CnEVPost Newsletter: Tesla cuts Model 3 and Model Y prices in China
Tesla cuts Model 3 and Model Y prices in China amid fierce competition
Tesla today lowered the prices of all two versions of the Model 3 by nearly 6 percent, and two of the three versions of the Model Y by nearly 3 percent.
BYD Yangwang reveals more specs and images of U7 sedan
Yangwang says the U7 measures 5,265 mm in length and has a wind resistance of Cd 0.195, the lowest of any production sedan in the world.
EU investigators to come to China to inspect BYD, Geely and SAIC, report says
European Commission investigators will come to inspect Chinese carmakers in the coming weeks as part of an investigation into whether to impose punitive tariffs to protect Europe's EV makers, Reuters reported.
Li Auto offering significant discounts across entire lineup, report says
Li Auto is offering discounts ranging from RMB 35,000 to RMB 38,000, depending on the model, local media said.
Li Auto reportedly to discontinue older models in Q2 after facelifts launched in Mar
Li Auto will release the Li L6 EREV, Li Mega BEV in the first half of the year and will launch three more BEVs in the second half of the year, according to local media.
Polestar begins deliveries of Polestar 4 SUV in China
Polestar launched the Polestar 4 in China on the first day of the Shanghai auto show on April 17, 2023, and dropped the price significantly in November before deliveries began.
Leapmotor says new model C10 gets over 15,510 pre-orders in 24 hours of pre-sale
The C10 is available in BEV and EREV versions, and Leapmotor said 40 percent of customers chose the highest configuration.
Neta begins construction of its 3rd overseas plant in Malaysia
Neta's plant in Malaysia is scheduled to start production in 2025. Its plant in Thailand is already in production, and another plant in Indonesia will start production in the second quarter.
China aims for NEVs to contribute 45% of new car sales by 2027
The previous target was for the figure to reach 40 percent by 2030 and 50 percent by 2035.
China NEV retail sales at 114,000 in Jan 1-7, down 12% from same period last month
In the first week of January, China's NEV retail sales were down 12 percent from the same period in December, while NEV wholesale sales were down 35 percent.