CATL to build new battery making projects with up to $3.8 billion investment
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.
Evergrande reportedly sees first production vehicle of Hengchi 5 roll off line
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 continues to dominate global EV battery market with 31.8% share in Jan-Nov
CATL's share was 11.3 percentage points higher than second-place LG Energy Solution's 20.5 percent.
Nio's battery swap network now covers major highways in eastern Shandong province
As of December 30, Nio had 756 battery swap stations in China, 203 of which are located along highways.
Xpeng says its models face insurance cost hikes of no more than 20%
The average insurance cost quoted for Xpeng's flagship sedan, the P7, rose 18.2 percent from RMB 5,600 to RMB 6,622.
Ford Mustang Mach-E production in China impacted as Covid lockdown in Xi'an affects battery supply
This comes just four days after deliveries of the Ford Mustang Mach-E to the first Chinese buyers began on December 26.
Nio says it's evaluating possibility of setting up exclusive insurance product
As exclusive insurance for NEVs has recently become available in China, and some owners have raised concerns about the rising cost of their insurance premiums.
Beijing shifts 10,000 car license quotas from fuel vehicles to NEVs
Beijing's quota for fuel car license plates has been reduced from 40,000 in 2021 to 30,000 in 2022, and the quota for NEV license plates has been increased from 60,000 to 70,000.
Xpeng confident of staying ahead in long run, says CEO
Car building is a long race, and a company will not necessarily stay ahead at the end because it is ahead for a while, but Xpeng has the potential to do so, said He Xiaopeng.
Spy photos of suspected new Nio SUV 'ES7' revealed for first time
Local automotive media has released several spy photos of what is being called the Nio ES7 SUV, showing the exact same roof LiDAR setup as the ET7.
