Neta starts pre-sales of EV model built on CATL skateboard chassis
Neta started pre-sales of the Neta S shooting brake CIIC 800 V variant with a starting price of RMB 189,900 ($26,650), with deliveries expected to begin in November.
Baidu-backed Jiyue begins pre-sales of Jiyue 07 sedan with price starting at $30,300
Jiyue has begun pre-sales of the Jiyue 07 at a price of RMB 215,900 ($30,300), with the model set to go on sale on September 10.
Tesla asked Canada for lower tariff rate on its China-made EVs, report says
Tesla had approached Ottawa to lower tariffs on its cars ahead of Canada's announcement this week of a 100 percent tariff on China-made EVs, Reuters reported.
China NEV retail at 718,000 in Aug 1-25, up 18% from same period last month
China's NEV retail penetration was 55.1 percent in the August 1-25 period, and 44.3 percent year-to-date.
BYD sees Q2 net income double from Q1, gross margin slips
BYD's net income in the second quarter was up 98.36 percent from the first quarter, while gross margin was 18.69 percent, down 3.19 percentage points from the first quarter.
China Aug EV sales preview: Deutsche Bank expects Nio at 20,000, Tesla 65,000, BYD 370,000
Nio's retail sales in August are estimated at around 20,000 units, flat year-on-year and flat sequentially, Deutsche Bank said.
Li Auto sees net income rebound in Q2 while gross margin slips further
Li Auto reported second quarter results that were generally in line with expectations, with net income up 86.24 percent from the first quarter while gross margin slipping to 19.5 percent.
Shanghai auto show 2025 to be held in Apr 25-May 2 next year
The last Shanghai auto show was held in April 18-27, 2023, with 1,413 vehicles on display, including 513 NEVs.
Xpeng's in-house AI chip for EVs, robots, flying cars hits major milestone
Xpeng's Turing chip saw a successful tape-out, with one chip having three times the computing power of the autonomous driving chip it currently uses.
Xpeng launches Mona M03 to rival Tesla Model 3 at half price
Xpeng announced shortly after the launch event that the Mona M03 saw firm orders exceed 10,000 units in 52 minutes.
