Phate Zhang

Tesla began purchasing cathode coils from two second-tier Chinese battery makers in the second half of 2023 and shipping them to its Texas factory in the US to produce 4680 batteries, according to local media.

Ganfeng will supply battery-grade lithium hydroxide products to Hyundai Motor under a contract valid from January 1, 2024 to December 31, 2027.

Tesla in China is asking those interested to choose the city where they want the Cybertruck to make its debut, but the pickup may not be available for sale in the country for the foreseeable future.

The meeting covered topics including promoting the development of the NEV industry, boosting NEV consumption, and encouraging the expansion in overseas markets, according to local media.

A new car carrier joins the fleet of SAIC's Anji Logistics, bringing the total number of vessels to 31.

There's no specific deadline for these discounts until the 2023 models are sold out. Nio will begin delivering 2024 models in March.

BYD last month began converting its pouch-type battery cell production lines at two of its factories to produce prismatic batteries, but is still producing pouch cells at a third plant, according to Reuters.

Xiaomi's EV business could have an intrinsic value of RMB 90 billion yuan if it scales up rapidly, Morgan Stanley said.

Alps will use a pure vision solution similar to Tesla's on its smart driving system to cut costs, according to local media.

Nio's move comes at a time of increasingly fierce price competition in China's EV market, which is also making model refresh cycles shorter.