumption

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Nio reportedly makes major progress on Firefly as sub-brand project continues to move forward

The first Firefly model has seen a design freeze in late June and is expected to enter the mold development phase in early August, allaying employee fears that the project could be scrapped, according to local media.


Nio starts process of selecting city to host Nio Day 2023

The last such event, Nio Day 2022, was held in Hefei, Anhui province on December 24, when the EC7 and the new ES8 were launched.


Factbox: What Nio released at past Nio Day events

Nio held its first Nio Day on December 16, 2017, in Beijing, which has become its most important annual event.


Factbox: Major players in China's battery swap space

Nio, Aulton and Botan have the largest number of battery swap stations in China, with shares of 68 percent, 27 percent and 5 percent respectively at the end of June.


Li Auto sees Li L7 cumulative deliveries exceed 50,000

As of July 19, a total of 8,208 units of the Li L7 have been delivered this month, Li Auto said.


Li Auto becomes buzz topic as driver sits in passenger seat while letting vehicle drive itself on highway

The Li Auto vehicle was seen driving itself on a highway while the driver sat in the passenger seat watching a video.


Video shows more details of BYD sub-brand Fang Cheng Bao's Leopard 5

The Leopard 5 will target the market priced between RMB 400,000 and RMB 600,000, which will further enrich the price range covered by BYD's models.


Neta launches facelift of flagship sedan Neta S, with starting price reduced by about 16%

The new Neta S has a starting price of RMB 159,800, which is RMB 30,000 lower than the RMB 189,800 of the old model.


Changan's EV unit Avatr to start deliveries of Avatr 12 this year, 2 extra models coming next year

Avatr's two new models, internally codenamed E15 and E16, will also go on sale in 2024.


China issues new measures to boost auto consumption with emphasis on support for NEVs

The document lists 10 measures, three of which are directly related to support for the NEV sector, and specifically mentions support for the battery swap model.


Chinese brands take 75% share of Southeast Asia's EV market in Q1, says Counterpoint

BYD, Hozon and SAIC together accounted for more than 68 percent of the Southeast Asian BEV market in the first quarter.


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