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China EV news, data, insights and more.
CnEVPost Newsletter: Daily Recap Nov 25, 2024 Nio celebrates 10th anniversary with over 620,000 users Nio, founded on November 25, 2014, is starting a multi-brand operation, having already launched the Onvo sub-brand and will launch the Firefly brand next month. [Full text] 'The next two years are crucial for our success,' Nio's William Li says in internal letter “We must keep launching competitive new products and improving our operational efficiency to double our sales next year and achieve...
CnEVPost Newsletter: Daily Recap Nov 22, 2024 Xiaomi's 2nd EV model could be launched in Q1 2025, report says Xiaomi's second EV model is scheduled to hit the market in February or March next year, internally codenamed MX11, and will compete directly with the Tesla Model Y, according to local media. Nio denies after rumor of acquisition by BYD swirls A Nio executive has denied a rumor that the company will be acquired by BYD, after the fake information circulated widely on social media....
CnEVPost Newsletter: Daily Recap Nov 21, 2024 Great Wall Motor to adopt Huawei's driver assist system, report says Great Wall Motor will become the latest to adopt Huawei's smart driving system after BYD, and its first model to feature the system will be the Tank 700 Hi4-T off-road SUV, according to local media. Deutsche Bank expects Nio brand to sell 223,000 cars in 2025, Onvo 219,000, Firefly 8,000 Deutsche Bank raised its sales forecast for Nio Inc in 2025, using the same 450,000 full-year...