Phate Zhang
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Nio's rumored solid-state battery supplier sees its project make Beijing's priority to-do list
Nio's rumored supplier WeLion sees its Phase I solid-state battery project join the Xiaomi factory and Tesla design center on Beijing's 2022 priority to-do list.
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Xpeng announces plans to enter Netherlands and Sweden in major European expansion
Xpeng has reached retail partnership agreements in the Netherlands and Sweden and will open its first self-operated experience store in Sweden this week, the company's first in the international market.
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SAIC sells 72,236 NEVs in Jan, up 25.5% year-on-year
This is a 23.53 percent drop from 94,460 units in December last year.
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Geely sells 17,928 NEVs in Jan, up 318% from a year ago
Geely sold 15,442 battery electric vehicles in January, including models that support battery swap.
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Li Auto buys huge plot of land in Chongqing to prepare for aggressive capacity expansion
The site is 1.13 million square meters, larger than Tesla's Giga Shanghai, and will set the stage for Li Auto to achieve sales of 1.6 million vehicles by 2025.
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Xpeng hints at increased efforts to expand in Europe
Information shared by Xpeng on Twitter suggests that it may be about to announce plans for expansion in Europe.
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Mercedes-Benz named by Chinese banking regulator for its auto finance unit's infringement of consumer rights
In 2019, Mercedes-Benz Auto Finance was fined RMB 800,000 after a user complaint brought it into the spotlight.
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Nio said to have launched development of sub-brand model with planned annual capacity of 60,000 units
Nio has launched the development of a mass-market sub-brand model in Hefei, which will be positioned below Nio's existing SUV and sedan models, according to local media.
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WM Motor sued for allegedly reducing available battery capacity without user consent
Some owners believe that the matter is related to WM Motor's previous multiple battery safety incidents.
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CITIC Securities says Nio, Xpeng, Li Auto severely undervalued, calls for new valuation metrics
CITIC Securities believes that Nio, Xpeng, and Li Auto are in an accelerated period of improving profitability and are expected to approach the break-even point in the coming year.









