Nio provides average of 68,084 battery swap services per day in May
On average, each Nio user used the battery swap service six times in May, each time taking about three minutes.
China May NEV wholesale at 910,000, up 16% from Apr, CPCA estimates show
In May, the start of car trade-in subsidies and the cooling of price wars have stimulated spending among groups that were previously on the sidelines, the CPCA said.
Tesla China sells 72,573 cars in May, up 16.74% from Apr
In the January-May period, Tesla China sold 355,616 vehicles, down 7.12 percent from 382,859 in the same period last year.
China EV insurance registrations for week ending Jun 2: Nio 6,700, Tesla 15,200, BYD 53,400, Xiaomi 2,200
Nio vehicles saw a record 6,700 insurance registrations in China last week, up 24.07 percent from 5,400 the week before.
Geely, STMicro sign SiC device supply deal
STMicro said it will supply SiC power devices for Geely's multiple brands of mid- to high-end all-electric vehicles, helping to boost performance, speed up charging and extend range.
Xpeng Aeroht forms strategic partnership with Swedish parts giant Autoliv
Autoliv, the world's largest producer of airbags and seatbelts, said its partnership with Xpeng Aeroht is aimed at making low-altitude mobility safer.
Chinese battery maker Gotion plans to build energy storage plants in Spain
Gotion has signed a new cooperation agreement to work with two partners on energy storage and new material development in Spain.
Nio makes organizational changes involving Onvo sub-brand
Nio has renamed its units previously known as “Strategic New Businesses,” and has created 16 regional companies for the Onvo unit.
Li Auto reportedly merges sales and delivery teams for higher volume
Li Auto has merged its sales and delivery teams to eliminate possible conflicts of interest between the two in order to better sell cars.
Neta's Indonesia plant begins mass production
The locally produced Neta V-II is powered by lithium iron phosphate (LFP) batteries from Chinese battery maker Gotion High-tech, with 44 percent of the components of the pack produced in Indonesia.