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CnEVPost Newsletter: BYD's overseas sales ambitions; CATL's new energy storage system

Published 3 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

May 8, 2025

​BYD aims for half of its sales to come from outside China by 2030, report says​

BYD now believes it has the right products to replicate its success in China in overseas markets, according to Reuters.

​BYD launches hybrid Sealion 07 DM-i, starts at $23,460​

The Sealion 07 DM-i is a sister model to the all-electric Sealion 07 EV and the fourth model in BYD's Sealion family.

​BYD withdraws plans to build lithium plant in Chile as lithium prices plunge​

BYD and Tsingshan are backing out of multimillion-dollar plans to build lithium cathode plants in Chile, according to Reuters.

​Li Auto officially launches updated L-series EREVs with unchanged prices​

Li Auto's updated L-series EREVs are now available in showrooms, with deliveries set to begin next week.

​Hyundai's China JV debuts Elexio all-electric SUV in comeback effort​

Beijing Hyundai has completed the debut of the Elexio, saying it aims to launch a comeback bid by a joint venture automaker in China.

​CATL launches Tener Stack energy storage system with massive 9 MWh capacity​

The Tener Stack system is capable of charging around 150 EVs or powering an average home for six years.

​China NEV retail at 922,000 in Apr, up 37% year-on-year, preliminary CPCA data show​

China's NEV retail penetration stood at 52.3 percent in April and 48.31 percent year-to-date.

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