CATL will begin battery cell production in Hungary by late 2025.
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Category: China
CATL is in talks to set up a battery recycling business in Europe, discussing possible plant sites with European governments including Hungary, according to Bloomberg.
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HIMA's available models will exceed 10 next year, and one of the key models will be the Aito M8, which will compete with Li Auto's Li L9.
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Xiaomi deliveries pick up speed and help to contribute to the fortunes of both the auto unit and the group with likely profit soon.
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Chery claims to have world's first GWh capable solid-state battery production line about to go into operation. Equipment has been delivered.
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Currently 90 percent of China's power batteries are transported by road, and rail transportation is expected to reduce costs and improve efficiency.
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Xpeng reported revenue of RMB 10.1 billion in the third quarter, with a record gross margin of 15.3 percent, beating analysts' expectations.
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SAIC-GM-Wuling partners with CATL to adopt the battery swap solution for commercial vehicles. They will adopt Choco-SEB batteries.
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Nio was up about 25%, BYD was up 10%, and Xiaomi grew 4%, while Tesla was 1.2% down from the previous week.
The post China EV registrations in W46: Nio 3,800, Xiaomi 5,700, Tesla 17,100, BYD 94,700 appeared first on CarNewsChina.com.
BYD is developing a smart driving chip with a computing power of 80 TOPS that will be used in the company's models priced between RMB 80,000 ($11,060) and RMB 300,000, according to local media.
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