CATL reported revenue of RMB 79.77 billion in the first quarter, a new low since the second quarter of 2022.
The post CATL posts $1.45 billion net profit in Q1, 19% lower than Q4 appeared first on CnEVPost.
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Month: April 2024
Filed under: Green,Hirings/Firings/Layoffs,Tesla
Continue reading Tesla is laying off more than 10% of staff globally as sales fall
Tesla is laying off more than 10% of staff globally as sales fall originally appeared on Autoblog on Mon, 15 Apr 2024 08:20:00 EDT. Please see our terms for use of feeds.
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Plus, the EV world needs more technicians and both Volkswagen and Mercedes face a battle with a renewed UAW.
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours...
Filed under: Aston Martin,First Drives,Convertible,Luxury,Performance
Continue reading Aston Martin DB12 Volante First Drive Review: Drop top, go fast, don't crash
Aston Martin DB12 Volante First Drive Review: Drop top, go fast, don't crash originally appeared on Autoblog on Mon, 15 Apr 2024 07:01:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsIM L6 will launch on May 13 with deliveries beginning later in May. Car has already achieved more than 10,000 pre-sales orders.
The post IM L6 with semi-solid state battery to launch May 13 appeared first on CarNewsChina.com.
Citi analysts in a research note earlier this month expected the SU7 to deliver around 55,000 to 70,000 units for the full year.
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Jaguar Land Rover will become the first luxury automaker to adopt Chery's platform, with the partnership close to being finalized, according to local media.
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Nio's independent car-making qualification has been officially approved, and the company has started producing and delivering EVs under its own name, local media said.
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The 2024 ET5 and 2024 ES7 will make their debut in China, while the 2024 ET7 will also be launched in China at the Beijing auto show.
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