Tagged: China

NIO’s ALPS sub-brand will have its own sales channel and half as many models as NIO brand, report says

According to NIO's internal expectations, ALPS will have half the number of models than the main brand NIO, but will aim to achieve 50,000 units per month in sales, local media said.

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Lithium carbonate falls below RMB 400,000 per ton as price drop shows no sign of stopping

Industrial-grade lithium carbonate prices in China today fell below 400,000 yuan ($58,000) per ton, a pullback of more than 30 percent from the November peak.

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