It took 7 months from the launch of BYD Seagull to the completion of the 200,000th unit rolling off the assembly line.
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It took 7 months from the launch of BYD Seagull to the completion of the 200,000th unit rolling off the assembly line.
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China's retail penetration of NEVs was 40.5 percent from November 1 to November 26, and 34.9 percent year-to-date.
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This suggests an overall valuation of the new company soaring to an impressive 500-625 billion yuan (70.17-87.72 billion USD).
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BYD was recognized by Munger in 2008 when Berkshire Hathaway became a significant shareholder in the company, the company said.
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Nio's battery swap system will go from private domain exclusive service to public service and is expected to turn a profit, local media said.
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Geely Holding Group is one of China's largest car companies, operating in eight sectors and owning dozens of brands.
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Geely becomes the latest Chinese auto giant after Changan to enter into a partnership with Nio on battery swap.
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Previously, Geely announced they want to have 5000 battery swap station gloally by 2025.
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Nvidia has posted a job ad for its autonomous driving China team, led by former Xpeng smart driving chief Wu Xinzhou.
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Mixed signals week 47. Nio was down 11%, BYD was down 9%, Tesla was up 2% and Xpeng was up 5%.
The post China EV sales in week 47: BYD 48,300, Tesla 16,700, Nio 3,300 appeared first on CarNewsChina.com.