Phate Zhang

Geely becomes the latest Chinese auto giant after Changan to enter into a partnership with Nio on battery swap.

Nvidia has posted a job ad for its autonomous driving China team, led by former Xpeng smart driving chief Wu Xinzhou.

Nio has started displaying vehicles at used car trading platform Uxin's offline outlets to open up new sales channels and increase sales exposure and reach, according to local media.

From November 1 to November 26, Nio was 12,700, Xpeng 14,800, Li Auto 34,800, Tesla 56,000 and BYD 178,000 units.

Earlier today, Tesla raised the starting price of the Model Y Long Range in China by RMB 2,000, its fifth price hike in the country in the past month.

This is Tesla's seventh price hike in China in the past month, although each time it's for a different model.

Changan's production facility in Thailand will introduce models from sub-brands Deepal, Avatr, and Qiyuan, with an annual capacity of 100,000 units in the first phase.

Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said.

After Germany and the UK, Great Wall Motor plans to expand its presence in Europe to eight additional countries including Italy and Spain, according to local media.

As NEV ownership rises rapidly, battery swap may be the way to go when the load of residential charging struggles to meet demand, said an opinion piece in Economic Daily.