Phate Zhang

Nio aims to achieve break-even in the fourth quarter of 2023 and its first annual profit in 2024.

Nio expects first quarter deliveries to be 25,000-26,000 units, implying March deliveries of about 9,217-10,217 units.

BYD and Shell will first work together in China and Europe, and plan to set up a joint venture to develop an electric vehicle charging network in China.

CATL has built a zero-carbon battery factory in Yibin, Sichuan province, saying it will achieve carbon neutrality in its global sites in the future.

The first batch of ET7 mass production vehicles rolled off the production line at JAC-Nio manufacturing base in Hefei on March 24, and delivery will begin on March 28.

CALB currently has seven manufacturing sites and aims to have 1,000 GWh of capacity by 2030.

Deutsche Bank analyst Edison Yu's team lowered their price target on Xpeng by $2 to $55, maintaining a Buy rating.

Voyah is basically telling potential consumers that if you don't place an order now, you'll face higher prices next month.

Even the cheapest models are not spared in this wave of electric vehicle price hikes in China.

The funding environment for self-driving startups is turning cold, local media said.