Smart and Sustainable Electric Mobility
BYD last month began converting its pouch-type battery cell production lines at two of its factories to produce prismatic batteries, but is still producing pouch cells at a third plant, according to Reuters.
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Xiaomi's EV business could have an intrinsic value of RMB 90 billion yuan if it scales up rapidly, Morgan Stanley said.
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Alps will use a pure vision solution similar to Tesla's on its smart driving system to cut costs, according to local media.
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Nio will begin deliveries of 2024 models in early March and start offering discounts on current models.
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The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.
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In the January 1-14 period, Nio was 4,700, Xpeng 2,800, Li Auto 11,000 and Tesla 10,600 units.
The post China EV insurance registrations for week ending Jan 14: Nio 1,700, Xpeng 1,400, Li Auto 6,800, Tesla 7,400 appeared first on CnEVPost.
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The X9 is the highest-priced in Xpeng's product lineup and is seen as helping Xpeng improve gross margins.
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The joint venture will manufacture and sell products including battery modules and outdoor battery cabinets, as well as build energy storage system projects there.
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BYD Explorer No.1 will be open to partners while serving BYD in the future, the NEV maker said.
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The Yangwang U7 is powered by four motors, each with a peak power of 240 kW.
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