CnEVPost Newsletter: Daily Recap

May 7, 2025

Nio Inc had 5,100 insurance registrations in China last week, including 3,470 under the Nio brand, 1,280 for Onvo and 350 for Firefly.

The proposed purchase price is $25.66 per Zeekr ADS, a premium of 13.6 percent from the last trading session.

Avatr said Elon Musk shared inaccurate information and invited the Tesla CEO to witness a wind tunnel test of the Avatr 12.

Avatr starts offering EREV variants of the Avatr 12 at a starting price of RMB 269,900 ($37,360).

This is one of Onvo's latest efforts to optimize the car using experience following a change in its management.

At the busiest station along the highway, the number of services in a single day reached 150.

That's down 5.96 percent from 62,167 vehicles sold in the same month last year and down 25.84 percent from 78,828 units in March.

Xpeng has invited banks to pitch for a role in an IPO that could take place in Hong Kong or the US, according to Bloomberg.

The investment, which will be closed in the coming months, will be Uber's largest investment in the autonomous driving space to date.

China's wholesale sales of passenger NEVs were estimated at 1.14 million units in April, up 42 percent year-on-year and up 1 percent from March.

CATL and BYD's combined EV battery installations in January-March amounted to 121.9 GWh, accounting for 55.0 percent of the global market.

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