CATL is still in the process of developing and validating the M3P battery with Tesla, and the exact timing of the installation is not yet clear, according to local media.
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BYD's plan is to build the facility for the Mexican market, not the export market, a company executive said.
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Li Auto CEO said the company will share how it will make a premium BEV a hot seller at its March 1 launch event.
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BYD continues its post-Chinese New Year model update move with refreshed versions of the Ocean series' Song Plus, Seal DM-i priced significantly lower than previous versions.
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The two companies have entered into a joint sourcing program for common components for the vehicles and platforms used by both companies.
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Svolt Energy expects its Thailand plant to supply more than 20,000 battery packs to local customers this year.
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Bloomberg reported that Apple is canceling its decade-long EV-making effort. CEOs of EV makers including Xpeng, Li Auto, Xiaomi, and Jiyue have expressed their views.
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HiPhi began production halt on February 18 -- the first working day after the Chinese New Year holiday -- sparking fears about its fate.
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More EV makers are betting that the shooting brake style will become a new trend in China.
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Upgraded specifications and lower prices are expected to keep the Zeekr 001 competitive amid fierce price competition, thus helping Zeekr achieve its goal of doubling sales this year.
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