Author: Linda Ma

Chinese electric vehicle maker Nio has standardized its 100‑kWh long-range battery pack across all models sold in China, effectively lowering vehicle prices by up to 38,000 yuan ($13,000), the company said on Monday. The change affects Nio’s ET5, ET5 Touring, ES6, EC6, ET7, and EC7 models, which previously came with 75‑kWh batteries. Starting prices for vehicles equipped with the 100‑kWh pack remain the same as the prior 75‑kWh pricing, but the adjustment reflects an effective reduction of up to 38,000 yuan. The ET5 and ET5 Touring now start at 298,000 yuan, down from 336,000 yuan, while other models see reductions…

Tesla has started nationwide deliveries of the Model Y L in China, a six-seat variant of its best-selling SUV launched in late August, the company said on Monday. “The first nationwide deliveries of the Model Y L have officially begun,” Tesla announced on Chinese social media platform Weibo. Customers placing new orders are expected to receive delivery in October, according to Tesla’s China website. Priced from 339,000 yuan ($47,460), the Model Y L sits alongside the existing five-seat rear-wheel-drive and long-range all-wheel-drive versions, which are priced at 263,500 yuan and 313,500 yuan respectively. Current delivery times for the five-seat variants…

Xiaomi’s electric vehicle unit said on Monday it delivered more than 30,000 units in August, marking the second consecutive month its sales surpassed that threshold. The company, which disclosed the update on its official Weibo account without providing specific figures, had previously reported July deliveries also exceeded 30,000 units. Data from the China Passenger Car Association (CPCA) showed July deliveries reached 30,452, a 19.6% increase from June’s 25,459. Xiaomi launched its first electric sedan, the SU7, in March 2024 as a rival to Tesla’s Model 3. It has since expanded its line-up with the SU7 Ultra, a performance version of…

BYD has reduced prices on select variants of its Qin L EV sedan and introduced a new model equipped with advanced body control technology as competition intensifies in China’s electric vehicle market. The company said at the Chengdu auto show that two existing Qin L EV variants will each be discounted by RMB 10,000 ($1,400) until September 30, lowering their starting prices to RMB 109,800 and RMB 119,800. The move comes alongside the launch of a new version of the sedan fitted with BYD’s DiSus-C body control system, priced at RMB 139,800 before applying the same temporary discount. The Qin…

Li Auto has reached a significant milestone in the development of its in-house autonomous driving chip, the M100, moving closer to mass production as Chinese electric vehicle (EV) makers increasingly focus on proprietary technology, according to LatePost reports. The M100 chip completed prototype production in the first quarter of 2025 and subsequently passed functional and performance testing within two weeks. The chip has already been installed in small batches on prototype vehicles for road testing. The M100 is reported to provide computing power equivalent to two Nvidia Thor-U chips for tasks involving large language models and approximately three Thor-U chips…

China has reinforced its lead in electric vehicle (EV) charging infrastructure, reaching 16.7 million charging points by the end of July, a 53% increase from a year earlier, the National Energy Administration (NEA) said on Tuesday. Wang Hongzhi, director of the NEA, said the country has achieved a ratio of two charging piles for every five vehicles. The figure represents a tenfold expansion since 2020. In the first seven months of 2025, 3.88 million new charging units were added, a 93.2% year-on-year rise, with private charging facilities growing 113.6% to 3.26 million and public facilities up 28.9% to 623,000. The…

China’s BYD will unveil the updated Seal 07 DM-i hybrid sedan this week, featuring a roof-mounted LiDAR sensor aimed at strengthening its advanced driver-assistance capabilities. The company said on social media platform Weibo that the 2026 model-year version of the Seal 07 DM-i will debut on August 29, the opening day of the Chengdu auto show. Official images show the LiDAR system mounted on the roof, a feature not present in the earlier model. According to BYD, “the 2026 Seal 07 DM-i will incorporate roof-mounted LiDAR to enhance safety and intelligent driving performance.” The plug-in hybrid electric vehicle (PHEV) will…

Tesla’s extended wheelbase Model Y L has sold out its September 2025 allocation in China, with new orders now scheduled for delivery in October, according to the company’s local website. The six-seat variant of Tesla’s best-selling crossover was launched earlier this month, with executives stating that the first batch of deliveries would begin in September. “Tesla cars are fun to drive alone, whether you have children or how many children, this car can meet all your needs. We will deliver in September and wait for you to get in the car,” Tesla China Vice President Grace Tao wrote on Weibo.…

Shares of Nio listed in Hong Kong continued to climb, rising more than 13% to HK$51.75, the highest level since October 2024, as investors responded positively to the launch of the company’s third-generation ES8 sport utility vehicle. The stock has gained about 33% over three sessions since the new ES8 debuted on August 21, and is up nearly 90% since July, when Nio’s sub-brand Onvo introduced its flagship L90 SUV. The new ES8, which entered pre-sales on August 21, comes with a standard 100-kWh battery pack and a starting price of RMB 416,800 ($58,190). That represents a reduction of RMB…

China’s Ministry of Industry and Information Technology (MIIT) has released subsidy data for the country’s New Energy Vehicle (NEV) sector, showing that about 1.65 billion yuan (€198 million) was paid to automakers between 2016 and 2020, with state-owned BAIC’s electric unit emerging as the largest recipient. According to the figures, Beijing Electric Vehicle (BJEV), part of BAIC and a shareholder in Mercedes-Benz, received 556 million yuan (€67 million) during the period. Despite that, BJEV’s presence in Europe remains limited, with only its Arcfox brand currently available in Spain. By comparison, BYD – China’s largest private carmaker – received just 15.74…

China’s state-owned Dongfeng Motor Corp said on Friday it would privatise its Hong Kong-listed subsidiary, Dongfeng Motor Group, in a deal valued at HK$55.13 billion ($7.06 billion), while preparing to list its electric vehicle brand Voyah separately. Dongfeng will pay HK$6.68 per share, representing an 11.9% premium to the unit’s last close on August 8 before trading was suspended. The parent company, which currently holds a 13.16% stake in the listed entity, has applied for the resumption of trading on the Hong Kong exchange, according to LSEG data. The decision comes as Chinese automakers face a prolonged price war that…

Nio has launched its third-generation ES8 sport-utility vehicle at a lower price point, with founder and chief executive William Li underscoring that survival remains the company’s top priority as competition in China’s electric vehicle sector intensifies. The new ES8 entered pre-sales this week starting at RMB 416,800 ($58,030) with a 100-kWh battery pack, representing a 25% reduction from the RMB 556,000 starting price of its predecessor. Under the company’s battery-as-a-service (BaaS) plan, the SUV begins at RMB 308,800, compared with RMB 428,000 for the previous model. Nio said the model continues to generate a gross margin despite the lower pricing,…