BYD had a record gross margin of 25.7 percent for its auto business in the third quarter, a 4-percentage point improvement from the second quarter.
The post BYD's auto business gross margin hits record high in Q3, analysts explain why appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Between October 1 and October 29, insurance registrations were 14,100 for Nio, 15,200 for Xpeng, 36,800 for Li Auto and 27,300 for Tesla in China.
The post China EV insurance registrations for week ending Oct 29: Nio 4,600, Xpeng 5,800, Li Auto 10,000, Tesla 10,800 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
By the end of the year, Yangwang aims to open more than 90 directly-managed stores in more than 40 cities in China.
The post BYD's premium Yangwang brand opens 1st batch of 22 stores appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Tesla's entry-level Model 3 now has a wait time of 2-6 weeks in China, down from 6-9 weeks previously.
The post Tesla's entry-level Model 3 wait time gets shorter in China appeared first on CnEVPost.
For more articles, please visit CnEVPost.
At the current stage, Baolong and Nio will cooperate on products including air springs, wheel speed sensors, and optical rain sensors.
The post Nio and auto parts supplier Baolong sign cooperation deal appeared first on CnEVPost.
For more articles, please visit CnEVPost.
At the current stage, Baolong and Nio will cooperate on products including air springs, wheel speed sensors, and optical rain sensors.
The post Nio and auto parts supplier Baolong sign cooperation deal appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD reported a record net profit of RMB 10.41 billion in the third quarter, up 52.59 percent from the second quarter. Gross margin for the third quarter was 22.12 percent, a record high since the third quarter of 2020.
The post BYD posts record Q3 net profit, gross margin hits 2-year high appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Neta aims to transform itself into a global high-tech technology company and reach one million sales in global markets by 2026.
The post Neta ships EVs to Turkey; to start selling multiple models in UAE in 2024 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The vehicles' high-voltage batteries have a dual-battery cell module design that risks causing thermal runaway.
The post BMW recalls 41,446 units of 5 Series plug-in hybrids in China over battery issue appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The vehicles' high-voltage batteries have a dual-battery cell module design that risks causing thermal runaway.
The post BMW recalls 41,446 units of 5 Series plug-in hybrids in China over battery issue appeared first on CnEVPost.
For more articles, please visit CnEVPost.