Lei Kang
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China's Oct NEV sales up 5.75% MoM to record 956,000, CAAM data show
Excluding exports, China's NEV sales in October were a record 832,000 units, up 2.9 percent from September.
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Huawei, Chery's joint EV brand Luxeed unveils 1st model, goes on pre-sale with $35,420 starting price
The Luxeed S7, the first sedan jointly created by Huawei and a carmaker, will be officially launched on November 28.
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Nio Oct deliveries breakdown: ES6 at 5,875, ET5 Touring at 3,105
The ES6 remains the best-selling Nio model, but deliveries were down from September, while deliveries of the EC6 coupe SUV were up significantly.
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BYD expands promotion to cover more models
BYD is aiming to sell at least 3 million NEVs in 2023, with nearly 2.4 million sold this year through the end of October.
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China's NEV retail sales up 2.7% MoM to record 767,000 in Oct, CPCA data show
China's NEV penetration rate at retail was 37.8 percent in October, up from 36.9 percent in September.
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TrendForce expects China's power battery price decline to continue into 2024
China's lithium battery industry's overcapacity will continue into 2024, and battery prices will still decline next year, TrendForce said.
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Global EV battery market share in Jan-Sept: CATL 36.8%, BYD 15.8%
CATL and BYD's shares in January-September both declined slightly from January-August.
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China's NEV retail sales up 3% MoM to 765,000 in Oct, preliminary CPCA data show
China's passenger NEV penetration at retail stood at 37.7 percent in October, up from 36.9 percent in September.
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Huawei and Chery's joint EV brand Luxeed to start pre-sales of its debut model on Nov 9
Luxeed shared images of the Luxeed S7 on Weibo, showing off the exterior details of the sedan.
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Xpeng launches LFP battery-equipped variants of P7i with starting price reduced by $3,570
Xpeng launched two new variants of the P7i with a CLTC range of 550 kilometers at a reduced starting price of RMB 223,900.
