Phate Zhang

Sales of power battery systems are the company's main source of revenue, contributing RMB 91.49 billion last year, up 132.06 percent year-on-year.

China will allow the PCAOB to conduct its review legally and reasonably, and this uncertainty is believed to be removed soon, said Fang Xinghai, vice chairman of the CSRC.

Nio is actively integrating its upstream supply chain and production is gradually resuming at JAC-Nio's Hefei advanced manufacturing base, Xinhua's report said.

BYD models equipped with Horizon Robotics' latest Journey 5 chip will be available as early as mid-2023.

Xpeng has opened a direct experience store in Denmark, its third in Europe after Stockholm, Sweden and The Hague, Netherlands.

GAC Aion says its battery swap station can replace vehicle batteries in as little as 2.5 minutes.

CATL, a battery supplier to Tesla, has a battery module assembly plant located a few blocks from Giga Shanghai.

A subsidiary of CATL has acquired the exploration rights to the lithium mine, which is expected to hold 2.66 million tons of lithium metal oxide, for RMB 865 million.

Tesla expects production at its Shanghai plant in the second quarter to be roughly on par with the first quarter, but to grow rapidly in the third and fourth quarters.

The images released by BYD show a clean design with a large center screen and a slightly smaller instrument screen inside the car.