Phate Zhang

The new Tesla Model 3 Performance is expected to go on sale in China in the second quarter, and its price tag will likely be close to RMB 400,000 yuan, according to local media.

The JV will cater to the ride-hailing market and provide battery swap services for NEVs, CATL said.

The upgrade, which is due to be completed by the end of February, is aimed at preparing for a new model and boosting the plant's capacity.

Cybertruck's tour of China will begin on Sunday, January 28, and will debut in eight cities.

China already has 10 GWh of capacity for solid-state batteries, with more than 128 GWh planned for medium-term capacity, CITIC Securities said.

Luxeed is currently promising wait times of 10-12 weeks, which is long enough to change consumer buying decisions.

Li Auto released a range test comparison video of the Li Mega versus the Tesla Model X to show that its first BEV model has better performance.

StarCharge is considering an IPO in Hong Kong, potentially raising about $500 million and seeking a $5 billion valuation, according to Bloomberg.

The battery pack, called "Wuling Red 1", is 148 mm thick, which SAIC-GM-Wuling said is the thinnest battery for commercial vehicles.

Tesla said its vehicle volume growth rate in 2024 could be notably lower than in 2023 as the team works to roll out next-generation vehicles at its Texas plant.