"If you can't beat them, invest in them." Stellantis aims to build battery factory in Europe with CATL.
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Category: China
CATL signs MoU to supply LFP batteries to Stellantis in Europe
The two parties are exploring the possibility of forming a joint venture to further support Stellantis' electrification strategy.
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Nio to report Q3 earnings on Dec 5
Nio delivered 55,432 vehicles in the third quarter, slightly above the lower end of the guidance range of 55,000 to 57,000 vehicles.
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China NEV sales in week 46: BYD 52,900, Tesla 16,300, Changan 10,500, Nio 3,700
Tesla grew 28.4%, Nio grew 27.6% and BYD grew 8%.
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China EV insurance registrations for week ending Nov 19: Nio 3,700, Xpeng 4,200, Li Auto 10,000, Tesla 16,300
For the week of November 1-19, Li Auto was 25,400, Nio was 9,400, Xpeng was 10,400 and Tesla was 39,300.
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Changan and Nio will work on battery swap stations (PSS) together
The two companies will jointly establish battery standards, construct and use battery swap stations, and create battery asset management mechanism.
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Tesla showing confidence in China: Third slight price hike in two weeks
Model Y Long Range AWD price in China is now 304,400 yuan (42,930 USD).
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BREAKING: Changan, Nio partner on battery swap network sharing
Nio and Chongqing Changan Automobile signed a battery swap business cooperation agreement in Chongqing, the Chinese electric vehicle (EV) maker announced.
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Nio’s upcoming announcement sends shares of its swap station provider soaring
Shandong Weida was up 6 percent in Shenzhen at press time, and up about 20 percent over the past month.
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Tesla raises Model Y Long Rang starting price by $280 in China
Tesla has raised the Model Y Long Rang's starting price in China by RMB 2,000, the fourth price hike in the past month, although the moves are for different models.
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