Latest in EV news, technologies, data and insights from China market
Elon Musk appointed Tom Zhu to oversee Tesla’s global factories and Asian business, aiming for production efficiency while addressing declining sales in China and market penetration.
The Onvo L90 launches for test drives and pre-orders on July 10, featuring six VIP seats, a luxurious cabin design, advanced tech, and family-friendly amenities.
Leapmotor’s new C11, launching on July 10 with pre-sales starting July 3, features significant upgrades, including improved battery options, exterior design tweaks, and enhanced interior technology for competitive performance.
BYD’s new factory in Brazil officially begins production, with an initial planned annual capacity of 150,000 vehicles.
The mid-year assessment of China’s NEV market reveals intense competition, with varying performances from brands like NIO, XPeng, and BYD, impacted by shifting market dynamics.
Li Auto, celebrating its 10th anniversary, achieved 1 million deliveries. Its upcoming i-series electric SUVs aim to strengthen its competitive position in the NEV market.
ONVO initiated July promotions featuring triple battery swap vouchers, exclusive gifts, and financial incentives, prompting NIO and other manufacturers to enhance their competitive offerings amid intense market rivalry.
This week, car sales grew for seven manufacturers, with BYD leading, while Tesla rebounded. Other startups like AITO, XPeng, and Leapmotor also showed strong performance.
Huawei’s QianKun Intelligent Driving feature enables autonomous parking across 500,000 lots, allowing vehicles to park without pre-set data, enhancing as it learns usage patterns.
CATL’s innovative “Factory Within Factory” model enhances NEV manufacturing efficiency, enabling localized battery production for AITO Motor, while reinforcing CATL’s global market leadership.