Ford is clearing out Mustang Mach-E inventory, and Chinese consumers have until April 30 to take advantage of the discount.
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CATL's RMB 6.4 billion restructuring proposal was approved unanimously by lithium miner Sinuowei's creditors, according to local media.
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WM Motor will have more than 100 dealership stores in China gradually return to regular service, the company said.
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Authorities in Hubei province have joined forces with local automakers this month to offer subsidies for car purchases of up to RMB 90,000 yuan ($13,000) for some models.
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Authorities in Hubei province have joined forces with local automakers this month to offer subsidies for car purchases of up to RMB 90,000 yuan ($13,000) for some models.
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China's new energy passenger vehicle penetration at retail in February was 32.1 percent, up 6.4 percentage points from 25.7 percent in January.
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Overseas lithium prices are already at a 20 percent premium to Chinese prices, which is expected to provide support for lithium prices as the export window opens, analysts said.
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The Toyota bZ3 is priced lower than the BYD Han EV in China, but higher than the BYD Destroyer 05.
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Spy photos of what is suspected to be Xiaomi's first model have been circulating on Weibo recently, showing the exterior and some of the interior design of the model.
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CATL's battery installations rose 6.5 percent year-on-year in January, below the industry's growth rate of 18.1 percent.
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