Changan-CATL-Huawei Avatr 12 is ready for the mass production with 578 horses, a 116-kWh battery and Sci-Fi design. To rival Nio ET7.
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BYD has submitted a $1 billion investment proposal to partner with a local company to produce EVs and batteries in India, according to Reuters.
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Tesla began selling China-made Model 3 and Model Y models in Canada earlier this year.
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The Avatr 12 is a mid-to-large-sized sedan that will be powered by electric motors supplied by Huawei and will be available in single-motor and dual-motor versions.
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As of today, Nio's battery swap network has achieved coverage of six vertical highways, four horizontal highways and eight city clusters in China.
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Great Wall aims to start producing its Haval-branded models in Uzbekistan within 2023 and by 2024 see an annual production capacity of more than 10,000 units.
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Nio has provided 5 million battery swap services in the last 102 days, meaning an average of about 50,000 services per day.
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