Phate Zhang
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SAIC to set up new company to run its R brand
The R brand will focus on the RMB 200,000-400,000 price range, while IM Motors will focus on the RMB 400,000+ market.
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Tesla reportedly booked batteries from CATL enough to produce nearly 800k vehicles
In terms of battery capacity, Tesla's 2022 sales will be at least 1.5 million units, local media reported.
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Nio poaches chip expert as senior exec, signaling renewed efforts on its own chip development
The former Xilinx Labs Asia-Pacific director and CTO joined Nio this month as chief expert and assistant vice president.
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Nio begins offering 75-kWh packs at battery swap stations
The pack is expected to bring users a longer range while reducing costs, but it will be interesting to see how it performs in winter.
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CICC expects global NEV sales to surpass 10 million units by 2022
Referring to the S-shaped growth curve, global vehicle electrification has broken through the tipping point and entered a period of steep growth, CICC said.
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China has built world's largest charging network
The rapid development of the Battery swap network is one of the factors behind this, according to the People's Daily.
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Nio ET7 spotted at battery swap station for first time
A camouflaged ET7 has been spotted at one of Nio's battery swap stations, the first time the model has been spotted at the facility.
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BYD's Q3 revenue up 22% year-on-year to $8.49 billion, net profit down 27.5%
BYD's revenue growth in the third quarter was primarily due to increases in its automotive and cell phone businesses.
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China launches pilot program in 11 cities to promote battery swap model
The goal of the pilot is to boost sales of more than 100,000 additional battery swap-enabled vehicles and build more than 1,000 swap stations.
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Nio adds 4 swap stations, bringing total to 571
As of October 28, Nio had 571 battery swap stations and 422 supercharging stations in China, providing 2,507 charging piles.









