CPCA expects China's NEV retail sales at 940,000 in Dec, up 11.8% from Nov
China's NEV penetration at retail is expected to be around 41.4 percent in December, up from 40.4 percent in November.
Toyota recalls 25,815 bZ3 EVs in China due to inaccurate remaining power estimate
Some vehicles' dashboards may show a higher remaining battery charge than actual, and in extreme cases, the vehicle can lose power before the charging warning light comes on.
US mulls raising tariffs on Chinese EVs, report says
The US government is discussing raising tariffs on some Chinese goods, including EVs, the Wall Street Journal reported. Chinese EVs currently entering the US are already subject to a 25 percent tariff.
Nio may unveil in-house developed autonomous driving chip at Nio Day 2023, exec hints
Nio's current use of four Nvidia Drive Orin chips is fine for autonomous driving algorithms, but the next generation smart driving chip should do better, an executive said.
Xpeng to discontinue its oldest G3 lineup, report says
Xpeng is planning to stop updating the G3 lineup and may design a new product to replace it, according to local media.
Nio teases core features of ET9: 900 V high-voltage architecture, wire-controlled chassis
The ET9 will be built on a 900 V high-voltage architecture to support faster charging and will also have an intelligent wire-controlled chassis for continuous upgradability, Nio executives said.
WeLion expects to begin volume supply of semi-solid-state battery cells to Nio in Apr 2024
WeLion expects to begin supplying semi-solid-state battery cells to Nio in volume in April 2024, depending on Nio's needs.
Half of Nio's models see longer wait times
Four of Nio's eight models saw slightly longer wait times, while two others saw shorter wait times.
Xiaomi fires 3 auto business employees for unauthorized meetings with investment institutions
They spread a large amount of false and inaccurate information, which seriously misled the market and disrupted the normal operation of Xiaomi's automotive business, Xiaomi said.
Alibaba's planned stake sale should have transient impact on Xpeng shares, says Morgan Stanley
The direct impact of Alibaba's share sale on Xpeng shares should be transient and manageable, Morgan Stanley said.