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China EV news, data, insights and more.
CnEVPost Newsletter: Daily Recap Oct 1, 2024 BYD sells record 419,426 NEVs in Sept as hybrids continue strong growth BYD sold 164,956 passenger BEVs in September, up 9.1 percent year-on-year, and 252,647 PHEVs, its seventh consecutive record high since March, up 86.17 percent. BYD Sept sales breakdown: Song 89,135 units, Qin 75,785 The Song family sold a record 89,135 vehicles in September and continues to be the top-selling BYD lineup. Nio sees 2nd-highest ever deliveries in Sept as Onvo...
CnEVPost Newsletter: Daily Recap Sept 29, 2024 Nio announces $470 million investment in Nio China from strategic investors Nio China has received a new investment of RMB 3.3 billion from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China. Deutsche Bank gives positive read on Nio China's new financing New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price,...
CnEVPost Newsletter: Daily Recap Sept 27, 2024 BYD chief scientist expects solid-state batteries to be widely used in 5 years' time BYD's chief scientist expects solid-state batteries to be widely used in 5 years, starting with high-end models, the first time a BYD executive has spoken publicly on the topic in the last few years. BYD starts taking pre-orders for Xia MPV BYD gave the Xia its debut a month ago, saying at the time that the MPV would be priced in the RMB 300,000 yuan ($42,780)...