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CnEVPost Newsletter: BYD asks suppliers to cut prices; Onvo chief reaffirms delivery target

Published 2 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

Nov 27, 2024

​BYD asks suppliers to cut prices as China EV market set to see tougher competition​

BYD is asking its passenger car suppliers to lower their parts quotes, as it expects competition in the NEV market to be fiercer in 2025.

​BYD launches 4 NEV models in Guatemala​

BYD has launched the Han, Tang, Song Plus DM-i, and Seal in Guatemala, marking a significant step in its entry of NEVs into Central America.

​Nio to open its 1st Nio House in UAE on Nov 28​

Nio to open its first Nio House in the UAE on November 28 with CEO William Li attending the opening ceremony.

​Onvo president reiterates confidence of delivering over 10,000 units in Dec​

Deliveries of the L60 are proceeding at a set pace with a goal of delivering more than 10,000 units in a single month in December, Onvo president said.

​China to have 100,000 eVTOLs serving families and travelers by 2030, industry body says​

In roughly two to three years' time, air traffic networks and ground flight service facilities in China's major cities will be largely completed, an industry body said.

​China NEV retail at 867,000 in Nov 1-24, up 7% from same period last month​

Retail sales of passenger NEVs in China totaled 867,000 units in the November 1-24 period, up 68 percent from a year ago and up 7 percent from a month ago.

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