Phate Zhang
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Exclusive: BYD's production capacity remains stable, says source close to NEV maker
BYD's sales have grown steadily, and its production capacity has remained stable, a source close to the company told CnEVPost.
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Huawei-backed Luxeed begins offering discounts as price war looks set to continue
Luxeed is offering consumers who buy its cars before July 31 a cash discount of RMB 20,000 ($2,790), becoming the latest participant in China's auto price war.
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BYD slows production, cutting output at some factories by a third, report says
BYD has slowed production and expansion in recent months, reducing shifts at some of its Chinese factories and delaying plans for new production lines, Reuters reported.
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BYD Changsha sets sail, as BYD's 6th car carrier joins fleet
BYD's sixth car carrier, BYD Changsha, set sail today, just days after BYD Xi'an entered service.
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China EV insurance registrations for week ending Jun 22: Nio 3,250, Tesla 13,800, Xiaomi 4,600
Nio Inc, including the Nio, Onvo, and Firefly brands, saw 5,170 insurance registrations in China last week, up 9.30 percent from the previous week.
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Nio Firefly launches BaaS plan, lowering purchase threshold by over 30%
Firefly launched BaaS car purchase plan, lowering starting price to RMB 79,800 ($11,120), a drop of over 30 percent from the starting price that includes the battery pack.
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China sees 33% drop in car imports in Jan-May, with US cars plummeting 48%
In January-May, China imported 180,000 cars, down 33 percent year-on-year, marking a rare sharp decline for January-May in recent years.
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BYD offering rebates to dealers in China, report says
BYD is offering rebates to its dealers in China of RMB 666 ($93) per vehicle, according to a local media report.
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Nio Onvo to begin pre-sales of L90 in early Jul
The L90 will begin pre-sales in early July, with display vehicles available at all Onvo stores, according to Onvo president Shen Fei.
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Xpeng's flying car unit appoints first CFO as it eyes IPO
Du Chao, a Wall Street banker with extensive experience in overseas IPO financing, has joined Xpeng Aeroht.
