China targets 40% penetration for new-energy heavy trucks by 2030
China has mapped out a plan to promote new-energy heavy-duty trucks, aiming for a fleet exceeding 1.6 million vehicles by 2030. cnev.co/k0v3eES π
China targets 40% penetration for new-energy heavy trucks by 2030
China has mapped out a plan to promote new-energy heavy-duty trucks, aiming for a fleet exceeding 1.6 million vehicles by 2030. cnev.co/k0v3eES π
Geely to continue asset consolidation to strengthen main listed platform, chairman says
The move aims to streamline the governance structure and further implement the "'One Geely" strategy, Geely chairman Eric Li said. cnev.co/rT2nZlW π
BYD energy storage powers Hungary's largest battery project online
BYD supplies a 288.6-MWh storage system for Hungary's largest battery storage project. cnev.co/FCtrQdM π
Nio opens first Greece store, expanding European footprint
Greek consumers can purchase models including the Nio ET5, Nio ET5 Touring, and Nio EL6. cnev.co/NxUES8I π
Nio Onvo starts nationwide delivery of updated L60 SUV in China
Currently, more than 1,000 show cars and test-drive cars of the updated L60 have arrived at Onvo stores. cnev.co/alCIO2s π
Li Auto CEO says healthy gross margin is core goal to weather competition
Li Xiang said at a small-scale shareholder meeting that gross margin is all the money and ammunition the company can spend. cnev.co/AaoVu9f π
Nio highlights engineering challenges of making lighter EVs as Chinese cars face obesity crisis
Making EV models lighter requires courage, Nio founder William Li said. cnev.co/7nCpRSV π
Nio warns of dangerous in-car projectiles from fake NOMI devices
Nio warned that untested counterfeit devices could detach and shatter during collisions, becoming dangerous "in-car bullets." cnev.co/a0RDKWr π
Dongfeng Nissan's N-series NEV output hits 100,000 units as JV brands fight back in China
This comes about 14 months after the launch of the N7 electric sedan, the first model in Dongfeng Nissan's N series. cnev.co/scacdEa π
Li Auto sets June 23 launch for new L8 SUV, shifting to five-seat layout and in-house chip
The new Li L8 drops the six-seat design in favor of a five-seat layout, offering a CLTC battery-only range of 430 km. cnev.co/nnypBDa π
Smart launches #6 EHD hybrid sedan in China with prices starting at $26,250
The Smart #6 EHD hybrid sedan offers a combined driving range of up to 1,810 km, with LiDAR as standard across all variants. cnev.co/hWBGayH π
Nio Onvo launches updated L60 with in-house chip at lower starting price
The updated Onvo L60 starts at 192,800 yuan ($28,440) with battery included, 6.8% lower than its predecessor, with deliveries set to begin on June 12. cnev.co/QhcBpXV π
Nio Onvo to hold launch event on June 11 evening for new L60 with 106 upgrades
Onvo announced that the launch event for the new L60 will begin at 7:30 pm Beijing Time on June 11, saying the model brings a total of 106 upgrades. cnev.co/GWPjoYs π
Chinese regulators summon automakers over suspected 'irrational competition'
China requires carmakers to strictly comply with pricing regulations, strengthen price compliance and enhance product quality control. cnev.co/WF3q80k π
CATL enters nuclear fusion race with investment in startup Beta Fusion
CATL led a seed funding round worth hundreds of millions of yuan in Beta Fusion, marking the power battery giant's first investment in a nuclear fusion company. cnev.co/dmaHZVU π
Geely begins local production of hot-selling EX2 electric hatchback in Brazil
The Geely EX2, sold as the Xingyuan in China, becomes the second model Geely produces locally in Brazil. cnev.co/SaQqa3d π
Top battery makers' shares in China in May: CATL 46.14%, BYD 16.56%
CATL remained China's largest power battery maker in May, though its share edged down 0.51 percentage points from April. cnev.co/fe5hrpD π
China's May EV battery installations jump 26%, extending growth streak
China's EV battery installations reached 71.9 GWh in May, with LFP batteries taking an 81.2% market share. cnev.co/enIVPEh π
BYD Fang Cheng Bao files first sedan Formula S series ahead of Q3 launch
Fang Cheng Bao filed the Formula S and its shooting brake variant, the Formula S GT, marking a key step in its expansion into the sedan market. cnev.co/CcXViVk π