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Li Auto, whose first-quarter performance didn't meet expectations, is making further organizational changes following significant layoffs and a slowdown in production.
The recent series of new energy policies in China has promoted more customers to the stores. Tesla China now provides gifts for replacing fossil fuel-based vehicles with electric models.
According to media sources recently invited to visit Tesla's Shanghai car factory, the combined annual output of Model Ys and Model 3s at the location has reached 450,000 vehicles.
Chinese electric vehicle startup Li Auto saw its losses widen in the second quarter of the year, according to its periodic fiscal disclosure on August 15, which also provided soft guidance for the third quarter.
AITO, a new energy vehicle brand jointly created by Huawei and Chongqing Sokon's Seres, is the latest to raise the prices of its vehicles.
Tesla announced on December 30 at an automotive expo in Guangzhou that the prices of its Model S Plaid and Model X Plaid in the Chinese market will be unveiled on January 6, 2023.
On November 10, Chinese electric vehicle maker NIO released its financial report for the third quarter of 2022. The company achieved revenue of 13.002 billion yuan ($1.81 billion) in the period, up 32.6% year-on-year and achieving positive growth for 10 consecutive quarters.
On Tuesday, Baidu's automobile division, JiDU Auto, officially unveiled the logo for its robot car, marking the beginning of a new identity for the brand.
The number of battery swap and charging stations built by NIO, an EV giant, and Sinopec Group, a Chinese fossil fuel giant, has totaled 175 since the partnership began on April 15 last year.
On September 8, at the 12th China International Energy Storage Conference held in Hangzhou, a BYD spokesperson said that the company's new energy storage system based on blade batteries will be listed separately at home and abroad next year.
Chinese consumer electronics maker Xiaomi is close to obtaining approval for producing electric vehicles (EVs). Actually, since 2017, the application process and criteria for granting electric vehicle manufacturing licenses in China have tightened.
On September 22nd, Faraday Future announced that the board of directors has appointed Matthias Aydt as the global CEO of FF.