Meituan CEO Wang Xing cuts holdings in Li Auto
Wang Xing has cashed out HK$420 million in the past half month by cutting his stake in Li Auto, but remains the NEV maker's largest external shareholder.
China auto sales sluggish on consumer sentiment, improvement expected in Q2, says Deutsche Bank
Price wars have now become the consensus among investors, setting a relatively low bar for EV makers to beat.
Tesla launches CyberVault wall connector in China
CyberVault is compatible with the entire Tesla model lineup, with a maximum charging current of 32 A and a maximum power of 7 kW.
Nio reaches 20 million battery swap service milestone
Nio's battery swap stations now provide over 45,000 services per day.
Lithium carbonate prices likely to fall below RMB 100,000, says chairman of battery maker Farasis Energy
Lithium prices continue to fall in China today, with the average price of industrial-grade lithium carbonate falling below RMB 200,000 per ton for the first time in the current down cycle.
BYD Mar sales breakdown: Qin 40,850, Song 40,510
The Qin family of models sold a record 40,850 units in March, surpassing the Song family's 40,510 units to become the best-selling BYD model for the month.
BYD sells 207,080 NEVs in Mar, up 6.9% from Feb
In the first quarter, BYD sold 552,076 NEVs, up 92.81 percent year-on-year, but down 19.22 percent from the fourth quarter of last year.
China EV 100 Forum 2023: Nio's William Li's full speech
Nio has nearly completed 20 million battery swap services, with an average of one Nio vehicle leaving a battery swap station with a fully charged battery every 1.9 seconds, said Li.
Nio's battery swap network open to other brands, just like cloud service, says William Li
Nio's battery swap stations are well adapted and the time has come to offer output to other brands, according to Li.
China EV deliveries: Aion, Leapmotor, Shenlan and more
In March, GAC Aion sold 40,016 vehicles, Leapmotor delivered 6,172 and Shenlan 8,568.
