The production base is expected to complete its first production line with a capacity of 6 GWh by March 2024 and all 36 GWh lines by the end of 2025.
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Hyundai and Kia EVs may soon get new silicon-carbide power modules aimed at boosting range. Semiconductor firm STMicroelectronics (ST) said last week in a press release that it has been chosen by Hyundai to supply its silicon-carbide power modules for EVs based on the automaker's E-GMP platform, which underpins the Hyundai Ioniq 5, Kia EV6, and...
Zeekr has confidentially filed for a US IPO aimed at raising more than $1 billion, Reuters reported.
Enovate will form a joint venture with Saudi Arabia's Sumou Holding to build a production and R&D base in Saudi Arabia with an annual capacity of about 100,000 NEVs.
Guiyang becomes the third city to see EVOGO's battery swap service available, after Xiamen and Hefei.
Delivery of NIO's 300,000th vehicle is expected to be around January 1, Qin said.
As of November 30, NIO's cumulative deliveries reached 273,741 units.
From January to November, Model Y retail sales in China increased 121.04 percent year-on-year, while Model 3 sales decreased 7.34 percent year-on-year.