The sodium-ion battery-equipped model has a battery pack capacity of 23.2 kWh, a CLTC range of 230 km, and can be charged from 10 percent to 80 percent in 20 minutes. Read more…

Geely Auto aims to target the market with the broadest potential user base with the Galaxy E8 and accelerate the replacement of conventional internal combustion engine vehicles. Read more…

This is Tesla’s biggest recall in China, involving potentially all delivered vehicles. Read more…

The front wheels of the Nio ET9 prototype move up and down at high frequencies, while the two water-filled glasses placed at the front of the car remain stable. Read more…

BYD has started construction on its sodium-ion battery facility in Xuzhou, Jiangsu province, with a total investment of RMB 10 billion and a planned annual capacity of 30 GWh. Read more…

Xiaomi SU7 is unlikely to be priced before its official launch, nothing has been finalized yet, an executive said. Read more…

Despite its early-mover advantage, Nio’s growth momentum could remain soft on relatively fewer new model launches given its mature product portfolio vs. peers, Goldman Sachs said. Read more…

China’s retail penetration of passenger NEVs was 39.6 percent in December and 35.7 percent in 2023, according to preliminary CPCA data. Read more…

China aims for NEVs to become an important part of the energy storage system by 2030, providing tens of millions of kilowatts of regulation capacity to the power system. Read more…

Avatr will launch two new models in 2024 and will have four EVEVs to add to the lineup, its president said. Read more…

Zeekr will launch the right-hand drive versions of the Zeekr 009 and Zeekr X in Singapore, with deliveries starting in the third quarter of 2024. Read more…

In December, 17,700 Nio vehicles were registered for insurance in China, 17,300 for Xpeng and 76,000 for Tesla. Read more…

As of January 2, the notes had an aggregate principal amount of $301,448,000 outstanding. Read more…

Pricing for the Xpeng X9 has been more aggressive than expected, and volume could go upside in the first half of 2024, said Deutsche Bank. Read more…

Preliminary estimates show that for the full year 2023, China’s wholesale sales of passenger NEVs were 8.88 million units, a year-on-year increase of 38 percent, according to the CPCA. Read more…

For the full year 2023, Tesla sold 947,742 China-made vehicles. Read more…

Waiting times for the ET5, ET5 Touring, EC7, and ES8 all went from 3-4 weeks to 2-3 weeks today. Read more…

Nio’s fourth-generation battery swap stations will be equipped with 60 square meters of photovoltaic systems, which will save nearly 18,000 kWh of electricity per year per station. Read more…

BYD sold 526,409 passenger BEVs in the fourth quarter, 8.65 percent higher than Tesla’s 484,507 global deliveries. Read more…

For the full year 2023, Tesla delivered 1,808,581 units globally, up 37.65 percent year-on-year. Read more…