Baua Electric

APRIL 28, 2024

Baidu and Tesla’s partnership dates back to early 2020, with Tesla already using Baidu’s navigation map, similar to what’s available on smartphones, in its vehicles in China. The deal was struck recently and comes as Tesla CEO Elon Musk’s visit to China and met with Premier Li Qiang.

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Baua Electric

APRIL 28, 2024

Chinese state media reported that he met Premier Li Qiang in Beijing, during which Li told Musk that Tesla’s development in China could be regarded as a successful example of U.S.-China China economic and trade cooperation. “It is good to see electric vehicles making progress in China.

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CN EV Post

DECEMBER 1, 2022

Fab 5 China EV sales came in stronger than expected as new product cycles at Li Auto and NIO really start to kick in, leading to record monthly volumes despite a weak macro backdrop, said Edison Yu's team. The post Deutsche Bank China EV sales: NIO and Li Auto roar back on new product cycles appeared first on CnEVPost.

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Baua Electric

APRIL 29, 2024

automaker won a key endorsement that coincided with his trip – from a top Chinese auto association which said Tesla’s Model 3 and Y cars were among models found to be compliant with China’s data security requirements. Its features include self-parking, auto lane changes and traffic navigations. WHAT IS FSD?

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CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Some local governments have launched pro-consumption policies aimed at boosting local auto consumption and easing difficulties for car companies.

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Baua Electric

APRIL 25, 2024

Both Tencent, a gaming and social media giant and Baidu, China’s leading search engine, have been leaders in the country’s generative AI race. Just a few years ago, Japanese car companies were some of the most prominent foreign brands in China. It saw its sales in China fall 1.7%

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Baua Electric

APRIL 25, 2024

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.

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Baua Electric

APRIL 27, 2024

Renault already partners with China’s Geely in thermal and hybrid powertrains, and collaborates with tech companies Google and Qualcomm in smart cockpits. China disputes the claim and has accused Europe of protectionism.

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The Truth About Cars

JANUARY 17, 2024

According to the South China Morning Post , the new unit is wholly owned by Huawei and will be used to help transfer technology between the phone company and Changan Auto. Still, particular attention should always be given to framing of any article.&

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Baua Electric

APRIL 26, 2024

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.

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CN EV Post

JANUARY 10, 2023

Li Auto appears to be competing primarily with the internal combustion engine-powered SUVs of Mercedes-Benz and BMW, and is already clearly ahead in sales. The post Li Auto's EREV models lead large SUV sales in China in Dec appeared first on CnEVPost. For more articles, please visit CnEVPost.

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CN EV Post

MARCH 16, 2023

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. Last week, both SAIC-Volkswagen and FAW-Volkswagen, another Volkswagen joint venture in China, began offering discounts of up to 40,000 yuan on ID. For more articles, please visit CnEVPost.

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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CN EV Post

JULY 6, 2022

The post China issues measures to expand auto consumption, hints at extension of NEV purchase tax exemption appeared first on CnEVPost. For more articles, please visit CnEVPost. The first of the measures, developed by 17 government departments, is to support the purchase and use of NEVs.

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CN EV Post

NOVEMBER 9, 2022

BYD was the top auto brand in China in terms of retail sales for the fourth consecutive month this year. The post BYD contributes 11% of China's retail auto sales in Oct appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Baua Electric

APRIL 28, 2024

This came close on the heels of Tesla introducing fresh incentives in the world’s largest auto market to attract consumers. Tesla CEO Elon Musk ‘s surprise visit to China has proven to be a strategic move yielding significant results. This is according to the China Association of Automobile Manufacturers. Tesla Inc.’s

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CN EV Post

JANUARY 2, 2023

Li Auto showed strong execution and sequential growth, while Zeekr's sales performance was the biggest positive surprise of last year, said Edison Yu's team. The post Deutsche Bank on Dec China EV sales: Li Auto shines, NIO disappoints appeared first on CnEVPost. For more articles, please visit CnEVPost.

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CN EV Post

DECEMBER 29, 2022

Covid led to lower-than-expected retail growth in the Chinese auto market, with traditional ICE vehicles performing worse than expected while NEVs performing better than expected. The post China's auto market in 2022: These are what exceeded expectations appeared first on CnEVPost.

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CN EV Post

JANUARY 3, 2023

"I am very confident that in the near future, China supply chain and the auto industry will return to normal," Li said. The post NIO's William Li expects China's auto industry chain to stabilize by March or April appeared first on CnEVPost. For more articles, please visit CnEVPost.

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CN EV Post

MARCH 13, 2023

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

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CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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CN EV Post

APRIL 20, 2023

The 17th Beijing auto show will be held from April 25 to May 4, 2024, after the biennial event was canceled last time due to Covid concerns. Screenshot of Auto China website.) While the Shanghai auto show has just started, the next Beijing auto show is on its way. For more articles, please visit CnEVPost.

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CN EV Post

SEPTEMBER 23, 2022

SUV competition in China's premium segment will intensify dramatically next year, with NIO, XPeng and Li Auto all aggressively going after German luxury brands' market share, said Edison Yu's team. The post Deutsche Bank on Li Auto product plans: Premium SUV wars coming in China appeared first on CnEVPost.

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CN EV Post

MARCH 2, 2023

In January and February, insurance registrations for passenger cars in China were down more than 25 percent from a year earlier, Li Auto CEO said, citing insurance registration data. The post Lithium carbonate prices to fall sharply as demand far below expectations, Li Auto CEO says appeared first on CnEVPost.

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CN EV Post

APRIL 3, 2023

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank.

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Baua Electric

MARCH 18, 2024

An alternative energy startup in Malaysia is ready to help electric-vehicle makers source a key ingredient outside of China — using agriculture waste to create graphite. However, Graphjet’s production offers EV makers an alternative source to China, which accounts for 90% of the synthetic variety. million metric tons by 2030.

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CN EV Post

OCTOBER 13, 2022

The post China's auto market competition will end up with no more than 5 major players, says Huawei's Richard Yu appeared first on CnEVPost. For more articles, please visit CnEVPost. Huawei-backed AITO already has the capacity to sell 20,000 cars per month, according to Richard Yu.

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CN EV Post

JANUARY 3, 2023

After a disappointing 2022, some tailwinds will drive a recovery in retail sales and production in the Chinese auto sector in 2023, Goldman Sachs said. The post Goldman Sachs raises 2023 forecast for China auto sector to reflect faster-than-expected Covid reopening appeared first on CnEVPost.

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Baua Electric

JANUARY 31, 2024

The world’s largest EV battery maker has been faced with challenges from smaller rivals and slowing demand in China, which is the largest market for electric vehicles. Last year, CATL made up 43.11% of its home market, as measured by battery installations in China-made EVs, down from 48.2% billion yuan and 45.5 billion), up 38.3-48.1%

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Baua Electric

MARCH 18, 2024

China is falling short when it comes to decarbonising its huge steel industry, with slowing demand, low recycling rates and lingering overcapacity concerns hindering the transition towards lower-emission production, researchers said on Tuesday. Currently, most of China’s steel scrap supplies are used by traditional blast furnaces.

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CN EV Post

JUNE 30, 2022

The post Li Auto CEO sees German luxury automakers' SUV prices in China dropping sharply within two years appeared first on CnEVPost. For more articles, please visit CnEVPost. By the end of 2024 at the latest, the main models of BBA's locally produced medium-to-large SUVs will be selling for less than RMB 500,000, he said.

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CleanTechnica EVs

APRIL 2, 2023

In this article, I explain how Wright’s Law is impacting legacy auto sales in the US, Europe, and China, explaining the factors most affecting each market. Background On Wright’s Law ARK Investment Management has been promoting Wright’s Law for years.

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CN EV Post

MARCH 9, 2023

Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged. For more articles, please visit CnEVPost. The model went on sale on July 29, 2022.

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CN EV Post

JANUARY 8, 2023

This article compares the weekly insurance registrations of BYD, Tesla, NIO, XPeng, Li Auto, Zeekr, Volkswagen, BMW, Mercedes-Benz, and Audi's NEVs in China in 2022. The post Weekly NEV insurance registrations in China: How do BYD, Tesla, and NIO compare in 2022? For more articles, please visit CnEVPost.

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Baua Electric

APRIL 27, 2024

Seoul, South Korea’s top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China’s tech giant Baidu to develop technologies for connected cars. The agreement came amid the growing market for connected cars in China.

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Baua Electric

MAY 6, 2024

Facing up to the double shock of the end of combustion engines and rising competition from China , European suppliers like Bosch , ZF and Webasto have all announced cuts — which have piled up to the point where the issue has cast a shadow on the forthcoming EU elections.

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CN EV Post

MARCH 10, 2023

Li Auto is aiming to build about 300 super-fast charging stations this year, and NIO also plans to add 10,000 new charging piles this year, according to local media. HK (Image credit: Li Auto) Li Auto (NASDAQ: LI) is starting to build out its charging infrastructure as its first all-electric model is set to be launched this year.

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