Tagged: China

Xiaomi to begin mass production of its 1st EV model in Feb, output expected to reach 10,000 in Jul, report says

Xiaomi EV plans to see production of the SU7 reach around 2,000 units in March and complete capacity ramp-up by mid-2024, according to local media.

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Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices

Lithium producers including Ganfeng and Tianqi expect their net profits in 2023 to be much lower than in 2022, with the common reason being a sharp drop in lithium prices.

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China EV insurance registrations for week ending Jan 28: Nio 3,300, Xpeng 2,200, Li Auto 8,500, Tesla 12,800

During January 1-28, Nio was 9,900 units, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500.

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Xiaomi SU7’s top-trim will be priced at around $50,350, report says

The top-trim version of the Xiaomi SU7 has a vehicle price of RMB 361,400 at the time of insurance purchase, and the starting prices for the full lineup will likely be in the range of RMB 250,000 to RMB 370,000, according to local media.

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