Phate Zhang

During the holiday, the percentage of miles driven by Li Auto users using the navigation-assisted driving system was about 3.6 percent of the total, lower than Nio Pilot's 13 percent.

Although the rumor did not spread widely, CATL shares traded in Shenzhen plunged 6.66 percent at the close of trading.

With China now having three times as many NEVs as charging facilities, the difficulty of charging was once again highlighted during the holiday season.

During the Chinese New Year holiday, production lines of major battery suppliers including CATL, Gotion High-tech, and FinDreams were running to meet the high demand.

Tesla Giga Shanghai's capacity was 450,000 units last year and will see a huge increase after April, local media said.

Tesla removed one of the two electronic control units typically included in the steering racks of some China-made Model 3 and Model Y cars to deal with a chip shortage, according to CNBC.

CATL's share of the global power battery market reached 32.6 percent in 2021, up 8 percentage points from 24.6 percent in 2020.

All Nio stores will get show cars and test cars by March, when customers will be able to test drive the sedan.

BYD has unveiled a new brand proposition for its automotive business: Technology, Green, Future, which it says reflects its relentless quest for a sustainable future for humanity.

In 2021, Tesla sold 169,853 Model Ys and 150,890 Model 3s in China.