Lei Kang

The company's business scope includes energy storage technology services and solar power technology services, and may be the operating entity for Tesla's energy storage business in China.

The U8, the first production model of the Yangwang brand, is a hardcore off-road SUV that will be priced at the RMB 1 million level.

Nio aims to have more than 2,300 battery swap stations in China by the end of 2023, and the number stood at 1,342 as of April 13.

This article shares the CPCA's rankings of the best-selling models and car companies in China for March.

The ID.7 is 4,956 mm long and is powered by an electric motor with a peak power of 150 kW.

The Denza N8 is 4,949 mm long and will be available in two pure electric versions and two plug-in hybrid versions in the powertrain.

CATL's share of the LFP market in March was 39.47 percent, higher than 38.88 percent for BYD, which was No. 1 in the LFP market in both January and February.

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations.

 This is the first time Nio has mentioned the existence of the new ET7, after rumors began to emerge last month.

In retail, China's NEV penetration rate was 34.2 percent in March, up 6 percentage points from 28.2 percent in March 2022 and up from 31.6 percent in February.