China EV weekly

Weekly updates for the latest and greatest news on EV market in China.

EP25: Tesla Cancels Factory Plans in South East Asia

Hello, our dear EV audiences. Welcome to this week's China EV weekly. Today is August 19th. We are a bit late this week but we will still bring you the latest news in the China EV market.We will cover you00:54 Tesla Cancels Factory Plans in South East Asia02:45 NIO Launches Its First Fourth-Generation Battery Swap Station in Beijing04:06 Waymo Faces Challenges Due to US Tariffs on Chinese EVs05:33 Audi to Integrate Huawei's Intelligent Driving Systems in Its Vehicles07:58 Price War Intensifies in Heavy-Duty Truck Market with big DiscountsReady to go? Let's go!

08-18
10:52

EP24: Tesla Vindicated in "Brake Failure" Lawsuit

Hello, our dear EV audiences. Welcome to this week's China EV weekly. Today is August 11th. Yesterday it was Chinese Valentine's Day, and today we will bring you the latest news in the China EV market.We will cover you:01:00 Tesla Vindicated in Brake Failure Lawsuit after 3 years03:46 GAC Fiat Chrysler Factory Faces Second Unsuccessful Auction After Price Drop06:34 Automakers Amidst a Price War: Only Two Companies Achieve Over 50% of Annual Sales Target12:14 China Continues to Lead Global Auto Exports in First Half of 202415:31 Fortune Global 500: Eight Chinese Auto Firms Make the List, BYD and CATL Show Significant GainsReady for this week? let's go!

08-10
19:59

EP23: Xiaomi Invests 842 Million in Land for Second Factory

Hello, our dear EV audiences. Welcome to this week's China EV weekly. Today is August 4th, we will bring you the latest news in the China EV market. We will cover you00:55 Xiaomi Invests 842 Million Yuan in Land for Second Phase of Automobile Factory03:39 Leap motor’s first  2 Models Bound for Europe, Plans for 200 Sales Outlets by Year-End05:24 BYD Secures Major Electric Vehicle Deal with Uber for 100,000 Cars08:09 Daily Earnings Exceed 100 Million RMB: CATL’s Half-Year Performance summary11:27 Chinese Carmakers Capitalize on Paris Olympics for MarketingReady for this week? let's go!

08-03
13:48

EP22: EU May Reduce Tariffs on EVs from Volkswagen and BMW

Hello our dear EV friends, welcome to this week's China EV weekly. Today is July 28th and we will bring you:00:48 EU May Reduce Tariffs on Chinese-Made Electric Vehicles from Volkswagen and BMW03:34 Volkswagen and XPeng Deepen Partnership: Joint Development of Electric Architecture05:48 Honda's Major Production Cuts and the Shift to Electric Vehicles in China08:08 SAIC group Delivers World's Largest Clean Energy Ro-Ro Ship to support export of local cars10:20 And a special report on: Who is  Buying BMWs inChina now?Ready togo? Let's start the E-machine!

07-27
14:18

EP21: Turkey Cancels Additional Tariffs on BYD cars

24072101:05 Turkey Cancels Additional Tariffs on Chinese Cars while BYD Invests $1Billion in Turkish Plant03:01 Chinese Electric Vehicle Market Faces Major Shakeup,Analysts PredictOnly 1 in 7 Automakers Will Be Profitable by 203005:02 China's Largest Car Dealer Faces Delisting AmidFinancial Struggles08:14 Major Automakers Withdraw from Price War in China10:14 Baidu's Sixth-Generation Robotaxi equips 4 lidars12:04 BYD's Annual Sales Forecast Raised to 4 Million Units,Overseas MarketsExpected to Maintain High Profit MarginsEnjoy :)

07-21
16:14

EP20: BYD Invests $1 Billion in Turkey for new EV plant

Hello our dear audiences, welcome to this week's China EV weekly. Today is July 14th, we will bring you00:57 BYD Invests $1 Billion in Turkey for new EV plant and engineering center03:18 BYD's Denza Aims to Challenge Luxury Brands in Europe06:12 Market analysis on BYD Producing Electric Vehicles inThailand10:41 SAIC-GM Sales Decline Sharply in June14:53 Chinese Cars Dominate Russian Market Amid Western Brands' Exit18:40 BMW Seeks to Lower Import Tariffs on Chinese-made Electric MINI Cooper20:17 Baidu’s Autonomous Taxis Flourish in WuhanA lot of info this week, let's buckle up and start the trip!

07-14
24:50

EP19 In depth: Will Huawei Eventually Make Cars?

Hello our dear audience! today is July 9th, welcome to this special episode of China EV weekly.Today we will focus on Huawei, on its car business unit.Some of you may know, Aito ( also named 问界 in Chinese), a car brand produced by Seres motor but developed and owned by Huawei, has become one of the best selling new energy vehicles brand in China. Recently Huawei sold Aito cars trademarks and patents to their partner Seres motor. This brings a lot of discussions in the China internet and social media, asking what is behind this and, an ultimate question has been asked many timesWill Huawei Eventually Make Cars?

07-08
08:25

EP18: Volvo announced manufacturing site change for EX30

Hello dear audience, welcome to this week's China EV weekly. Today is July 7th, we will cover you01:12 Volvo announced manufacturing site change after new tariffs imposed on Chinese manufacturer04:41 Geely Auto's Q1 Revenue and Profit Surge Amidst Sales Boom06:30 BYD's Landmark Delivery in Indonesia: A Thousand New Energy Vehicles Hit the Road07:45 Toyota Explores Lexus "Domestic" Production in Shanghai10:04 Beijing's Autonomous Vehicle Regulations: set clear demarcation of traffic accident liability11:48 Chinese Dominance in the Global Automotive LiDAR Market - 2024 Automotive LiDAR Market Report14:56 Volkswagen and SAIC Collaborate on Electric and Plug-in Hybrid Vehicles Following $5 Billion Investment in RivianBuckle up, let's get it started!

07-06
19:07

EP17: Nissan Shuts Down Changzhou Plant Amid Declining Sales

Welcome to the this week's China EV weekly!01:20 Nissan Shuts Down Changzhou Plant Amid Declining Salesin China03:26 BYD Electric Sedan Enters the Japanese Market05:29 BYD's Uzbekistan Plant Rolls Out First Batch of NewEnergy Vehicles07:15 Rumors About Xiaomi SU7's Nürburgring Lap TimeDebunked08:43 Taobao and Xiaomi Collaborate on "Virtual TestDrives"09:25 Great Wall Motors to Establish New Plants in Malaysia,Indonesia, and Vietnam10:29 CATL Ranks Fourth in Global Top 100 Auto PartsSuppliers List12:35 Xpeng's Head of Autonomous Driving DiscussesChallenges of Tesla's FSD in China

06-30
14:17

EP16: Buffett Continues to Reduce Stake in BYD

Good morning, our dear EV fans. welcome to this new episode of China EV weekly.Today is June 23rd, we will bring you below latest news happened in China last week01:17 Buffett Continues to Reduce Stake in BYD, Cashes Out Over 300 Million HKD03:38 Chery Responds to EU’s 21% Tariff: Local Production in Europe to Mitigate Impact05:30 Six-Year Legal Battle Concludes: Geely Wins Technology Secrecy Lawsuit Against WM Motor,Awarded 89 Million US dollors08:22 Chery's Technological Leap: Reviving the Freelander with Jaguar Land Rover11:36 Leapmotor’s Strategic Move: Local EV Production in Poland13:14 Avatr Enters Middle East Market: Strategic Partnership with UAE's Leading Luxury CarDealer Al Saqer Group15:14 BYD Enters the Insurance Market:  Lower Costs and Enhance EV ServicesAre you Ready for this week? Let's go!

06-22
17:55

EP15: Xiaomi SU7 Spotted Testing at Nürburgring

Hello! Our dear EV audiences. Welcome to this new episode of China EV weekly. Today is June 16th and we will bring you00:54 Xiaomi SU7 Spotted Testing at Nürburgring, Aiming for Record Performance03:04 Tesla May Raise Model 3 Prices in Europe Following EU Tariff Increase on Chinese EVs05:08 Germany'sAuto Industry Association Criticizes EU Tariffs on Chinese EVs06:24 XPeng and Didi to develop a car for the B2B market08:14 A New "Muscle Contest" Begins: CATL and BYD to Launch 6C Power Batteries11:16 AutoIndustry Titans Clash in Chongqing: Price Wars, Market Dynamics, and the Future of EVsSo let's buckle up and start right away!Full script can be found belowhttps://mp.weixin.qq.com/s?__biz=MzkyNjcwMzM2Nw==&mid=2247483761&idx=1&sn=b065008e5bc3e7568cfc8fda4bf5d920&chksm=c2320b19f545820f2591c7ecff8fde4e4f9749a6389a479ac5a88e679365800b903b5e211f6c&token=1066400891&lang=zh_CN#rd

06-15
14:18

EP14 special: EU to Impose Tariffs on Chinese EVs

On June 12th, 2024, the EuropeanCommission announced that it will impose tariffs on the import of pure electric vehicles from China starting July 4th, a move that quickly attracted wide spread attention and discussion in the international automotive industry.According to the European Commission's announcement, the decision to impose tariffs came after an anti-subsidy investigation into electric vehicles imported from China. Different rates of anti-subsidy duties were levied against three Chinese car companies that were sampled: BYD with a rate of 17.4%, Geely at 20%, and SAIC Group at a high of 38.1%.For electric vehicle manufacturers involved in the investigation but not sampled, an average anti-subsidy duty of 21% will be imposed.For companies that did not cooperate with the investigation, they will face an anti-subsidy duty as high as 38.1%.Tesla will have a different tariff rate but not yet released the specific duty rate at this moment.It is worth noting that the tariffs imposed this time are in addition to the existing 10% import tariffs. This means that Chinese car companies exporting electric vehicles to the EU will face higher tariff barriers.In addition, the announcement also pointed out that imported goods registered before the implementation date of temporary measures (i.e., April 5th, 2024) may be retroactively levied with import tariffs.The decision to impose tariffs has had a direct impact on the export business of Chinese car companies. According to statistics, in2023, the total export volume of passenger cars from Chinese car companies toEurope was 910,000 units, of which pure electric vehicles accounted for 624,000units. The EU region, as one of the important export markets for Chinese car companies, this additional tariff will undoubtedly bring considerable pressure...

06-14
07:52

EP13 In depth: How Chinese Car Break Through in Export?

Western and American Encirclement, Japanese and Korean Vigilance: How Can Chinese Car Brands Break Through in the Era of Going Global 2.0?Data can prove how rapidly Chinese car exports have developed in recent years:In 2021, China's car export volume reached 2.015 million units, surpassing South Korea to become the world's third-largest car exporter; in 2022, China's car export volume reached 3.4 million units, surpassing Germany to become the world's second-largest car exporter after Japan; in 2023, China's car export volume reached 5.221 million units, while Japan's was 4.42 million units, making China the world's largest car exporter for the first time, a position Japan had held for seven years.Twenty years ago, in 2003, China's car export volume was less than 50,000 units....Thank you for joining us, and have a fantastic day ahead!

06-10
28:36

EP12: China's EV Hold 67% of Global Market Share

Welcome to this week China EV weekly, your best source to get update for China electric car industry and beyond. Today we will cover you:01:00 China's New Energy Vehicles Hold 67% of Global Market Share in Early 202404:02 China's MIIT Seeks Public Opinion on Banning Single-Pedal Mode05:53 Ford's Quest for Affordable Electric Vehicles, Aims to Replicate China's Success08:10 China Unveiling the First Wave of L3 Players11:20 BYD Secures Tesla's Energy Storage Battery Order, Estimated Annual Value 3.5 Billion13:47 Polestar CEO Puzzled by New U.S. Tariffs on Chinese-Made EVsNow!let's get the e-machine started!Full script can be found below: https://mp.weixin.qq.com/s?__biz=MzkyNjcwMzM2Nw==&mid=2247483695&idx=1&sn=3c3bad8afdfa917b90d40d9c191c8666&chksm=c2320b47f5458251abdf6c72190678ada8203ddf85663c194ebbff75f4f329d8ec332d7c7fd4&token=1472891166&lang=zh_CN#rdFeel free to leave any comments or questions you have. Thank you for your time.

06-09
16:35

EP11 special: China EV May Sales Summary

New Energy Vehicle Companies See Sales Rebound in May:On June 1st, several new energy vehicle (NEV) companies reported their May sales figures, showing a notable rebound despite the traditional off-season for car sales. This recovery comes amidst intense price and promotional battles, with several companies posting significant month-on-month and year-on-year increases.Li AutoNIOLeapmotorXPengNETAXiaomiHuawei's AITOGAC AionZeekrLantuAvatrThe China Passenger Car Association predicts that the narrow passenger car retail market in May will be about 1.65 million units, a 5.3% year-on-year decrease but a 7.5% month-on-month increase. New energy vehicle retail sales are expected to reach 770,000 units, a 32.7% year-on-year increase, with a penetration rate of 46.6%.

06-03
07:28

EP10: Porsche China Dealers Protest Amid Slumping Sales

HelloEV friends!  welcome to this new episode of China EV weekly, today we will cover you00:47 Porsche China Dealers Protest Amid Slumping Sales03:38 BYD Sues Popular Influencer for Defamation, Seeks 5 Million Yuan in Damages05:52 Xiaomi's Venture into Automobile Manufacturing Drives Remarkable Growth09:03 Renault Group and Geely Establish HORSE Powertrain Limited10:45 GreatWall Motors Closes European Headquarters Amid Market Challenges13:59 China's Solid-State Battery "National Team" on the Horizon with $6 BillionInvestmentBuckle-up, let's start for this week!

06-02
17:08

EP9 special: SGM's Sales Plunge Leads to Factory Closure

In a striking turn of events, SAIC General Motors (SGM), once a beacon of China's thriving automotive industry, now confronts a significant downturn. With sales plummeting by nearly 40%, the company is reportedly planning an extended break for its production line workers, potentially affecting all major production bases across China.This extended leave, rumored to last 2 to 3 months, is not merely a high-temperature holiday, traditionally a respite for workers during the hottest months.Instead, it's a direct response to the rapid decline in SGM's vehicle sales.The move raises questions about the continuity of wages for production line employees during this period....

06-01
12:53

EP8 special: BYD Unveils 5th-Generation DM Technology

Special episode for BYD new DMI system and launch of their 2 new cars, Qin L and Seal 06 DM-i. Will this become a new game changer for the automotive industry?

06-01
10:44

EP7: China's EV Industry Embraces Battery Swap Technology

Welcome to the China EV Weekly, your go-to podcast for the latest insights and trends shaping the electric vehicle landscape in China and beyond. Today we will cover you01:05 China's Electric Vehicle Industry Embraces Battery Swap Technology02:47 Turkey Engages in Advanced Talks with BYD and Chery for Factory Investment04:28 SAIC Motor and Audi Sign Formal Cooperation Agreement to Launch New Electric Models by 202505:19 Polestar is reported of Violating NASDAQRegulations06:57 Xiaomi SU7 Smart Driving Failures Lead to Car Buybacks07:59 CATL Chairman Mobilizes for Global Expansion: "Heroes" Who Go Overseas09:34 Faraday Future Revives from DelistingThreat11:25 BYD Launches Electric Double-Decker Bus BD11 in the UK with New Blade Battery12:42 Brazilian Market Draws Chinese Automakers Amid Rising TariffsSo, buckle up and let's power up for this week!Full scrip for today's podcast you will be able to find here.https://mp.weixin.qq.com/s?__biz=MzkyNjcwMzM2Nw==&mid=2247483666&idx=1&sn=0964703cb12e7585b15f30459eb8a4e0&chksm=c2320b7af545826c9b073bcb3a693ca8cc1d834d5b2df8cfc1211f0e8e1aa906b0c8a131666a&token=2125202436&lang=zh_CN#rd

05-26
17:46

EP6: NIO launch their second brand Onvo

Welcome to another episode of "ChinaEV weekly,"  your dedicated podcast for all the latest and most relevant news in the electric vehicle industry in China. Today, we will cover you01:16 - NIO launch their second brand Onvo(乐道), aiming for its Second Growth Point04:20 - Xiaomi Expands Production: "DoubleShift Mode" and Phase II Factory Land Enters Demolition Stage05:44 - Leap Auto (零跑汽车)  launch their International JV together with Stellantis07:10 - Aiways Auto (爱驰汽车)Shifts Focus to Europe with Planned Spac Listing in the U.S., whilegiving up China market09:32 - Li Auto Initiates Personnel Optimization11:21 - Honda's Financial Triumph and the Chinese Market Challenge14:01 - GAC Honda Initiates Major Layoffs Amid Industry Shift16:09 - And last but not least, we will follow upon the US new tariff towards Chinese eV cars.So let's buckle up, get the e-machine start!

05-19
21:29

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