Phate Zhang

Haomo expects to launch an urban road version of its L2 autonomous driving system, NOH, in mid-2022 and a full-scenario version later this year.

CATL's installed base in China in March was 10.81 GWh, capturing 50.49 percent of the market share, up 2.47 percentage points from February.

LFP batteries lead ternary batteries in China for the ninth consecutive month.

China's auto industry is facing higher costs and a lack of consumer momentum, but production and sales of NEVs have continued their rapid growth, the CAAM said.

Deutsche Bank analyst Edison Yu's team expects sales of EVs to fall across the board in April and may also be affected in May, leading to a broad downward revision of second-quarter volumes.

Due to the price hikes, NEV orders before the price hikes performed well, with ample orders overall, the CPCA said.

Production at Giga Shanghai was suspended for two days on March 16 and 17 due to Covid controls, and has been suspended again since March 28.

Nio said on Saturday that it has suspended production as Covid has caused partners in its supply chain to shut down production.

BYD officially launched the Han DM-i, Han DM-p, Han EV Founding Edition and Han EV Green Edition on Sunday.

Post-subsidy prices for all versions of the 2022 Ora Good Cat model were raised by RMB 6,000-7,000 ($1,100) effective March 23.