Li Auto CEO denies raising sales target for this year to 400,000 units
Li Auto finished the first half of the year with more than 130,000 units sold and does not have any ability to sell 400,000 vehicles for the full year, its CEO said.
China NEV insurance registrations for week ending Jun 25: Tesla 16,700, Li Auto 7,500, Nio 3,200
Nio sold 8,000 units between June 1 and June 25. Its previous guidance implied 10,187-12,187 vehicles would be delivered in June.
Chinese self-driving truck startup sued by Pony reportedly winding down
Just 19 months old, Qingtian Truck is nearing a shutdown and employees have been dismissed, according to local media.
Great Wall Motor steps up electrification transition as Tank brand launches 1st NEV model
The Tank brand has launched its first NEV model, the Tank 500 Hi4-T. The brand has sold more than 10,000 fuel-powered vehicles in most months of the past year.
Li Auto reportedly lifts 2023 sales target from 300,000 to 400,000 units
The latest target means that in the second half of the year, Li Auto will need to deliver an average of about 45,000 units per month.
Nio ES7 and ET7 wait times get longer, ES6 gets shorter
Wait times for both the Nio ES7 and ET7 have gone from about 3 weeks to 6-8 weeks, and for the ES6 from about 5 weeks to 3-4 weeks.
Nio in spotlight as fire breaks out at swap station in Guangdong
The station is Nio's first second-generation battery swap station in Jiangmen, Guangdong province, which opened on August 29, 2021.
CPCA expects China Jun NEV retail sales to grow 15.5% MoM to 670,000
This means that the penetration of NEVs at retail is expected to be 36.6 percent in June, up from 33.3 percent in May.
Seres, Huawei's auto partner, delivers 1st vehicles in Europe
Seres delivered Seres 5 vehicles to the first European owners in Norway in cooperation with a local dealer.
Nio reaches 1,500 swap stations in China as it aims for 2,300 by year-end
Nio's battery swap stations in China have served a cumulative total of more than 24 million times today, averaging more than 50,000 services per day.
