Nio files to use LFP batteries that could bring down costs
Offering new variants with LFP batteries is a means for some EV makers to cut prices, and Xpeng's LFP version of the P7i, launched last month, has lowered the starting price by RMB 26,000 yuan.
Nio re-files 8 models on sale under its own name after gaining car-making qualification
Nio has re-filed all eight models, with the biggest changes being the switch of the manufacturer's name from JAC to Nio and the removal of the JAC logo from the rear of the vehicles.
Tesla sells 65,504 vehicles in China in Nov, exports 16,928 from Shanghai plant
Tesla's share in China's BEV market was 11.87 percent in November, up from 5.78 percent in October.
Xpeng offers up to $3,630 limited-time discount on P7i
Xpeng launched the P7i in China on March 10, and on November 6 rolled out two lower-priced versions of the model with LFP battery packs.
Gotion's Thailand JV sees 1st battery pack roll off line
Gotion's joint venture plant in Thailand has a planned capacity of 2 GWh of battery packs per year for the first phase, which will be expanded to 8 GWh in the future.
Nio denies after report says it's considering further job cuts
A report earlier today said some of Nio's departments were asked to prepare reserve lists of layoffs, which may widen the original dismissals to 20 percent to 30 percent.
Zeekr to unveil in-house developed battery that will 1st be used in Zeekr 007
Zeekr will hold Zeekr Power Day 2023 on December 14, when a new battery product will be unveiled.
Tesla plans to restart Giga Shanghai phase 3 project, report says
Tesla plans to restart the third phase of Shanghai plant project, possibly focusing on the production of the $25,000 model, according to local media.
New model to be unveiled on Nio Day 2023 could be ultra high-end sedan 'ET9', says Deutsche Bank
The model would be a low-volume car, but may serve as a halo vehicle to generate excitement around the brand, Deutsche Bank said.
Nio to spin off its battery production unit, report says
The spin-off could take place as early as the end of this year, after which the battery unit will seek external investors, according to Reuters.