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China EV news, data, insights and more.
CnEVPost Newsletter: Daily Recap Nov 14, 2024 Zeekr unveils series of deals that will see it acquire 51% of Lynk & Co Zeekr expects to use its own cash reserves and external financing to fund the acquisition. The transaction is expected to close in the first quarter of 2025. Zeekr sees net loss narrow significantly in Q3, revenue down slightly Zeekr saw its net loss decrease by 37.0 percent in the third quarter, while lower battery pack sales dragged down revenue. Geely reportedly to...
CnEVPost Newsletter: Daily Recap Nov 13, 2024 CATL would build plant in US if Trump clears path, chairman says CATL would consider building a plant in the US if Trump opens the door for Chinese investment in the US EV supply chain, the battery maker's chairman Robin Zeng said. BYD to enter South Korean passenger car market in 2025 BYD Korea said it has “completed review to release passenger car brands in the domestic market” and expects to enter the South Korean market early next year. Xpeng...
CnEVPost Newsletter: Daily Recap Nov 12, 2024 BYD Fang Cheng Bao launches Bao 8 with Huawei driver assist system, starting at $52,520 The Bao 8 is the second model from Fang Cheng Bao and the first under the BYD umbrella to feature Huawei's driver assist system. China EV insurance registrations for week ending Nov 10: Nio 3,000, Tesla 17,300, Xiaomi 5,500, BYD 85,900 Li Auto's insurance registrations last week were 11,700, Xpeng 3,600, Zeekr 5,700, Leapmotor 8,200 and Aito 6,500. Nio Onvo L60...