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CnEVPost Newsletter: Tesla Q4 deliveries; Denza and Zeekr's new model plans

Published 4 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

Jan 2, 2025

​Tesla delivers 495,570 cars globally in Q4, full-year 2024 deliveries fall for 1st time in over a decade​

BYD sold a higher number of 595,413 passenger BEVs in the fourth quarter, marking the second time it has overtaken Tesla in the BEV market after the fourth quarter of 2023.

​Deutsche Bank explains why Nio saw strong deliveries in Dec​

More promotion boosted December deliveries of the Nio brand, while the increase of Onvo was due to improving supply, said analysts at Deutsche Bank.

​BYD Denza to launch N9 SUV in Q1, new MPV to follow, exec says​

The N9 SUV will be launched in the first quarter, and Denza will also launch a new MPV in 2025 that will be bigger and more powerful than the D9 MPV currently on sale, an executive said.

​Zeekr to launch 3 new models in 2025, including 2 hybrids​

Zeekr will launch a Zeekr 007-based shooting brake model in the second quarter and one SUV each in the third and fourth quarters, both offering hybrid variants.

​Li Auto unveils measures to smooth out expiration of China's trade-in subsidy​

Li Auto's local peer Nio rolled out similar measures yesterday when it announced a limited-time 0-interest financing plan.

​Models under Huawei HIMA umbrella deliver record 49,474 units in Dec​

In 2024, HIMA models delivered 444,956 units for the full year.

​Wuling slashes prices of electric Binguo SUV by up to 6%​

Wuling's move brings the price of an electric model with a range of 500 km below RMB 90,000 yuan.

​IM Motors offers 0-interest financing, cash discount incentives​

Customers who buy an EV from IM Motors before the Chinese New Year can enjoy 0-interest financing for five years and a RMB 5,000 ($680) cash discount.

​Lotus changes Chinese name in brand revival effort​

Lotus CEO called the move a major brand revival milestone and said the brand sold more than 2,000 units worldwide in December.

​SAIC-GM-Wuling starts EV battery production in Indonesia​

SAIC-GM-Wuling said it saw its first power battery produced in Indonesia roll off the line, becoming the first Chinese auto brand to realize power battery production in Indonesia.

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