Author: Jackson Han
Jackson Han has been covering the China electric vehicle industry for EVMagz.com since becoming a reporter in 2020, focusing on Chinese EV manufacturers, battery technology, charging infrastructure, and smart mobility development across China’s major automotive and technology hubs.
Denza, the premium brand under BYD, has revealed the interior features of its upcoming model, the Z9GT, slated for release later this year. According to a video released by Denza today, the Z9GT boasts a sophisticated interior equipped with three screens at the front: a central horizontal display, an instrument panel screen, and a dedicated screen for the front passenger. The vehicle also showcases on-board refrigerators in both the front and rear, catering to the growing demand for luxury amenities in the competitive Chinese electric vehicle (EV) market. “D-class smart luxury flagship GT, redefining the standard of luxury,” remarked Zhao…
BYD Delivers First 1000 Vehicles in Indonesia, Announces Major Investment in Local Production
BYD, the Chinese electric vehicle manufacturer, marked a significant milestone on July 1 by delivering its first batch of 1000 vehicles to Indonesian customers during a ceremony attended by BYD Founder and CEO Wang Chuanfu. The event showcased models including the Dolphin, Seal, and Atto 3, which were introduced to the Indonesian market earlier this year. Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced at the launch that BYD plans to invest 1.3 billion USD in establishing a car factory in the country. This facility is expected to have a production capacity of 150,000 vehicles and will commence construction…
Tesla’s Model Y has been included in a list of electric and plug-in hybrid models eligible for purchase by a local government in China, as reported by the official Chinese media outlet, The Paper, on Thursday. This marks the first time Tesla’s vehicles have been made eligible for government procurement in China, according to The Paper. On June 6, China’s eastern Jiangsu provincial government published 56 batches of new energy vehicle procurements intended for use as service cars by party, government, and public organizations. Among these, Tesla’s Model Y, produced at the company’s Shanghai factory, and Volvo Cars’ XC40 were…
Candela has announced the delivery of the first Candela C-8 Polestar Edition electric hydrofoil boat, marking a significant milestone in sustainable marine transportation. This unique vessel combines Candela’s renowned hydrofoil technology with Polestar’s advanced electric vehicle batteries, showcasing a partnership aimed at pushing the boundaries of electric boating. The Candela C-8 Polestar Edition utilizes Polestar’s high-performance batteries to power its hydrofoils, which elevate the boat above water for a smoother and more energy-efficient ride. This collaboration underscores both companies’ commitment to innovation in sustainable transportation solutions. Last year, Candela and Polestar announced their collaboration, enabling Candela to integrate Polestar’s industry-leading…
BYD is anticipated to surpass Tesla in battery electric vehicle (BEV) sales this year, reflecting the evolving landscape of the global electric vehicle (EV) market, according to a report by market researcher Counterpoint Research released on July 2. “BYD’s BEV market share is set to surge in 2024, the year it is expected to overtake Tesla in BEV sales,” Counterpoint stated in its report, highlighting the competitive trajectory in the EV sector. BYD, renowned for its rapid expansion in new energy vehicles (NEVs), including BEVs and plug-in hybrid electric vehicles (PHEVs), has emerged as the world’s largest NEV manufacturer. The…
Xpeng Motors (NYSE: XPEV) introduced its latest electric sedan, the Mona M03, marking the debut of its new Mona lineup designed to bolster sales in the latter part of the year. “The Xpeng Mona M03 will be priced under RMB 200,000 yuan ($27,500), with an official launch set for August,” the Chinese electric vehicle manufacturer announced, detailing the pricing and release timeline for its new model. Derived from its acquisition of Didi Global’s EV business, Xpeng’s Mona brand aims to leverage Didi’s mobility ecosystem support and target the national shared mobility market. “We are excited to launch the Mona M03,…
Canada has commenced a 30-day consultation, effective July 2, aimed at exploring measures, including additional tariffs, on electric vehicles (EVs) imported from China, in a move to safeguard its auto industry and bolster its burgeoning EV sector. “As first announced on June 24, 2024, Canada is today launching a 30-day consultation, from July 2, 2024, to August 1, 2024 on potential policy responses to protect Canada’s auto workers and its growing EV industry from unfair trade practices, and prevent trade diversion resulting from recent action taken by Canadian trading partners,” Canada’s Department of Finance stated on July 2. The consultations…
Tesla reported a decline in sales for China-made vehicles last month, reflecting broader market challenges and internal production adjustments, according to data released by the China Passenger Car Association (CPCA). In June, Tesla China sold a total of 71,007 vehicles, including both domestic sales and exports, marking a 2.16 percent decrease from May’s 72,573 units. Compared to June last year, the figures showed a more significant decline of 24.20 percent from 93,680 vehicles. See also: Tesla Beats Delivery Expectations with Record Q2 Performance For the second quarter of this year, Tesla China’s sales totaled 205,747 vehicles, down 16.77 percent year-on-year and…
Nio founder, chairman, and CEO William Li revealed that the company’s upcoming third brand, codenamed Firefly, will operate with its own dedicated battery swap stations, distinct from those used by Nio and Onvo brands. Speaking at a recent user communication event, Li confirmed for the first time publicly that Firefly will not share existing Nio or Onvo stations. Instead, it will feature smaller, container-sized stations with simplified structures, offering additional products such as coffee, according to a video reviewed by CnEVPost. “Nio’s Firefly brand will introduce dedicated smaller stations tailored for its vehicles,” Li stated, emphasizing the brand’s independent operational…
BYD’s plant in Uzbekistan has commenced production with the rollout of its first vehicles, including the BYD Song Plus DM-i Champion Edition, as announced by the Chinese new energy vehicle (NEV) manufacturer on Weibo. The inaugural production event, attended by Uzbek President Shavkat Mirziyoyev and BYD chairman and president Wang Chuanfu, took place at the plant located in Uzbekistan’s Jizzakh region. The Song Plus DM-i, part of BYD’s popular Ocean series and based on the e-Platform 3.0, is currently a sought-after model in China, priced between RMB 129,800 and RMB 169,800. See also: BYD Launches Third Electric Vehicle in Japan, Introduces…
EU Adjusts Proposed Tariffs on Chinese Electric Vehicles After Industry Feedback – Report
The European Union has slightly revised its proposed tariffs on electric vehicles (EVs) imported from China following consultations with affected companies, Bloomberg reported on June 26, citing sources familiar with the matter. According to the report, SAIC Motor Corp will now face additional tariffs of 37.6 percent, down from the initially proposed 38.1 percent. Similarly, Geely Automobile Holdings Ltd will see tariffs at 19.9 percent, slightly lower than the previous 20 percent. Meanwhile, BYD’s tariff remains unchanged at 17.4 percent. See also: China’s EV Production to Surpass 10 Million Units in 2024 The new provisional rates are set to be imposed…
CATL has reported progress in its electric manned aircraft partnership project, targeting a range of about 2,000 to 3,000 kilometers by 2027-2028, according to Chairman Robin Zeng. Zeng disclosed this information at the 15th World Economic Forum Annual Meeting of the New Champions, also known as the Summer Davos Forum, in Dalian, China. This marks the first time the company has revealed details about the range of its electric aircraft. See also: Rolls-Royce and CATL Collaborate on Energy Storage Solution for European Market CATL has successfully test-flown a 4-ton civil electric aircraft and plans to introduce an 8-ton civil electric aircraft…