Phate Zhang
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China EV insurance registrations for week ending Nov 24: Nio 4,000, Tesla 16,700, Xiaomi 4,600, BYD 95,900
Li Auto had 11,600 insurance registrations last week, Xpeng 7,200, Zeekr 6,200, Leapmotor 9,100 and Aito 7,500.
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CATL launches new batteries for heavy-duty commercial vehicles under Tectrans brand
CATL has launched new batteries for heavy-duty commercial vehicles under its commercial vehicle battery brand Tectrans, after previously launching similar products for the logistics and electric bus industries.
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EU officials say not yet close to deal with China on EV tariffs
EU and Chinese officials are discussing alternatives to European tariffs on Chinese EVs, but no solution is imminent, Reuters quoted unnamed European officials as saying.
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Changan, CATL partner to offer battery swap-enabled EVs for ride hailing market
Changan said its Oshan 520, built on CATL's battery swap solution, will bring a new experience to the shared mobility market.
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BYD to launch next-gen blade battery in 2025, exec says
BYD's next-generation blade battery will improve the range of vehicles and extend the life cycle of the battery itself, an executive said.
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[Full text] 'The next two years are crucial for our success,' Nio's William Li says in internal letter
“We must keep launching competitive new products and improving our operational efficiency to double our sales next year and achieve profitability in 2026. These are goals we cannot afford to miss,” Li said.
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EU official hints at possible change on China EV tariffs
Brussels and Beijing are close to reaching a solution on tariffs on Chinese EV imports into the EU, an EU official said.
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Nio celebrates 10th anniversary with over 620,000 users
Nio, founded on November 25, 2014, is starting multi-brand operations, having already launched the Onvo sub-brand and will launch the Firefly brand next month.
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Tesla offers limited-time discount on Model Y in China, extends 5-year, 0-interest financing to Dec 31
Tesla is offering a limited-time discount in China for two less expensive variants of the Model Y, probably because the crossover's major refresh is not far away.
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Nio denies after rumor of acquisition by BYD swirls
A Nio executive has denied a rumor that the company will be acquired by BYD, after the fake information circulated widely on social media.





![[Full text] 'The next two years are crucial for our success,' Nio's William Li says in internal letter](https://cdn.cnevpost.com/wp-content/uploads/2024/11/2024112507415020-480x258.jpg)



