Phate Zhang

This summer, a total of 108 Nio battery swap stations participated in peak load reduction initiatives in their cities.

Leapmotor applied to list in Hong Kong on March 17, and its prospectus shows it plans to launch eight new models by the end of 2025.

A Polestar 2 owner was told it would cost RMB 540,000 ($79,200) to replace a damaged battery pack, 1.6 times the price of his vehicle.

China will establish a coordination mechanism for the development of the NEV industry and will vigorously build charging piles.

Nio is expected to receive a small batch of 150-kWh semi-solid-state batteries from WeLion in September and start using them in the fourth quarter, according to a previous media report.

In early August, some NEV prices rose again, but consumer enthusiasm was not significantly affected, the CPCA said.

So far, Nio has built 94 battery swap stations with three energy giants, Sinopec, CNPC and Shell.

In the Chinese mainland, Tesla has opened more than 1,200 Supercharger stations, including more than 8,900 charging piles.

The SUV, codenamed BX1E, is expected to allow Zeekr to cover the mainstream market priced under RMB 200,000.

Changan Shenlan and key suppliers have suspended production of the SL03 vehicle and parts since August 15 in order to ensure electricity supply for residents.