Toyota have BYD inside in bZ3, Audi will built EVs on SAIC platform, Mercedes in talks with Geely regarding PHEVs powertrains. "Automobile industry saw an inflection last week, " says Yilun Zhang.
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SAIC Roewe D7 EV sedan has made its official debut in China. It will hit the Chinese market soon with a price tag between 20,850 – 27,800 USD.
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SAIC and Audi believe that China's auto market is undergoing an unprecedented and dramatic transformation, and will therefore further deepen their strategic cooperation.
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Tesla China accounted for one-third of China's new energy vehicle exports.
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Buying a BEV platform in China could be one of the "big bangs" needed for Volkswagen stock to break out of what can by now only be characterized as being largely ignored by many of the largest asset managers globally, Deutsche Bank said.
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The MG Mulan is a compact EV launched by the MG brand in September 2022 and a model for the global market.
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Audi seeks to take over the EV platform owned by IM Motors, with talks in an advanced stage, according to a Reuters report.
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The MG Cyberster got a conventional steering wheel. To launch internationally in 2024 with 544 hp and up to 580 km of range.
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The D7 is the first model under Roewe's "D" new energy product series as part of SAIC's "Three-Year Action Plan for New Energy Vehicle Development."
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SAIC is ramping up development work on solid-state battery cells, with its first production model powered by solid-state battery set to roll off the assembly line in 2025, it said.
(A concept car from SAIC's IM Motors on display at the 2023 Shanghai Auto Show. Image credit: CnEVPost)
China's largest carmaker SAIC Group expects to see its first model with solid-state battery roll off the assembly line in two years, as more local carmakers target the new battery technology for a longer range.
SAIC is ramping up its research and development work on solid-state battery cells and is making every effort to promote the large-scale application of solid-state batteries, the company said in a recent investor survey, according to a May 22 report by local media Jiemian.
SAIC's first mass-produced model with the solid-state battery will roll off the production line in 2025, it said, adding that it will allow users to enjoy a safe car experience while providing them with higher energy density power battery cells.
The report did not provide any further details. SAIC has not disclosed the investor activity.
On May 19, Ganfeng Lithium -- the world's largest lithium producer by market capitalization -- said in the minutes of an investor meeting that it had begun mass production of its first-generation solid-state battery.
Ganfeng's first-generation solid-state battery can reach an energy density of 260 Wh/kg, and its production line is designed to have an annual capacity of 4 GWh, according to the minutes.
Back at SAIC, its solid-state battery appears to have been developed with local startup QingTao Energy Development, similar to what NIO did with Beijing WeLion New Energy Technology.
On July 6, 2022, SAIC announced that it had set up a joint lab with QingTao to develop solid-state batteries.
The two will focus on the mass production of solid-state batteries with a range of more than 1,000 kilometers, 4C fast-charging technology and the development of high-safety, long-life solid-state batteries, according to a press release at the time.
C refers to the battery's charging multiplier, and 4C means that the battery could theoretically be fully charged in a quarter of an hour.
The lab will also conduct high-efficiency solid-state battery integration technology development to push solid-state battery technology to accelerate mass production, SAIC previously said.
NIO unveiled a 150-kWh semi-solid-state battery when it launched its flagship sedan, the NIO ET7, at the NIO Day 2020 event on January 9, 2021, thus bringing the new battery technology to wider attention.
Earlier this month, NIO filed for the addition of WeLion as a battery cell supplier in three models, signaling that its 150-kWh semi-solid-state battery pack is not far from being available.
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