Phate Zhang

Xpeng aims to see sales of 1.2 million by 2027 and reach about 30 percent share of the fully autonomous vehicle market.

The agreement involves technical cooperation for new brands, projects and markets, as well as overseas business expansion, CATL said.

In the second week of January, China's NEV sales, as measured by insurance registrations, were 99,000 units, up 37.51 percent year-on-year and up 28.61 percent from the previous week.

The move is a normal price adjustment for Xpeng as its vehicle production costs have fallen, a spokesperson told CnEVPost.

From January 13 to February 5, all of Nio's battery swap stations along highways are open to vehicle owners for free and unlimited use.

For the full year 2022, China's NEV sales were 6.887 million units, up 93.4 percent year-on-year, accounting for 25.6 percent of all vehicle sales.

In a response sent to CnEVPost, Xpeng said the company welcomes talent, but Mr. He will remain as the company's head and that will not change.

The new EC6 could be the equivalent of a trimmed-down and thus more affordable version of the EC7, but the model could be still a long way off from an official launch, according to a well-known auto blogger.

The EC7, like the new ES8 and the new ES6, includes CALB in addition to CATL as a battery supplier.

It's worth noting that the new ES6's battery supplier includes CALB, in addition to CATL.