BeyonCa recently signed a deal with the Saudi investor. It aims to sell 100,000 luxury EVs per year internationally.
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Tagged: China
Nio denies after report says it’s considering further job cuts
A report earlier today said some of Nio's departments were asked to prepare reserve lists of layoffs, which may widen the original dismissals to 20 percent to 30 percent.
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Geely Galaxy L7 scores five stars in C-NCAP crash test
Geely Galaxy L7 becomes one of the safest vehicles evaluated by C-NCAP assessment program. It is a PHEV SUV with 390 hp and 1,370 km of range.
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Zeekr to unveil in-house developed battery that will 1st be used in Zeekr 007
Zeekr will hold Zeekr Power Day 2023 on December 14, when a new battery product will be unveiled.
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BREAKING Tesla prepares for Giga Shanghai phase 3 expansion to produce 25,000 USD vehicle
The team for phase 3 project of Giga Shanghai was formed in 2021.
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Tesla plans to restart Giga Shanghai phase 3 project, report says
Tesla plans to restart the third phase of Shanghai plant project, possibly focusing on the production of the $25,000 model, according to local media.
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China’s NEV retail sales up 2% MoM to 783,000 in Nov, preliminary CPCA data show
China's passenger NEV penetration at retail stood at 38 percent in November, up from 37.8 percent in October.
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New model to be unveiled on Nio Day 2023 could be ultra high-end sedan ‘ET9’, says Deutsche Bank
The model would be a low-volume car, but may serve as a halo vehicle to generate excitement around the brand, Deutsche Bank said.
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Global EV battery market share in Jan-Oct: CATL 36.9%, BYD 15.8%
CATL's share continues to rank first in the world and remains the only global battery supplier with a market share of more than 30 percent.
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Nio to spin off its battery production unit, report says
The spin-off could take place as early as the end of this year, after which the battery unit will seek external investors, according to Reuters.
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