Phate Zhang

Li Auto brought a lower-priced Air version to its product matrix for the first time, with the Li L7 Air and Li L8 Air powered by batteries from Svolt Energy and Sunwoda, respectively.

Tesla's deliveries in China in January were down 36 percent from 41,926 vehicles in December.

Nio announced that it has joined the Horizon Europe program with 26 partners and received funding for research and development of energy storage systems in electric mobility services.

The CPCA's preliminary figures were 8.8 percent below its January 28 estimate of 1.36 million units, implying a worse-than-expected performance in the final days of January.

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.

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 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's yet-to-be-unveiled one or two new models could be delivered earlier than the EC7 and the new ES8, Qin Lihong said.

The information was last changed on January 28, when the ET5 had a shortened wait time of 3-4 weeks.

This is the latest measure in China aimed at boosting the EV industry, which previously saw high growth in the private sector.