CnEVPost Newsletter: BYD to launch pickup truck; Xiaomi starts delivering debut EV model
BYD to launch 1st new energy pickup truck for global market within this year
BYD will launch its first new energy pickup truck model within this year, developed specifically for the global market, CnEVPost has learned.
Xiaomi says SU7 gets over 100,000 orders as deliveries begin
The SU7 has gained more than 100,000 firm orders in just a few days of its launch, with the number of locked-in orders already exceeding 40,000, Xiaomi's founder said at a ceremony marking the model's first delivery.
Tesla offers 0-interest loans for up to 5 years in China to boost sales
Tesla is offering a limited-time finance policy in China with down payments as low as RMB 79,900 and 0-interest loans for up to 5 years.
Baidu-backed Jiyue plugs into Nio's charging network
Jiyue will gradually connect to Nio Power's 3,740 charging stations and 21,739 charging piles in 312 cities in China.
BYD Denza says updated N7 SUV gets 3,378 orders on launch day
Denza launched the updated N7 on April 1 at a starting price 20.54 percent lower than its predecessor.
IM Motors says its upcoming L6 can perform driverless moose tests
A video shared by IM Motors shows the IM L6 completing a driverless moose test at 71 km/h with no one in the car.
GAC Aion announces entry into Indonesia, plans to build local plant
GAC Aion has entered into a partnership with an Indonesian company and plans to build an EV factory there.
Solid-state battery startup Talent New Energy unveils cell with ultra-high energy density
Talent said its solid-state battery cell prototype has an energy density of 720 Wh/kg, which is twice the energy density of Nio supplier WeLion's semi-solid-state battery cell.
China eases auto loan policy to spur consumption
Cars for personal use will be eligible for 0 percent down payment, while previously consumers were required to pay at least 20 percent of down payment for conventional cars and at least 15 percent for NEVs.
China's Mar NEV retail up 80% MoM to 698,000, preliminary CPCA data show
China's retail sales of all passenger vehicles totaled 1.699 million units in March, up 7 percent year-on-year and up 54 percent from February.