CnEVPost Newsletter: Tesla's halo fades in China; China May EV sales preview


CnEVPost Newsletter: Daily Recap

May 28, 2025

BYD, Xiaomi overtake Tesla as top EV brand choices in China, says UBS

"In China, we see intense competition and Tesla is no longer seen as the technology leader."

China May EV sales preview: Deutsche Bank expects Nio at 27,000, Tesla 39,000, BYD 390,000

Nio Inc's deliveries in May are expected to be up 31 percent year-on-year and up 13 percent sequentially.

BYD Denza delivers 10,000th N9 SUV to founder of humanoid robot maker UBTech

BYD chairman Wang Chuanfu delivered the 10,000th N9 to Zhou Jian, founder of UBTech.

Xpeng launches Max variants for Mona M03, bringing Tesla FSD-like features to $18,040 model

The Xpeng Mona M03 Max starts at RMB 129,800 ($18,040) and comes with the free Turing smart driving system.

Nio swap stations complete initial coverage of all districts in Tianjin

Nio Power has 56 battery swap stations in Tianjin, covering 16 districts in the city.

Chery offers discounts on multiple models across 4 brands as price war rages

Chery is offering discounts on a number of models, with a combined discount of up to 47 percent after subsidies.

Xiaomi YU7 show cars to be available in 92 cities in China in Jun

On May 29, the YU7 will be available in 13 stores in Beijing, Xiaomi EV said.

China NEV retail at 726,000 in May 1-25, up 31% year-on-year

China's retail penetration of NEVs was 53.5 percent in the May 1-25 period, and 49.2 percent year-to-date.

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