Lei Kang

The 450-MWh battery storage project will be deployed in Texas and is expected to begin commercial operations in 2024.

Analysts expect Leapmotor's sales to start improving gradually in the second quarter, meeting the company's guidance of selling more than 30,000 units in the quarter.

The Rising F7 starts at a price range of RMB 209,900 ($30,490) to RMB 301,900, or RMB 145,900 in battery rental mode.

Denza will announce the appearance of another SUV N8 in the near future, and Denza D9 MPV will next be sold in other regions including Hong Kong, Macau, Europe.

In January-February, Chery's NEV sales were 13,293 units, down 57.6 percent from 31,367 units in the same period last year.

Hesai shipped 80,462 LiDAR units for the full year 2022, up 467.5 percent year-on-year.

Evergrande NEV's only model currently on sale, the Hengchi 5, has delivered more than 900 units, according to an exchange announcement.

Passenger cars integrated with Driver 3.0 will be available at an established car brand this year, DeepRoute said.

Reducing prices to deal with inventory and properly recover costs are normal business practices, but these tactics should not turn into price wars, the CAAM said.

The Nio House is located in the Rotterdam Centrum neighborhood of Rotterdam, the second largest city in the Netherlands.