CnEVPost Newsletter: New NIO House in Germany; BYD sales target

Mar 30, 2023

NIO opens new NIO House in Frankfurt, its 2nd in Germany

NIO co-founder and president Qin Lihong was on-site for the opening of the NIO House in Frankfurt.

BYD aims to sell at least 3 million vehicles this year

BYD aims to sell at least 3 million vehicles this year and strive to reach 3.6 million, said Wang Chuanfu, its chairman and president.

Li Auto sees L-series models exceed 100,000 cumulative deliveries

In the price range of RMB 300,000-500,000, Li Auto has a market share of nearly 20 percent, it said.

SAIC-GM-Wuling launches new EV model, price from $8,680

In the January-February period, SAIC-GM-Wuling sold 50,433 NEVs in China, second only to BYD and Tesla.

Seres unveils new NEV brand Landian and 1st model E5 with BYD, Huawei technology

The Landian E5 is a mid-size plug-in hybrid SUV with a starting price of RMB 139,900.

Analysts explain how falling lithium carbonate prices affect EV costs

For an EV with a 70-kWh pack, the cost of the battery is now RMB 12,300 - RMB 14,500 lower than when lithium carbonate prices were at their previous high, analysts say.

Global EV battery market share in Jan-Feb: CATL 33.9%, BYD 18.2%

CATL's share in January-February was the same as in January, while BYD saw its share rise.

China to allow extended sales periods for ICE models based on existing emissions standard, report says

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor.