Monthly Archive: June 2024

Nio president confirms construction of F3 plant has begun, says F1, F2 can no longer meet demand

Nio's F3 plant is located in Hefei's NeoPark, and with the subsequent launch of new products, the production capacity of the existing 2 factories can no longer meet demand, Qin Lihong said.

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BYD’s FinDreams unit to supply battery cells to Tesla’s Shanghai Megafactory

BYD's battery making unit FinDreams will be Tesla's new supplier of energy storage cells outside of CATL, securing more than 20 percent of orders for the Megapack product line, according to local media.

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