CnEVPost Newsletter: China weekly EV sales; BYD earnings and new model
China EV sales for week ending Mar 24: Nio 3,000, Xpeng 2,500, Li Auto 7,000, Tesla 13,700
Tesla Model Y sales in China last week were 10,800, Li Mega 1,000 and Xpeng X9 at 800 units.
BYD launches compact electric SUV Yuan Up with starting price of $13,400
BYD offers the Yuan Up in three trim levels, with a range of up to 401 km and the ability to accelerate from 0 to 100 km/h in as little as 7.9 seconds.
BYD net profit slips in Q4 despite revenue hits record high
A heated price war in China's NEV sector late last year and incentives offered by BYD to dealers may have dragged down profits.
Xiaomi's smart driving R&D team to top 1,500 by year-end, says CEO
Smart driving is a key battleground for EVs, and Xiaomi's goal is to be in the top tier of the industry within 2024, the company's CEO Lei Jun said.
Xpeng partners with Thai dealer to tap ASEAN market
Xpeng will launch the right-hand drive version of the G6 in Thailand, Singapore and Malaysia, with deliveries to begin in the third quarter of this year.
Zeekr starts taking pre-orders for Zeekr X and Zeekr 009 in Thailand
Zeekr will partner with local car distributors, with deliveries of right-hand drive Zeekr vehicles in Thailand set to begin in the third quarter.
China files WTO complaint over US IRA EV incentives
China urges the US to correct discriminatory industrial policies and maintain the stability of the global industrial chain and supply chain of NEVs.