Phate Zhang
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Tesla posts Q3 earnings that beat estimates, but revenue falls short
Tesla reported record revenue of $21.45 billion in the third quarter, though that fell short of Wall Street consensus estimates for the first time since the third quarter of 2021.
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BYD partners with local bank to provide auto financing in Brazil
BYD, which officially entered the Brazilian passenger car market last December, expects to have a presence in 45 cities in the country by the end of this year.
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IM Motors to launch performance version of L7 electric sedan this year
IM Motors said the L7 Snake Performance, built by the company's performance division, will deliver a better handling experience.
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China NEV insurance registrations in 2nd week of Oct: BYD 39,855, Nio 2,438, Tesla 1,724
Li Auto registered 1,798 units, up from 194 units in the first week of October, and Xpeng Motors registered 1,345 units, up from 580 units in the first week.
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Models priced between RMB 100,000-300,000 contribute lion's share of BEV sales in China
Models in the RMB 100,000-300,000 price range contributed 67 percent of BEV sales in China in September.
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BYD brings Atto 3 to Mongolia and Nepal
BYD currently has an 87 percent market share of NEVs in Mongolia and a 58 percent market share of pure electric vehicles in it.
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Some Chinese energy storage firms reportedly suspend taking orders due to battery supply shortages
Since the end of September, a continued shortage of battery supply has led to a common suspension of order-taking by energy storage system manufacturers, according to local media.
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Nio ET5 and EL7 configurators go live on Norwegian site
The Nio ET5 and EL7 are priced higher in Norway than they are in China, while the ET7 is slightly lower.
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CATL signs deal to supply batteries to US renewable energy development firm Primergy
CATL will exclusively supply batteries to Primergy's $1.2 billion Gemini PV and energy storage project.
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Nio begins ET7 deliveries and test drives in Europe
Nio made the first ET7 deliveries in Germany and the Netherlands, while customers from Denmark, Sweden and Norway test-drove the sedan.









