Smart and Sustainable Electric Mobility
Huawei's automotive business is expected to turn a profit this year, bolstered by mid-to-high-end models built in partnership with automakers, the unit's chairman said.
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Gen X and Millennials tend to buy more EVs than Baby Boomers, but the older generation is still in control of EV policy, a pair of recent studies show. Experian's fourth quarter 2023 Automotive Market Trends report, released Thursday, noted that 9.4% of new vehicles purchased by Gen X in 2023 were electric. Gen X purchased the most new vehicles of... 
Li said batteries with lifetimes of up to 15 years are technically feasible, but it will take a concerted effort by the entire industry to advance the goal.
The post Nio's William Li urges more focus on battery life as warranties expire on nearly 20 million NEVs over next 8 years appeared first on CnEVPost.
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