Daily Archive: October 30, 2024
BYD posts record Q3 net income, gross margin rebounds to 21.89%
BYD reported net income of RMB 11.607 billion in the third quarter, up 11.47 percent year-on-year and 28.08 percent from the second quarter.
For details, please visit CnEVPost.
Tesla wants all new vehicles to be wired like the Cybertruck
Renault to develop EVs for Europe in China, setting R&D team in Shanghai, report says
The new EV for Europe will begin mass production in 2025.
The post Renault to develop EVs for Europe in China, setting R&D team in Shanghai, report says appeared first on CarNewsChina.com.
Renault building R&D team in China to develop EVs for Europe, report says
Renault is building an EV R&D team in Shanghai to target mass production of a new model by the end of 2025, but the new model will be built and sold only in Europe, according to a media report.
For details, please visit CnEVPost.
Nio’s Middle East backer CYVN to buy sports car maker McLaren’s auto business
CYVN reached a non-binding agreement to acquire 100 percent of McLaren's automotive business from Bahrain's sovereign wealth fund Mumtalakat.
For details, please visit CnEVPost.
China Oct EV sales preview: Deutsche Bank expects Nio at 24,500, Tesla 47,000, BYD 520,000
New flow for the Nio brand is estimated at about 19,000 units in October, flat from September, but sub-brand Onvo is estimated at about 15,000 units in October, according to Deutsche Bank.
For details, please visit CnEVPost.
Nio battery swap network completes initial coverage of 9 major horizontal highways in China
Nio's battery swap stations have achieved coverage of nine horizontal highways, seven vertical highways and 12 urban clusters, fulfilling part of a goal announced two years ago.
For details, please visit CnEVPost.
Yangwang U7 will debut with blade 2 battery claims blogger
A Chinese blogger claims the Yangwang U7 will debut with the second generation blade battery from BYD. This battery is lithium iron phosphate.
The post Yangwang U7 will debut with blade 2 battery claims blogger appeared first on CarNewsChina.com.