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NIO CFO says confident of meeting this year's sales target
That will be achieved through new models, expanding the company's charging and battery swap network, and unlocking self-driving technology, the NIO CFO said. ...
BYD to use Nvidia Orin chips in its next-gen EV models
NIO and Li Auto are already using Nvidia DRIVE Orin chips in their smart driving systems, with NIO even having its third-generation battery swap stations equipped with two of the c ...
BYD reportedly reduces shifts at two EV plants
BYD has asked some workers at its Xi'an plant to work only four days a week and shifts at its Shenzhen plant have been reduced from three shifts a day to two shifts a day, accordin ...
Beijing, Xi'an latest cities to offer subsidies to encourage residents to buy NEVs
Beijing is offering subsidies of up to RMB 10,000 for residents to purchase NEVs, while Xi'an is offering subsidies of up to RMB 6,000 for NEV purchases and RMB 10,000 for the inst ...
Panic selling of lithium carbonate just won't stop
Lithium carbonate prices continue to decline, leading to a heavy wait-and-see mood among downstream customers, who are reluctant to place large orders. ...
CATL has begun mass production of Qilin Battery, report says
Deliveries of Zeekr's Zeekr 009 MPV, the world's first vehicle to be powered by the Qilin Battery, are expected to begin in the second quarter. ...
Qiantu inks deal with Mullen to tap US market, K50 supercar to be rebranded as Mullen GT and GTRS
Mullen has acquired Qiantu's North and South American intellectual property and distribution rights, allowing the assembly and distribution of the Qiantu K50 in the Americas. ...
China NEV insurance registrations for week ending Mar 19: BYD 38,414, Tesla 18,712, NIO 1,775
Last week's insurance registrations for NEVs were 112,650, up 4.53 percent from the previous week. ...
China EV industry sell-off creates opportunity, says Morgan Stanley
Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. ...
Kia enters China's crowded EV market, 1st model expected to launch in Aug
The Kia EV6 will be brought to China as an import and is expected to go on sale in August this year. It will also launch the EV5 in November, its first model to be produced in Chin ...