CnEVPost Newsletter: BYD sees 5 millionth NEV roll off line
With retail sales of 1,385,455 units in the January-July period, BYD topped China's NEV market with a 37.2 percent share, ahead of second-place Tesla China at 8.7 percent.
Nio's William Li said the Nio phone is about providing a better digital key experience for car owners, and this article explains how.
The ES6's contribution to Nio deliveries has continued to improve over the past three months, reaching 54.33 percent in July.
Deutsche Bank expects Xpeng to report mixed results for the second quarter, while the outlook for the third and fourth quarters will show meaningful sequential improvement driven by a strong G6 order book.
Before the G6's significant capacity ramp-up, the P7 continues to be Xpeng's most delivered model, contributing 44.58 percent of deliveries in July.
Li Auto plans to launch four new models in 2024, including an EREV and three BEV models.
While Li Auto's underlying execution remains strong, Nio, Xpeng will be more compelling growth stories in coming quarters, said Deutsche Bank.
The Li L7 contributed 39.22 percent of Li Auto deliveries in July, while the Li L8 contributed 33.15 percent.
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