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CnEVPost Newsletter: China renews car trade-in subsidies; ​BYD launches Xia MPV

Published about 22 hours ago • 1 min read

CnEVPost Newsletter: Daily Recap

Jan 8, 2025

​China renews car trade-in subsidies, analysts see more benefit for lower-priced NEV makers​

Deutsche Bank analysts expect the subsidies to drive full-year demand growth of 3 million units in 2025 and support double-digit growth in the second and third quarters.

​BYD officially launches Xia MPV, prices start at $34,070​

The Xia MPV is based on BYD's DM 5.0 hybrid system and has a CLTC range of up to 1,060 km.

​Nio, BYD, Li Auto donate to Tibet earthquake relief efforts​

Tuesday's earthquake in Tibet has killed 126 people, injured 188 and collapsed 3,609 homes.

​Onvo owners to get more available batteries and free swap service during Chinese New Year holidays​

By the end of January, 1000 additional 60-kWh battery packs are expected to be added to the battery swap stations available for Onvo.

​Zeekr teases 007 GT, its new shooting brake model after 001​

Zeekr has shared the first three images of the Zeekr 007 GT, the first mention of the shooting brake-style model.

​Li Auto sees 200,000th Li L6 roll off line​

Li Auto launched the Li L6 on April 18, 2024, and the five-seat SUV is its least expensive model.

​Hesai unveils AT1440 LiDAR with 1440 channels at CES 2025​

Hesai has unveiled the AT1440, which it said has the world's highest number of channels for an automotive LiDAR, with a resolution more than 30 times higher than mainstream automotive LiDARs.

​China NEV retail at record 1.38 million in Dec, preliminary CPCA data show​

China's NEV retail penetration was 52.6 percent in December and 47.97 percent in 2024, according to preliminary CPCA data.

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