CnEVPost Newsletter: XPeng officially launches P5 sedan

XPeng officially launches P5 sedan with starting price around $24,500 - CnEVPost — cnevpost.com After two months of pre-sales, XPeng Motors' new sedan, the P5, officially went on sale on September 15 at prices several thousand RMB lower than the pre-sale prices.

XPeng said to deliver flying cars in small quantities in 2024 - CnEVPost XPeng will announce the exact price and specifications of its flying car in 2023 and will deliver it in small quantities in 2024, according to a Weibo blogger.

NIO's battery swap stations reach 450 - CnEVPost CnEVPost's data tracker shows that NIO has also put four supercharging stations and three destination charging stations into operation today.

BYD to discontinue a fuel model that has been on sale for 16 years in Oct as it focuses on NEVs - CnEVPost The F3 was popular at the time of its launch, and during its most glorious period in 2008 and 2009, sales often exceeded 30,000 units per month.

WM Motor reportedly adjusting equity structure in preparation for overseas IPO - CnEVPost WM Motor is adjusting its shareholding structure and may raise a new round of funding in the fourth quarter in preparation for an overseas IPO.

CATL reportedly bids for Canadian lithium miner Millennial for about $300 million - CnEVPost A bidding war is heating up between Chinese companies for a Canadian firm to get lithium needed for electric car batteries.

Xiaomi-backed fund invests in auto chip company - CnEVPost As Xiaomi builds its electric vehicle team, the Chinese smartphone giant's investment in the sector continues.

BAIC BluePark sold 4,074 vehicles in Aug, up 91% from a year earlier - CnEVPost BAIC BluePark sold 4,074 vehicles in August, up 91 percent year-on-year and up about 17 percent from July.

GM steps up bets in China by introducing Ultium platform - CnEVPost General Motors announced Tuesday that it is officially introducing its Ultium electric vehicle platform to the Chinese market "to join Chinese consumers on their journey to an all-electric future."

Dongfeng's premium EV brand Voyah delivered 408 vehicles in Aug - CnEVPost Dongfeng Motor's premium electric brand Voyah delivered 408 units of the Voyah FREE, one of Li Auto's Li ONE competitors, in August, its first delivery month.

Analysts expect auto AI chips in China to grow at CAGR of 28% in next decade - CnEVPost With the rapid development of the smart car industry, the demand for AI chips is also exploding.

Chinese regulator asks automakers to conduct data security, cybersecurity self-reviews - CnEVPost Chinese regulator of the automotive industry has begun asking car companies to conduct self-examinations of their data security and cybersecurity in order to address safety concerns.