Nio scales back purchase benefits, NOP+ software to start charging in Jul
Nio will no longer give customers a free home charger, and will upgrade NOP+ to a formal release and start a subscription system for the software starting July 1 for RMB 380 per month.
Tesla to build new Megafactory in Shanghai to produce Megapack energy storage system
The Megafactory is planned to initially produce up to 10,000 units of commercial energy storage batteries per year, with an energy storage scale of nearly 40 GWh, and the product will be available to the global markets.
Drone maker DJI's auto unit to supply BYD with assisted driving system, report says
The first BYD model to be equipped with DJI Automotive's assisted driving solution is the Sea Lion, an all-electric SUV expected to go on sale within the year, according to local media.
Li Auto to unveil all-electric solution on Apr 18
Li Auto will let two technology lines develop in parallel, including optimizing the range extender for greater efficiency and making pure electric vehicle technology better, its CEO said last month.
Nio names its car rental service in China Nio Subscription
Nio upgraded the service a year ago, and more than 3,000 consumers have used it in the past year.
Nio to allow Chinese consumers to lock in EC7 orders starting Apr 10
Test drives for the EC7 will open on April 10, with deliveries to begin in mid-May.
Some Chinese lithium producers stop production to stem continued price decline
Half of the four major lithium producers in Yichun, Jiangxi province, nicknamed the "lithium capital of Asia," have opted to shut down production, according to local media.
Tesla sells 88,869 China-made vehicles in Mar, CPCA data show
In the first quarter, Tesla sold 229,322 China-made vehicles, contributing 54 percent of its global deliveries in the quarter.
China NEV insurance registrations for week ending April 2: BYD 46,218, Tesla 14,275, Nio 2,730
In the past five weeks, Nio vehicles had 11,929 insurance registrations. The company delivered 10,378 vehicles in March.
China's Mar passenger NEV wholesale sales up 20% MoM to 600,000, CPCA estimates show
In the first quarter, wholesale sales of new energy passenger vehicles in China are expected to be 1.48 million, up 25 percent year-on-year, the CPCA said.