Phate Zhang
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BYD signs land deal for plant with annual capacity of 150,000 EVs in Thailand
BYD's plant is expected to start operations in 2024 and the vehicles will be exported to ASEAN countries and Europe.
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Nio Capital leads latest funding round in US-based suspension startup ClearMotion
The financing will be used to support the 2024 debut of ClearMotion's fully active suspension CM1, which eliminates the sway in the car that disrupts the ride.
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Nio expected to see rapid delivery growth as it transitions to new models, analyst says
Xpeng and Li Auto are currently in a period of transition between old and new products, and sales performance will be under pressure in the near term, according to a local analyst.
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Nio Q2 earnings: Here's Deutsche Bank's first look
The earnings report represents the final reset of numbers before the long-awaited product supercycle takes off and Nio can finally demonstrate the power of its brand and ecosystem.
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Nio's Q2 earnings call: Significant delivery ramp-up expected in Q4; 150-kWh battery delayed
Nio expects record deliveries in each month of the fourth quarter, while mass production of the 150-kWh pack will be delayed by several months.
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CATL moves up Qilin Battery's mass production shipments to year-end, report says
CATL has moved up the mass production shipments of the Qilin Battery to the end of this year instead of the previously mentioned 2023, according to local media.
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Nio's Q2 revenue beats expectations while losses widen
Nio's guidance of 31,000-33,000 vehicle deliveries for the third quarter means it expects September deliveries of 10,271 to 12,271.
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China's NEV sales expected to exceed 10 million in 2023, analysts say
This would include 6.99 million BEVs and 3.37 million PHEVs, according to a team of local analysts.
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Honda to form new JV in China for more efficient battery supply from CATL
The new joint venture will handle battery procurement for Honda's two joint ventures in China, instead of the two companies buying batteries from CATL separately as they did before.
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Jidu to unveil limited edition of its first model in Oct
Jidu plans to launch a limited edition of its first model in partnership with the Chinese Lunar Exploration Program, with a limited number of 1,000 units and exclusive rights for owners.
