CATL will provide technology and service support for the production of the LFP battery plant, while Ford will be responsible for cell and vehicle integration.
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Bridgewater reduced its holdings in NIO by 27.91 percent, XPeng by 6.15 percent and Li Auto by 46.63 percent during the fourth quarter.
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Wait times for the NIO ES7 and ET7 have both changed from the previous 3-4 weeks to about 3 weeks, and the ET5 has gone from about 3 weeks to 2-3 weeks.
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Ford announced on Monday that it’s planning the installation of lithium iron phosphate (LFP) batteries into its Mustang Mach-E starting later in calendar year 2023 and its F-150 Lightning in calendar year 2024. The shift will potentially bring lower EV prices, although that will “depend on what happens with the market,” according...