CnEVPost Newsletter: China weekly EV sales; Tesla regains global BEV crown
China EV sales for week ending Mar 31: Nio 3,550, Xpeng 2,050, Li Auto 7,990, Tesla 17,250
For the week of March 25-31, China's NEV sales were 186,183, up 14 percent from the previous week, with a penetration rate of 43 percent.
Nio goes on hiring spree for Onvo sub-brand
Nio's head of smart driving products and experiences says Onvo is set to will have surprises in smart driving.
Tesla regains global BEV crown over BYD in Q1
Tesla delivered 386,810 vehicles globally in the first quarter, missing estimates but regaining the BEV crown over BYD.
Tesla sells 89,064 China-made cars in Mar, up 47.5% from Feb
Tesla's China-made vehicle sales in March were essentially flat compared to the same month last year.
BYD targets 3.3 million sales for its Dynasty and Ocean series in 2024, report says
BYD's sales targets for the Dynasty series in 2024 are 1.7 million units and the Ocean series 1.6 million units, representing year-on-year growth of 13.9 percent and 15.7 percent, respectively, according to local media.
BYD Denza launches updated N7 SUV with 20.5% lower starting price
Denza has launched the updated N7, lowering the price significantly in an attempt to once again attract potential Tesla Model Y customers.
Xiaomi has reportedly secured 40,000 locked-in orders for SU7
Xiaomi EV, which originally had an April production plan of around 5,000 units, is negotiating with suppliers to increase production capacity, according to local media.
Xiaomi reportedly asks suppliers to boost capacity to match monthly production of 10,000 EVs
Under the original plan, Xiaomi EV production will grow to 4,000 to 5,000 units by April, and thereafter stabilize at 6,000 units by the end of the year, according to local media.
Xiaomi to hold SU7 delivery ceremony at its Beijing EV plant on Apr 3
Xiaomi EV's first delivery centers in 28 cities in China will also start delivering vehicles to customers tomorrow.
China's Mar NEV wholesale at 820,000, up 84% from Feb, CPCA estimates show
Both production and sales of passenger vehicles increased significantly in March from February as industries quickly turned to normal operations after the Chinese New Year holiday, the CPCA said.