Smart and Sustainable Electric Mobility
China's retail penetration of NEVs was 41.6 percent in March, up 5.8 percentage points from 35.8 percent in February.
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In the first quarter, Tesla sold 132,420 vehicles in China, contributing 34.23 percent of its global deliveries.
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BYD make 9000 yuan 1250 USD profit per car as company goes after market share rather than profits. Analysis of BYD and tactics.
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BYD received 5,345 orders at the Bangkok auto show, which ended on April 7, placing it in second place in terms of orders received at the event.
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Nio's Firefly project will offer smaller models and is expected to target the market with a price tag of less than RMB 200,000 yuan.
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Zeekr is reportedly jumpstarting its stalled plan to list in New York as valuations for its peers rapidly fall.
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Nio's pace of building battery swap stations was slow at the start of the year, possibly waiting for fourth-generation station capacity to ramp up. It's aiming to end the year with a total of more than 3,310 stations.
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This new premium SUV will be making waves at the BJ auto show
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The PA75 project's battery is the first battery swap-enabled pack for FAW's HME battery platform for its Hongqi brand, FAW-FinDreams said.
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The facility will help complete Nio's global development network and provide tailored, user-friendly technology solutions "from Europe for Europe", said Nio vice president Zhang Hui.
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