Former GAC Nio joint venture Hycan looks like it is in its final days with few employees left and mounting legal cases over money.
The post Former Nio EV venture Hycan in death throes with few remaining employees and increasing debts appeared first on CarNewsChina.com.

EV battery prices have been falling, and they could decline even more steeply over the next two years, according to a new Goldman Sachs report. On the pack level, global average battery prices declined from $153 per kwh in 2022 to $149 in 2023, according to the report, which predicts that they'll continue dropping to $80 per kwh by 2026. That's... 



