Phate Zhang

On March 10, BYD held a groundbreaking ceremony for the plant in Thailand, and the delivery ceremony for the 10,000th BYD Atto 3.

The ET5 has become Nio's main seller in China, contributing 48 percent, 68 percent, and 53 percent of monthly deliveries in the past three months, respectively.

Li Auto has an internal goal of 25,000-30,000 monthly deliveries and will aim to meet the goal in the second quarter, its management said last month.

Neta is building the electric vehicle assembly site with Thailand's BGAC and expects it to start production by the end of January 2024.

Li Auto is aiming to build about 300 super-fast charging stations this year, and Nio also plans to add 10,000 new charging piles this year, according to local media.

Xpeng offers four versions of the P7i with a starting price of RMB 249,900, above the RMB 229,900 for the Tesla Model 3.

CATL's lithium sharing program is not for price reduction purposes, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said.

CATL's capacity utilization was 83.4 percent in 2022, down from 95 percent in 2021.

Consumers who order BYD's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal.

BYD Song was the best-selling SUV in China in February with 51,592 retail sales, and the Model Y ranked No. 2 with 25,526 units.