Xiaomi reduces loss per car to $5,250 in Q3 and deliveries now exceed 100,000
Xiaomi has set a record for the fastest time for a new car producer to reach 100,000 cars off the production line. The speed has also helped a marked increase in the fortunes of the Xiaomi Auto unit, as revealed by the third quarter (Q3) Xiaomi results. Although the unit...
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Chery claims to be world’s first company with 1 GWh solid-state battery production line
Chery claims to be creating the world’s first GWh-level all-solid-state battery production line in Wuhu, Anhui Province. The Anhui Daily reported that containers of equipment were delivered on November 18 to the factory site located in the Wuhu Economic and Technological Development Zone. – Advertisement – The first phase of...
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SAIC-GM-Wuling adopts CATL’s battery swap solution for commercial EVs
SAIC-GM-Wuling partners with CATL to adopt the battery swap solution for commercial vehicles. They will adopt Choco-SEB standardized swappable batteries. CATL’s battery swap infrastructure is called Evogo. This cooperation will help CATL to promote the slow development of its battery swap infrastructure. – Advertisement – On November 18, the SAIC-GM-Wuling...
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Nio 3,800, Xiaomi 5,700, Tesla 17,100, BYD 94,700
In the second full week of November, week 46, China’s EV market was mostly up, with Tesla being an exception. Nio was up about 25%, BYD was up 10%, and Xiaomi grew 4%, while Tesla was 1.2% down from the previous week. – Advertisement – Week 46 of 2024 was...
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