Onvo and Firefly -- Nio's two sub-brands, Xiaomi EV and BYD Fang Cheng Bao, will be attending the Shanghai auto show for the first time.
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Category: EV Industry
The land is located in Jinshan district in southwestern Shanghai and covers an area of about 1.13 million square meters.
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China NEV retail sales were lower at the beginning of the month compared to the same period last month, partly due to a public holiday.
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March's performance ended the previous two months of sequential declines, as the slow season for Chinese auto sales at the beginning of the year winds down.
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China's passenger NEV retail sales rose 45.0 percent in March from February, ending two consecutive months of sequential declines.
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China's passenger NEV retail sales rose 45.0 percent in March from February, ending two consecutive months of sequential declines.
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As of press time, BYD was down 11.15 percent, Nio 11.30 percent, Xpeng 11.40 percent and Li Auto 10.82 percent.
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China's NEV retail penetration was 52.3 percent in March and 47.67 percent year-to-date.
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China's wholesale sales of passenger NEVs were estimated at 1.14 million units in February, up 37 percent year-on-year and up 37 percent from February.
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Some vehicles in the recall have fire risk due to battery reliability and control strategy issues in the battery management system software.
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