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So far this year, China’s passenger NEV retail sales amounted to 5,482,000 units, up 34 percent year-on-year. https://img.cnevpost.com/2023/10/18184518/2023101810451898.mp3 (Image credit: CnEVPost) From October 1 to October 15, China’s passenger new energy vehicle (NEV) retail sales stood at 294,000 units, up 42 percent year-on-year and up 8 percent from the same period last month, according to data released today by the China Passenger Car Association (CPCA). So far this year, retail sales of passenger NEVs in China stood at 5.482 million units, up 34 percent year-on-year. From October 1 to October 15, China’s passenger NEV wholesale sales were 291,000 units, down…

Xpeng said it will unveil its cutting-edge technology roadmap for autonomous driving and mobility ecosystem, including its smart EVs and robotics. https://img.cnevpost.com/2023/10/18181341/2023101810134159.mp3 Xpeng (NYSE: XPEV) will hold its annual Tech Day event next week, with autonomous driving technology, robotics, and artificial intelligence (AI) expected to be the key topics. Xpeng will hold its Tech Day 2023 event on Tuesday, October 24, the Chinese electric vehicle (EV) maker said in an English-language statement today. Xpeng will unveil its cutting-edge technology roadmap for autonomous driving and mobility ecosystem, including its smart EVs and robotics, the company said. A live Chinese-language broadcast of…

Nio is committed to a direct sales network in Europe, and the Firefly project is evaluating multiple channel models in Europe, including direct and dealer models, it said. https://img.cnevpost.com/2023/10/18171112/2023101809111273.mp3 (Image credit: CnEVPost) Nio (NYSE: NIO) said its main brand remains committed to a direct sales model in Europe, while a sub-brand codenamed Firefly will have more flexibility, after a report that it was considering a distributor network in Europe generated buzz. “There are no changes to the way the Nio brand is marketed and vehicles are sold in Europe,” the EV company said in a response shared with CnEVPost. Nio…

After Nio’s president said last month that European sales had fallen short of expectations, the company has begun evaluating dealers in key European markets, according to Reuters. https://img.cnevpost.com/2023/10/18162723/2023101808272321.mp3 (Image credit: CnEVPost) Nio (NYSE: NIO) is reportedly considering a dealer network in Europe, which if true would signal a departure from the company’s previous insistence on moving its direct sales model overseas. Nio is considering building a dealer network in Europe to speed up sales growth, Reuters said in a report today, citing three people familiar with the matter. The Chinese electric vehicle (EV) maker has begun assessing dealers in key…

Shares of Xpeng have fallen back to the level prior to the Volkswagen deal, despite improving operations and strategic opportunities, Morgan Stanley noted. https://img.cnevpost.com/2023/10/18152342/2023101807234248.mp3 Xpeng (NYSE: XPEV) has lagged two other peers — Nio (NYSE: NIO) and Li Auto (NASDAQ: LI) — over the past week, falling 4.89 percent in the US on Monday. Analysts at Morgan Stanley shared their thoughts on this in a research note, remaining bullish on the Chinese electric vehicle (EV) maker. Worries over competition and, to a lesser extent, third-quarter margin, dampened share price performance: the ADR of Xpeng fell 4.9 percent on Monday, while…

Smart, the European carmaker that established itself by making very small city cars in the 1990s, has revealed a new base trim level for its entry-level electric crossover dubbed #1. With a base price of €37,490 in Germany, which is about $39,700, the new “Pro” variant is powered by a 49-kilowatt-hour lithium iron phosphate (LFP) battery that’s good for a WLTP-rated driving range of 192 miles (310 kilometers), which should be enough for the urban streets of major European cities. For reference, all the other trim levels get juice from a slightly larger, 66-kWh nickel cobalt manganese (NCM) battery that…

WM Motor has denied reports that its founder Freeman Shen has fled to the US, leaving behind nearly RMB 40 billion in investments and debts. https://img.cnevpost.com/2023/10/18141821/2023101806182132.mp3 (Image credit: CnEVPost) Financially troubled Chinese electric vehicle (EV) startup WM Motor filed for a so-called “pre-restructuring” last week, and recent rumors have suggested that its founder has fled to the US to escape a massive debt. Now the company has clarified. WM Motor has not filed for bankruptcy, and is currently in the pre-restructuring phase accepted by the Shanghai No. 3 Intermediate People’s Court, it said in a statement posted on Weibo today.…

Li Auto today shared five more images of the Li Mega and hinted that the MPV’s wind resistance will be as low as that of a coupe. https://img.cnevpost.com/2023/10/18112613/2023101803261319.mp3 Li Auto (NASDAQ: LI) has shared more images of its first battery electric vehicle (BEV) model, the Li Mega, after the company’s CEO shared images yesterday that sparked widespread discussion in China. Li Auto today shared five images of the Li Mega MPV (Multi-Purpose Vehicle) on its social media platforms, showing the model’s exterior design from all angles. “Can an MPV achieve the wind resistance of a coupe?” Li Auto wrote on…

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! During a recent sighting of the Tesla Cybertruck, something unique caught the attention of onlookers — a special Sentry Mode graphic that adds character to the electric pickup truck. Sentry Mode, first introduced in February 2019 in response to security concerns, uses the vehicle’s cameras to keep a watchful eye on its surroundings and notify owners if any suspicious activity is detected. It also records footage in case of a break-in, which can be useful for authorities. Cybertruck Sentry Mode pic.twitter.com/EFcXDBOtn4 — Greggertruck (@greggertruck)…

The Australian High Court has reversed a tax on EVs levied by the Victorian state government, which was hailed as the “worst EV policy in the world” as it taxed EVs and not gas-powered vehicles. In 2021, the Victorian State Government proposed a tax on EVs, with the rationale that it needed to make up lost road revenue, a common fossil-industry talking point used in attempting to disadvantage EVs. The proposal was met with opposition from businesses across the automotive, green, and healthcare sectors, and was heavily lampooned for how bad of an idea it was. And yet, the state…