StarCharge is considering an IPO in Hong Kong, potentially raising about $500 million and seeking a $5 billion valuation, according to Bloomberg.
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The battery pack, called "Wuling Red 1", is 148 mm thick, which SAIC-GM-Wuling said is the thinnest battery for commercial vehicles.
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Tesla said its vehicle volume growth rate in 2024 could be notably lower than in 2023 as the team works to roll out next-generation vehicles at its Texas plant.
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DJI Automotive and Huawei's automotive business will be options that must be considered by established carmakers that are short on smart driving R&D, local media said.
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The Neta model, codenamed EP41, will be the third shooting-brake style model launched by a Chinese EV maker after the Zeekr 001 and the Nio ET5 Touring.
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Last month, a Chinese media outlet reported that Tesla was planning to restart the third phase of its Shanghai factory, possibly focusing on a $25,000 model.
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The Model S and Model X are not produced locally in China, and they have had expected delivery dates of the first quarter of 2024 for the past few months.
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Xpeng is starting to offer a RMB 50,000 discount, or 14.7 percent, on the P7i Wing Edition, as competition heats up in China's EV space.
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During the January 1-21 period, Li Auto was at 18,700, Nio at 6,600, Xpeng at 4,600, Tesla at 22,400 and BYD at 125,100 units.
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Shanghai, Beijing, Shenzhen, Chengdu, Nanjing, Hangzhou, Xi'an, and Chongqing will be the first eight cities that Cybertruck will tour in China.
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