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Continue reading Rivian raises production forecast after beating quarterly revenue estimate
Rivian raises production forecast after beating quarterly revenue estimate originally appeared on Autoblog on Wed, 8 Nov 2023 08:50:00 EST. Please see our terms for use of feeds.
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The next-generation Chevrolet Bolt EV could be built at a Kansas assembly plant starting in 2025, Automotive News reports. General Motors is considering whether to build a "lower-cost version" of the Bolt EV at its Fairfax Assembly plant, the report said, citing an anonymous source familiar with the matter. The plant, which currently builds the... China's NEV penetration rate at retail was 37.8 percent in October, up from 36.9 percent in September.
The post China's NEV retail sales up 2.7% MoM to record 767,000 in Oct, CPCA data show appeared first on CnEVPost.
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Tesla's share of the NEV market in China was 3.73 percent in October, and its share of the BEV market was 5.78 percent.
The post Tesla delivers 28,626 vehicles in China in Oct, exports 43,489 from Shanghai plant appeared first on CnEVPost.
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China's lithium battery industry's overcapacity will continue into 2024, and battery prices will still decline next year, TrendForce said.
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Yuanhang Y6 is a large electric sedan from Dayun with over 1,000 km of range. It is ready for the market launch in China.
The post Dayun’s Yuanhang Y6 EV sedan rolls off the production line. Nio ET7 rival appeared first on CarNewsChina.com.
Saudi PIF could invest at least $250 million in Human Horizons at a valuation of $3 billion, and a deal could be reached as early as this year, according to Bloomberg.
The post Saudi Arabia's sovereign wealth fund in talks to invest in Chinese EV maker Human Horizons, report says appeared first on CnEVPost.
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Based on the image, the MPV will come with Starship ambient lighting.
The post Xpeng releases the first photo of its upcoming electric MPV interior appeared first on CarNewsChina.com.
The average price of battery-grade lithium carbonate in China is falling close to RMB 150,000 per ton, about half of what it was at the end of June, as supply-demand imbalances continue.
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"In light of China's EV market remaining ultra competitive for the foreseeable future, Xpeng's strategy continues to resonate well with us, making the stock our Top Pick in the group," Deutsche Bank said.
The post Xpeng Q3 earnings preview: In-line results expected, margins likely to beat appeared first on CnEVPost.
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