Lei Kang
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Neta raises vehicle prices by as much as $870 as subsidies exit
Neta's sales of 152,073 units in 2022 are the highest of China's major new car makers, but its flagship model starts at half the average sales price of Nio models.
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Leapmotor would have to sell at least 400,000 units a year to break even, CEO says
Scale is important for a car company, and without scale it's impossible to be profitable, said Leapmotor's CEO.
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Global EV battery market share in Nov: CATL 40.9%, BYD 15.6%
CATL's installed power battery volume from January to November was 165.7 GWh, ranking first with a 37.1 percent market share.
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Nio Capital leads Series A funding round in local battery recycling firm
Ruilong was founded in 2016 and has four recycling plants, three of which are already in operation.
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Tom Zhu's role expands to cover Tesla's North American and European sales operations, reports say
Tesla China chief Tom Zhu has reportedly been promoted to run the electric vehicle maker's US assembly plants as well as sales operations in North America and Europe.
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BYD Dec sales breakdown: Song 70,079 units, Han 29,468 units
For the full year 2022, the Song family sold 478,120 units and the Han family 274,015 units.
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GAC Aion unveils Hyper GT, 2nd model of its Hyper brand
The Hyper GT has a wind resistance coefficient of only 0.19 Cd, the lowest of any production car in the world, GAC Aion.
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Jidu unveils ROBO-02 sedan, its 2nd model, at Guangzhou auto show
ROBO-02 has no door handle like ROBO-01, and the doors can be opened using voice and Bluetooth included.
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Nio's battery swap technology wins prestigious award in China
Nio's battery swap technology beat out 25 competitors in the final selection.
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Li Auto to launch new SUV Li L7 on Feb 8
The Li L7 is a five-seat version of the Li L8 and will be offered in two variants with starting prices of RMB 339,800 and 379,800 respectively.









