Lei Kang

On February 28, 6 units of the new Tesla Model S and Model X entered Chinese customs, according to local media.

Beijing introduced a policy to encourage residents to replace their vehicles with NEVs in June 2022, and it expired at the end of last year.

At the end of January, Li Auto had 272,475 cumulative deliveries and more than 70 percent of its owners had installed home chargers.

Nio's third-generation battery swap stations will be compatible with ALPS models, an executive said.

Nio added three battery swap stations today, bringing the number of the facility in China to 1,320.

Li Auto has an internal goal of 25,000-30,000 monthly deliveries and will aim to achieve that goal in the second quarter.

BYD's battery base in Wenzhou has a planned investment of RMB 6.5 billion, with the first production line expected to start production in 2024.

Nio's F1 plant is operating normally and is preparing for the introduction of new platform models, a spokesperson told CnEVPost.

The price cuts are promotions by some dealers in some areas, and BYD is not considering cutting prices at the moment, a company source said.

Geely Galaxy will launch four hybrid models and three all-electric models in the next two years to target the mass market.