China's power battery output down 2.3% in 2020, lithium iron phosphate up 24.7% year-on-year
Among them, ternary battery production was 48.5GWh, down 12.0% year-on-year; lithium iron phosphate battery production accumulated 34.6GWh, up 24.7% year-on-year.
China's new energy passenger car sales up nearly 80% in Dec
China's full-year 2020 new energy passenger vehicle sales reached 1.246 million units, up 14.6 percent year-on-year.
Expert downplays solid-state battery hype, says commercial use unlikely in 5 years
"All-solid-state batteries are nowhere near commercialization, and it's still difficult to even do a demo right now."
Foxconn, Geely to set up joint venture to OEM for third-party auto firms
Foxconn and Geely each hold 50 percent of the shares, and the chairman will be appointed by Foxconn.
Tight chip supply could affect stability of China's auto industry, association warns
Recent tight chip supply problems have affected global auto production for some time, which in turn will affect the stability of China's auto industry operations, the China Association of Automobile Manufacturers (CAAM) said.
SAIC's high-end EV brand IM Motors announces two EVs with wireless charging and 1,000 km range
IM Motors vehicles also support wireless charging, making it the first car brand in the world to have 11kW of wireless charging technology in mass production.
Nio's first sedan ET7's solid-state battery supplier is not CATL, report says
It is a mystery who the supplier of the solid-state battery for Nio's first sedan ET7 is.
Hefei, which saved Nio from brink of bankruptcy, is backing another EV maker
With the success of its investment in Nio, the central Chinese city of Hefei has become more bullish on the new energy vehicle industry and is throwing its weight behind another promising new energy vehicle company.
BYD unveils three new vehicles with DM-i Super Hybrid technology
Analysts say DM-i will open up the space for gasoline vehicle substitution with its differentiation advantage and is expected to lead the acceleration of global electric vehicle penetration.
Citi downgrades Nio to Neutral, but raises price target by 47% to $68.3
Chung said the ET7 is good, but not enough to make any significant changes to the challenges brought by Tesla.
