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CnEVPost Newsletter: Tesla launches Model Y L; Nio cuts prices of long-range models

Published 9 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

Aug 19, 2025

​Tesla launches Model Y L in China to boost sales, putting pressure on local rivals​

The Model Y L starts at RMB 339,000 ($47,180) in China, which is expected to boost Tesla's sales in China and intensify competition in the six-seat SUV segment.

​Tesla brings back turn signal stalk for Model 3 in China​

Tesla has reintroduced the turn signal stalk as standard on the Model 3 sedan in China and is offering it as a paid option for vehicles already delivered.

​Nio cuts prices of all 100-kWh long-range models by $2,780​

Nio has reduced the cost of its optional 100-kWh long-range battery pack by RMB 20,000 ($2,780), resulting in price cuts for all long-range versions of its current models.

​Xpeng reports record quarterly revenue, net loss narrows to 5-year low​

Xpeng's net loss for the second quarter was RMB 480 million, marking the lowest level since the third quarter of 2020.

​Xpeng Q2 2025 earnings call Live updates​

Xpeng's new generation P7 sedan will be launched next week.

​Xiaomi's EV business delivers $2.87 billion in revenue in Q2, up 232% year-on-year​

The gross margin for innovative businesses, including EV and AI, was 26.4 percent in the second quarter, higher than 23.2 percent in the first quarter.

​Huawei to launch new models under Luxeed and Aito brands on Aug 25​

The updated S7 sedan and R7 coupe SUV from Luxeed, as well as the BEV variant of Aito's M8, will be launched at the event.

​Huawei-backed Stelato S9T wagon gets over 20,000 pre-orders in 24 hours​

Stelato began accepting pre-orders for the S9T on August 18, with a pre-sales price of RMB 328,000 ($45,670).

​Zeekr launches 7X SUV in Thailand​

The Zeekr 7X is the third model launched by Zeekr in Thailand, following the Zeekr 009 MPV and the Zeekr X compact SUV.

​BYD Fang Cheng Bao shares interior of Tai 7 SUV as Q4 launch nears​

The Tai 7's interior design adopts a softer overall style, targeting the family car market, differing from the harder-edged style of the Bao 8.

​China EV insurance registrations for week ending Aug 17: Nio Inc 7,190, Tesla 14,000, Xiaomi 7,170​

Onvo's insurance registrations for last week were 3,790, the second-highest on record, up 16.98 percent from the previous week's 3,240.

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