BYD and NIO's numbers were higher than the previous week, while Tesla's were lower than the previous week.
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CATL will provide technology and service support for the production of the LFP battery plant, while Ford will be responsible for cell and vehicle integration.
Bridgewater reduced its holdings in NIO by 27.91 percent, XPeng by 6.15 percent and Li Auto by 46.63 percent during the fourth quarter.
Wait times for the NIO ES7 and ET7 have both changed from the previous 3-4 weeks to about 3 weeks, and the ET5 has gone from about 3 weeks to 2-3 weeks.
Ford announced on Monday that it’s planning the installation of lithium iron phosphate (LFP) batteries into its Mustang Mach-E starting later in calendar year 2023 and its F-150 Lightning in calendar year 2024. The shift will potentially bring lower EV prices, although that will “depend on what happens with the market,” according...
Battery-recycling firm Redwood Materials may soon received a $2 billion loan from the U.S. Department of Energy (DOE) to expand its operations. The DOE on Thursday made a conditional commitment for the loan, which would go toward a $3.5 billion recycling and remanufacturing facility in Nevada, according to a Reuters report. The loan, which must...
Tesla had 11.2% of the 2022 California new-car market, making it the second-highest-selling brand in the state with a lineup of only EVs, according to a report from the California New Car Dealers Association (CNCDA). The 2022 results put Tesla behind Toyota's 17.3% and ahead of Ford, which took 8.4% of the market. But Tesla is gaining, as it saw...