Smart and Sustainable Electric Mobility
CATL's share continues to rank first in the world and remains the only global battery supplier with a market share of more than 30 percent.
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The spin-off could take place as early as the end of this year, after which the battery unit will seek external investors, according to Reuters.
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Li Auto is offering preferential loan rates to customers who buy its models before the end of the year, a rare public promotional move by the company in the past few years.
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With full control over all core processes of vehicle production, Nio will be able to improve its manufacturing efficiency and have more leverage in the fierce competition.
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Mini Cooper EV is manufactured in China jointly by Great Wall Motor and BMW for global markets.
The post New Mini Cooper Electric spotted on trailer in China ahead of deliveries appeared first on CarNewsChina.com.
The proposal is based on Wang Chuanfu's confidence in China's NEV industry and the company's prospects, as well as his recognition of BYD's value to boost investor confidence, BYD said.
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The Voyah Passion PHEV is a huge high-end sedan that can run up to 1,260 km and speed up to 100 km/h in 5.9 seconds.
The post Voyah Passion PHEV entered China with 530 hp for just 35,380 USD appeared first on CarNewsChina.com.
Nio will unveil a new flagship model at Nio Day 2023 that will feature many world's leading technologies, William Li said earlier today.
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Nio reported third-quarter results that were results largely as previewed and gave a better-than-feared outlook for the fourth quarter, said Edison Yu's team.
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Smart up 50%, MG down 21%, Nio down 82%.
The post China’s EV registrations in Germany in November: MG 1,673, BYD 350, Nio 50 appeared first on CarNewsChina.com.
