CATL dominates China EV battery market with 52.1% share in 2021
BYD ranks second with 25.06 GWh of installed power battery capacity and 16.2 percent market share in 2021.
Nio's average sales price reaches RMB 443,500 in Dec, higher than BMW and Audi's in China
This means that Nio's vehicle revenue in December was about RMB 4.65 billion and will easily exceed RMB 10 billion in the fourth quarter.
Evergrande sees first production vehicle of Hengchi 5 roll off line
Evergrande NEV announced that the first production vehicle of its first model, the Hengchi 5, has rolled off the production line today, 12 days ahead of schedule.
Tesla Model Y best-selling new energy SUV in China in 2021
The Model Y was also the top-selling premium SUV in December and for all of 2021 in the sales rankings that include fuel vehicles.
LFP battery installations above ternary batteries in China for sixth consecutive month
For the full year 2021, LFP batteries accounted for 51.7 percent of all battery installations, higher than the 48.1 percent for ternary batteries.
Nio may be close to making ET7 available for test drives
Nio ET7 will start locking in orders on January 20 and deliveries will begin on March 28.
China ranks first in global NEV sales for seven consecutive years
China also saw important progress in vehicle intelligence last year, with sales of passenger cars equipped with assisted driving systems accounting for 20 percent of all new vehicle sales.
China sells 531,000 NEVs in Dec, up 114% year-on-year, CAAM data show
In 2021, China's NEV sales were 3.521 million units, up 157.5 percent year-on-year.
Chinese EV startup Niutron unveils design and core specs for its first model
The model will be in small pilot production in March and officially launched in September.
Nio ET7 recognized by design award with history of over 70 years
The Nio ET7 will start locking in orders on January 20 and deliveries will begin on March 28.