Category: China

Gotion to explore building 40 GWh overseas facility with European battery maker InoBat

Gotion and InoBat will explore building a 40 GWh cell and Pack facility in Europe and explore producing energy storage batteries based on the latter's existing facility in Slovakia.

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China NEV insurance registrations for week ending Feb 5: BYD 24,280, Tesla 8,643, NIO 1,948

Insurance registrations for NEVs in China by major EV makers rebounded last week, although they have not yet reached the levels seen before the Chinese New Year holiday.

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CICC expects China NEV sales to reach 1.5 million in Q1, with Jan as recent low point

CICC expects the first quarter to contribute 15.7 percent of China's 2023 NEV sales, with 20.7 percent, 27.6 percent and 35.9 percent from the second to fourth quarters, respectively.

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