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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 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...
CnEVPost Newsletter: Daily Recap Nov 11, 2024 China NEV sales rise to new record of 1.43 million in Oct, CAAM data show Domestic NEV sales stood at 1.3 million units in October, marking the second consecutive month of record highs. Automakers' share of China NEV market in Oct: BYD tops with 36.1%, Tesla 7th with 3.4% In the January-October period, BYD was No. 1 in the NEV market with a 34.8 percent share, while Tesla was No. 3 with a 6.0 percent share. Nio Oct deliveries breakdown: ES6 at...