Phate Zhang

CATL's energy storage battery business generated revenue of RMB 59.9 billion in 2023, contributing 14.94 percent of the total.

Major EV makers saw sales in China fall last week, partly due to the Tomb Sweeping Day holiday.

In the first quarter, Tesla sold 132,420 vehicles in China, contributing 34.23 percent of its global deliveries.

Nio's pace of building battery swap stations was slow at the start of the year, possibly waiting for fourth-generation station capacity to ramp up. It's aiming to end the year with a total of more than 3,310 stations.

The facility will help complete Nio's global development network and provide tailored, user-friendly technology solutions "from Europe for Europe", said Nio vice president Zhang Hui.

The BYD Seal 06 will have a combined range of over 2,000 kilometers and may consume less than 3 L per 100 kilometers at low charge, according to local media.

Nio said it has reached 307,783 total smart driving users and 193,174 NOP+ users.

Nio's 150-kWh battery packs, of which some have been produced recently, are expected to begin entering service in late April, William Li said today.

Avatr has approached HiPhi and may have struck a partnership deal, with the two now reorganizing their teams, according to local media.

The launch event for the Li L6, which is expected to be the lowest priced in the company's product lineup, will begin at 8 pm Beijing Time on April 18.