Phate Zhang
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BYD reveals interior details of Seal
As one of the top contenders for the Tesla Model 3, BYD's upcoming Seal is undoubtedly one of the most talked about models recently.
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Xpeng stock could see relief rally with April monthly sales, says Deutsche Bank
Xpeng's production and logistics appear to be the least affected by the Shanghai lockdown, and supply chain management also appears to be more resilient than peers, said Edison Yu.
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BYD posts net profit of about $123 million in Q1, up 241% year-on-year
This is near the median of BYD's previously forecasted range of RMB 650 million to RMB 950 million.
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Xpeng secures about $1.14 billion credit line from local bank
Xpeng's cash and cash equivalents, restricted cash, short-term deposits, short-term investments and long-term deposits reached RMB 43.5 billion by the end of last year.
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Honda's first EV model in China, e:NS1, goes on sale with prices starting at about $26,700
The e:NS1 is the start of Honda's increased efforts in China's fast-growing EV market, as Japanese automakers generally lag behind in that wave.
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L2 assisted driving systems reach 35% penetration in China's NEV market in Q1, IDC says
This is much higher than the 19.9 percent of the ICE vehicle market.
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EV startup Aiways to build battery swap-enabled models with CATL
The two will develop battery swap-enabled models based on the Aiways U5 and plan to bring it to market in the fourth quarter of 2022.
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Nio's semi-solid-state battery supplier WeLion signs deal for 30,000 tons of cathode material
WeLion has signed an agreement with Ronbay Technology to purchase no less than 30,000 tons of solid-state lithium battery cathode material products from the latter from 2022-2025.
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Huawei plans to unveil more vehicles built with partners this year
It's becoming increasingly clear to Huawei that the automotive or mobility industry has reached a point of inflection, said the tech giant's Rotating Chairman.
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NEVs account for 47% of car sales in Shanghai in Q1
Even though the price of NEVs generally rose by RMB 5,000 to RMB 10,000, they still accounted for nearly half of sales in the first quarter, according to the CPCA.









