China EV insurance registrations for week ending May 5: Nio 3,600, Tesla 11,000, BYD 52,600, Xiaomi 1,300
Li Auto had 5,300 insurance registrations last week and Xpeng 1,400.
Global EV battery market share in Jan-Mar 2024: CATL 37.9%, BYD 14.3%
CATL continues to be No. 1, but with a slightly reduced share from Jan-February. BYD is back in second place, overtaking LG Energy Solution.
Onvo L60 seen without camouflage next to Nio swap station
This is the first time the side of the Onvo L60 has been seen in its entirety without camouflage, showing that the model looks somewhat similar to Nio's coupe SUV model, the EC6.
Nio sub-brand Onvo to use BYD batteries, report says
BYD has been renovating its battery pack production lines in Anhui province and will supply smaller a battery pack for a version of Onvo's new EV, according to Reuters.
Nio provides 65,779 battery swap services on average per day in Apr
On average, each Nio user made four battery swaps in April, each lasting about three minutes.
BYD Shark pickup to make global debut in Mexico on May 14
"BYD Shark, Hybrid Power, Wild Spirit," BYD writes.
Chinese eVTOL maker Ehang completes passenger-carrying demo flight in UAE
Ehang completed a passenger-carrying demo flight of the EH216-S in the UAE, and the local debut flights of the EH216-F for high-rise firefighting and the EH216-L for air logistics.
Nio sub-brand Onvo's website goes online
Onvo's website address is onvo.cn, and the text in the center of the page reads "First model L60, stay tuned."
Local Chinese carmaker's overseas sales up 40% in Q1; SAIC, Chery contribute lion's share
Xpeng had overseas sales of 1,783 units, Nio 388 units and Leapmotor 271 units in the first quarter.
Li L6 orders exceed 41,000 units, says Li Auto
Li Auto has updated the purchase entitlements offered for the Li L6, reducing them by RMB 5,000 from the initial ones.