Apple's talks with CATL, BYD on EV battery supply largely stalled, report says
CATL, BYD refuse to build teams and factories in the US dedicated to catering to Apple, Reuters reports.
Chinese EV stocks have quietly entered so-called 'technical bull market'
BYD, Xpeng, and Li Auto have all entered what is called a "technical bull market" and Nio is close to it.
China begins using air compression to store energy and generate electricity during peak hours
The system can generate up to 40,000 kilowatt-hours of electricity per day, which is equivalent to the usage of 3,000 households in a day.
New materials developed by Chinese team promises to dramatically reduce cost of fuel cells
In achieving the same level of fuel cell performance, the team uses only one-tenth of the expensive platinum.
BYD reportedly has secured 10 GWh of LFP battery orders from Tesla
Tesla said it is switching to LFP batteries for standard range vehicles globally, and BYD, which already has a factory in the US, has a better chance of winning as a supplier.
Deutsche Bank ups Xpeng price target to $57, raises expectations for next year's deliveries to 190k
Edison Yu's team believes that the biggest overhang on the stock is investor caution on Chinese ADRs, but that sentiment could bottom out heading into year-end.
Mercedes-Benz EQA, EQB open for pre-order in China, prices start at around $58,000
The Mercedes-Benz EQC registered 3,472 units in China from January to July, compared to 49,155 units for the Nio in the same period.
Bosch China exec visits Jidu, possibly for talks on 2023 chip capacity bookings, report says
Bosch China President Chen Yudong said earlier this month that shortages of automotive chips will become the norm, the problem is just the extent.
SAIC-VW ID.4 X and ID.6 X get limited-time price cuts
All SAIC-VW's ID.4 X models have been reduced in price by RMB 24,000 ($3,750), and the ID.6 models have been reduced by RMB 31,000.
Nio says swap station facing demolition will be relocated and rebuilt
Nio says its charging and battery swap network construction will be incorporated into the overall plan for construction in the area.