Gotion to explore building 40 GWh overseas facility with European battery maker InoBat
Gotion and InoBat will explore building a 40 GWh cell and Pack facility in Europe and explore producing energy storage batteries based on the latter's existing facility in Slovakia.
China NEV insurance registrations for week ending Feb 5: BYD 24,280, Tesla 8,643, Nio 1,948
Insurance registrations for NEVs in China by major EV makers rebounded last week, although they have not yet reached the levels seen before the Chinese New Year holiday.
CICC expects China NEV sales to reach 1.5 million in Q1, with Jan as recent low point
CICC expects the first quarter to contribute 15.7 percent of China's 2023 NEV sales, with 20.7 percent, 27.6 percent and 35.9 percent from the second to fourth quarters, respectively.
Nio has 1-2 new models that could begin deliveries by end of May, president hints
Nio's yet-to-be-unveiled one or two new models could be delivered earlier than the EC7 and the new ES8, Qin Lihong said.
Nio ET5 wait time reduced to about 3 weeks
The information was last changed on January 28, when the ET5 had a shortened wait time of 3-4 weeks.
China launching pilot program to boost EV adoption in public sectors
This is the latest measure in China aimed at boosting the EV industry, which previously saw high growth in the private sector.
Tesla sells 66,051 China-made vehicles in Jan, CPCA data show
This represents a 10.37 percent increase over the 59,845 vehicles sold in the same month last year and an 18.38 percent increase over the 55,796 vehicles sold in December.
Xpeng launches G9 and new P7 in Europe, restarts efforts to build presence overseas
Deliveries of the new P7 in Europe will begin in June, and deliveries of the G9 are expected to begin in September.
Nio releases official incentive package after wide discussion over reported big discounts
In the package, Nio details the discounts it is offering for models due for a changeover, stock car discounts and cash discounts for NT 2.0 platform models.
Nio says incentives limited to few stock cars in response to reports of big discounts
Nio's 2022 ES8, ES6 and EC6 models are getting new facelifts and there are still a few show cars and stock vehicles available for sale, it said.