Phate Zhang

Sunwoda plans to invest about RMB 12 billion ($1.9 billion) to build a 30 GWh power battery production facility in Zhuhai, Guangdong province.

That's down 46.8 percent from 16,031 units in January, which the company blamed on the Chinese New Year holiday and the impact of capacity expansion at its plant.

This is a 35 percent decrease from 11,009 vehicles in January. Neta now offers three models in China, most starting at less than 100,000 yuan.

Zeekr has delivered a total of 12,453 Zeekr 001s since deliveries began in October last year.

Nio previously guided for fourth quarter revenue of RMB 9.38 billion to RMB 10.11 billion, representing growth of about 41.2 percent to 52.2 percent over the same period in 2020.

The delivery volume was down 51.7 percent from January, mainly due to an upgrade of Xpeng's Zhaoqing plant during the Chinese New Year holiday.

Production at Li Auto was affected by a shortage of parts due to the Chinese New Year holiday and the Covid-19 outbreak in Suzhou, the company said.

Nio suspended production at the Nio-JAC plant during the Chinese New Year holiday from January 31 to February 1 and adjusted the production line to prepare for the delivery of ET7 in March.

Tesla will again offer a limited number of TeslaMic in China starting at 8 pm Beijing time on March 1, saying its capacity has failed to meet expectations due to the Covid-19 outbreak.

The project has a total investment of RMB 5 billion ($790 million) and is expected to generate an annual output of RMB 10 billion after production.