Author: Phate Zhang/CnEVPost

Li Auto considered solid-state batteries in 2019, but gave up due to high cost, report says

Li Auto validated the solid-state battery option for more than half a year, but gave up because the cost of the pack alone was close to RMB 300,000, according to local media.

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Toyota’s JV with GAC cuts about 1,000 jobs as Japanese carmakers fall behind in China’s EV sector

In June, NEV penetration rate was 58.8 percent for China's local car brands, 30.9 percent for luxury brands and just 3.7 percent for mainstream joint venture brands.

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