EV Industry

The report said Baidu has opened preliminary talks with Geely, Guangzhou Automobile Group and FAW Group's Hongqi, but no decision has been made.

The Shanghai government held an executive meeting today to decide that it will accelerate the development of the local new energy vehicle industry.

"Charging is like using a landline phone, although it will still exist the use of scenarios will be reduced. And battery swap is like using a cell phone, more and more users will choose it in the future."

China's annual sales of new energy vehicles this year are expected to exceed 1.3 million units, an increase of nearly 8 percent.

Compared with the same period of the previous year, pure electric vehicle car sales grew at a year-on-year rate of 136.8%, and plug-in hybrid vehicle sales grew at a rate of 137.6%.

Local governments will be encouraged to optimize auto purchase restriction measures, automakers will be encouraged to enter the rural market, and customers will be encouraged to do trade-ins.

It has an energy density of up to 285wh and an NEDC range of more than 130km.

Unlike industry solutions that only support high speed and urban ring roads, ANP can also be used on urban roads.

Evergrande NewEnergy is developing 14 models, and has set up 10 intelligent manufacturing bases around the world.

Sales of Xpeng, Li Auto, BYD Han, and Great Wall Motor's Ora EV increased 39%, 26%, 34%, and 43%, respectively, compared with October, and Nio's performance in November was relatively stable.