Nio will begin deliveries of 2024 models in early March and start offering discounts on current models. Read more…

The price war for power batteries is intensifying, with the world’s two largest battery makers reportedly pushing battery costs down further. Read more…

Under the agreement between the two, Huawei has committed not to engage in the automobile manufacturing business and not to engage in the same business as the new company, Changan chairman said. Read more…

During January 1-14, Nio was 4,700, Xpeng 2,800, Li Auto 11,000 and Tesla 10,600 units. Read more…

The X9 is the highest-priced in Xpeng’s product lineup and is seen as helping Xpeng improve gross margins. Read more…

The joint venture will manufacture and sell products including battery modules and outdoor battery cabinets, as well as build energy storage system projects there. Read more…

The BYD Sea Lion 07 will be available in single- and dual-motor versions and support a top speed of 225 km/h. Read more…

The new Zeekr 001 will use Zeekr’s in-house developed Golden Battery based on LFP chemistry. Read more…

BYD Explorer No.1 will be open to partners while serving BYD in the future, the NEV maker said. Read more…

The Yangwang U7 is powered by four motors, each with a peak power of 240 kW. Read more…

The Li L6, which is smaller than the Li L7, will be powered by LFP batteries and will be Li Auto’s first model to carry lower-cost batteries. Read more…

Aito launched the new M7 on September 12. It previously said it had more than 120,000 firm orders for the M7 by the end of December. Read more…

Zeekr extends price discounts introduced in August 2023 for the Zeekr 001 and offers new benefits including a RMB 10,000 final payment reduction. Read more…

Nio will raise the cost of battery upgrades on a daily basis by 76 percent between February 1-17, as it expects demand for upgrades to surge during the Chinese New Year travel rush. Read more…

Li Auto is aiming to sell at least 400,000 units of its three existing models in 2024, with a new EREV Li L6 selling 30,000 units a month and the Li Mega MPV selling 8,000 units a month. It will launch three new BEV models in the second half of the year. Read more…

The starting price of the upgraded Zeekr 009 has risen by about $140, but makes a number of settings previously available as paid options standard. Read more…

BYD has held discussions with Sigma Lithium about a possible supply agreement, joint venture or acquisition, an executive at the NEV maker said, according to the Financial Times. Read more…

Li Auto has opened 2 flagship retail centers in Shenzhen and Guangzhou, with the facilities in Beijing and Shanghai set to debut later this month. Read more…

The autonomous driving development and cockpit businesses of the Alps sub-brand are largely integrated with the Nio brand, with some businesses still operating independently, according to local media. Read more…

Neta’s plant in Malaysia is scheduled to start production in 2025. Its plant in Thailand is already in production, and another plant in Indonesia will start production in the second quarter. Read more…