BYD achieved a significant improvement in earnings, demonstrating strong resilience despite tougher competition in the industry, the company said.
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Gotion said further reductions in raw material costs and the introduction of Volkswagen's management system have helped it improve efficiency.
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The new variant of the Cyberster revives the color scheme of some of the classic models in MG's history, with only 100 units offered in the first round of sales.
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The new Tesla Model 3 Performance is expected to go on sale in China in the second quarter, and its price tag will likely be close to RMB 400,000 yuan, according to local media.
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The JV will cater to the ride-hailing market and provide battery swap services for NEVs, CATL said.
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The upgrade, which is due to be completed by the end of February, is aimed at preparing for a new model and boosting the plant's capacity.
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Cybertruck's tour of China will begin on Sunday, January 28, and will debut in eight cities.
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China already has 10 GWh of capacity for solid-state batteries, with more than 128 GWh planned for medium-term capacity, CITIC Securities said.
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Luxeed is currently promising wait times of 10-12 weeks, which is long enough to change consumer buying decisions.
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Li Auto released a range test comparison video of the Li Mega versus the Tesla Model X to show that its first BEV model has better performance.
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