NIO's 150-kWh pack will initially be available for lease only, with a buyout option to be offered in the future.
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Ford is partnering with the world’s largest supplier of EV battery cells, China’s CATL, for a plant in Michigan that will produce batteries for up to 400,000 American-made Ford electric vehicles annually. Outside of Ford’s $11.4 billion electric truck manufacturing complexes in Tennessee and Kentucky and its BlueOvalSK venture...
With a starting price of RMB 99,800 ($14,650), the Qin Plus DM-i 2023 is the first time BYD has made a model with its DM-i powertrain start at less than RMB 100,000.
NIO has entered into strategic partnerships with highway authorities in Anhui, Zhejiang and Jiangsu in the more economically developed Yangtze River Delta region of China.
BYD overtook CATL in LFP market share again after six months, the last time being in July 2022.
China's auto industry is facing big challenges in the first quarter and still needs policy support, the CAAM said.