Smart and Sustainable Electric Mobility
BYD's chairman predicted a month ago that China's monthly NEV penetration rate would exceed 50 percent within this year, and now he expects that figure to be seen within the next three months.
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The new 75-kWh battery pack will not use both LFP cells and ternary cells like its predecessor and will begin deliveries soon with the 2024 models.
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Xpeng will launch a new brand in the next month, targeting markets priced between RMB 100,000 and RMB 150,000, the company's CEO said.
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