Phate Zhang

In December alone, the price of battery-grade lithium carbonate rose by 40 percent.

Tesla said insurance costs for its vehicles in China have risen by an average of about 10 percent, with the Performance version at 20 percent or less.

The store is Tesla's 11th in northwest China and 211th in the Chinese mainland.

As of December 31, Nio had 777 battery swap stations and 605 supercharging stations offering 3,404 charging piles.

The price of the entry-level Model 3 has been raised by RMB 10,000 and the price of the entry-level Model Y has been raised by RMB 21,088.

Analysts say previous declines in Chinese stocks may be partly due to some institutions selling their worst-performing stocks at the end of the year, meaning the selling pressure may ease in the new year.

"Right now, we're scouring Norway, Denmark, Sweden, Germany, and the Netherlands for suitable locations to establish our Nio Power Swap stations," Nio said.

This is the seventh to tenth phase of CATL's Yibin manufacturing base, with a planned site area of approximately 2.13 million square meters.

That's 12 days earlier than originally planned, and Evergrande will hold an official roll-out ceremony for its first vehicle in early January next year, local media said.

CATL's share was 11.3 percentage points higher than second-place LG Energy Solution's 20.5 percent.