Smart and Sustainable Electric Mobility
The opening of the facility marks the imminent start of production of ClearMotion1, an active suspension product that will be fitted to the Nio ET9, ClearMotion said.
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Chinese customers who take delivery of already-produced vehicles of the Model 3 and Model Y by the end of March can get benefits including an insurance subsidy of RMB 8,000.
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CATL is still in the process of developing and validating the M3P battery with Tesla, and the exact timing of the installation is not yet clear, according to local media.
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BYD's plan is to build the facility for the Mexican market, not the export market, a company executive said.
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Li Auto CEO said the company will share how it will make a premium BEV a hot seller at its March 1 launch event.
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BYD continues its post-Chinese New Year model update move with refreshed versions of the Ocean series' Song Plus, Seal DM-i priced significantly lower than previous versions.
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The two companies have entered into a joint sourcing program for common components for the vehicles and platforms used by both companies.
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Svolt Energy expects its Thailand plant to supply more than 20,000 battery packs to local customers this year.
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Bloomberg reported that Apple is canceling its decade-long EV-making effort. CEOs of EV makers including Xpeng, Li Auto, Xiaomi, and Jiyue have expressed their views.
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HiPhi began production halt on February 18 -- the first working day after the Chinese New Year holiday -- sparking fears about its fate.
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