CATL's energy storage battery business generated revenue of RMB 59.9 billion in 2023, contributing 14.94 percent of the total.
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Major EV makers saw sales in China fall last week, partly due to the Tomb Sweeping Day holiday.
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In the first quarter, Tesla sold 132,420 vehicles in China, contributing 34.23 percent of its global deliveries.
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Nio's pace of building battery swap stations was slow at the start of the year, possibly waiting for fourth-generation station capacity to ramp up. It's aiming to end the year with a total of more than 3,310 stations.
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The facility will help complete Nio's global development network and provide tailored, user-friendly technology solutions "from Europe for Europe", said Nio vice president Zhang Hui.
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The BYD Seal 06 will have a combined range of over 2,000 kilometers and may consume less than 3 L per 100 kilometers at low charge, according to local media.
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Nio said it has reached 307,783 total smart driving users and 193,174 NOP+ users.
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Nio's 150-kWh battery packs, of which some have been produced recently, are expected to begin entering service in late April, William Li said today.
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Avatr has approached HiPhi and may have struck a partnership deal, with the two now reorganizing their teams, according to local media.
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The launch event for the Li L6, which is expected to be the lowest priced in the company's product lineup, will begin at 8 pm Beijing Time on April 18.
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