China's export growth for BEVs is expected to slow to 9 percent this year, with its contribution to passenger car exports falling to 19.0 percent in 2024 from 22.5 percent in 2023, Canalys said.
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Category: China
CATL planning to establish a battery recycling business in Europe, report says
CATL will begin battery cell production in Hungary by late 2025.
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CATL in talks to set up battery recycling operations in Europe
CATL is in talks to set up a battery recycling business in Europe, discussing possible plant sites with European governments including Hungary, according to Bloomberg.
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Huawei’s HIMA unit to double model offerings in 2025 with Aito M8 to rival Li L9, report says
HIMA's available models will exceed 10 next year, and one of the key models will be the Aito M8, which will compete with Li Auto's Li L9.
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Xiaomi reduces loss per car to $5,250 in Q3 and deliveries now exceed 100,000
Xiaomi deliveries pick up speed and help to contribute to the fortunes of both the auto unit and the group with likely profit soon.
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Chery claims to be world’s first company with 1 GWh solid-state battery production line
Chery claims to have world's first GWh capable solid-state battery production line about to go into operation. Equipment has been delivered.
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China starts pilot transportation of EV batteries by rail with participation of CATL, BYD
Currently 90 percent of China's power batteries are transported by road, and rail transportation is expected to reduce costs and improve efficiency.
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Xpeng Q3 revenue beats estimates, gross margin hits record high
Xpeng reported revenue of RMB 10.1 billion in the third quarter, with a record gross margin of 15.3 percent, beating analysts' expectations.
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SAIC-GM-Wuling adopts CATL’s battery swap solution for commercial vehicles
SAIC-GM-Wuling partners with CATL to adopt the battery swap solution for commercial vehicles. They will adopt Choco-SEB batteries.
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China EV registrations in W46: Nio 3,800, Xiaomi 5,700, Tesla 17,100, BYD 94,700
Nio was up about 25%, BYD was up 10%, and Xiaomi grew 4%, while Tesla was 1.2% down from the previous week.
The post China EV registrations in W46: Nio 3,800, Xiaomi 5,700, Tesla 17,100, BYD 94,700 appeared first on CarNewsChina.com.
