Phate Zhang
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CATL to supply batteries for Kia's Niro SUV sold in South Korea
Korean media reported yesterday that Kia has selected CATL's batteries for its electric Niro SUV. Chinese media today quoted CATL sources as confirming the report.
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Volkswagen Anhui sees first body-in-white roll off line
Volkswagen Anhui is moving full speed ahead with production, with pre-production vehicles set to roll off the line this year and mass production in the second half of 2023.
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Xpeng halts P5 reservations in Europe, citing export timeline issues
The setback regarding the P5 does not affect Xpeng's long-term strategy in Europe, where it is moving to encourage local consumers to pre-order the P7 sedan.
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Pony.ai starts delivering samples of Nvidia chip-based self-driving controllers
The product includes two versions with one and two DRIVE Orin chips, with mass production set to begin in the fourth quarter.
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Neta's flagship sedan Neta S gets 5,216 pre-orders in 15 days, CEO expects up to 20,000 sales per month
The Neta S is Neta's first effort to enter the premium market with a limited-edition pre-order price of RMB 338,800 ($50,380).
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Nio's battery swap network covers highway connecting Shenyang and Haikou
To date, Nio's battery swap network has completed its previously promised coverage of five vertical and three horizontal highways and four metropolitan areas in China.
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CITIC Securities expects China's NEV sales to reach record high in June
CITIC Securities expects BYD to sell 140,320 units, Tesla China 87,182 units, Xpeng 19,281 units, Li Auto 19,447 units and Nio 10,772 units in June.
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EV stocks surge in Hong Kong, Li Auto rises 8% to all-time high
Li Auto launched its new SUV, the L9, on Tuesday, and Citi raised its price target on the company.
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Citi cuts price target on Nio as bank changes valuation approach to China's EV sector
Citi lowered its price target on Nio to $41.1 from $87 and raised its price targets on BYD, Xpeng, and Li Auto, continuing to name Nio and BYD as top picks.
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Li Auto launches second model, Li L9, with similar size to Mercedes-Benz GLS and less than half the price
The Li L9 is comparable in size to the Mercedes-Benz GLS and BMW X7, but with a price tag of about $68,650 it is less than half the price of the flagship SUVs from the two German luxury automakers.
