CnEVPost Newsletter: Li Auto says Covid had big impact on April production; BYD teases interior design of Seal

Tesla’s Chinese website sells a used Model 3 as well as a used Model Y for a price higher than the price of a new car with the same specifications.

The images released by BYD show a clean design with a large center screen and a slightly smaller instrument screen inside the car.

BYD’s net profit will continue to improve every quarter going forward as lithium carbonate prices fall and model price increases bring profit flexibility, CITIC Securities said.

From windows and seats, to body control and engine control, every innovation in automotive electronics has to be realized through the computing and control functions of MCU chips.

Rumors surfaced yesterday that CATL may post earnings of less than RMB 5 billion in the first quarter, falling short of market expectations.

Gotion will supply power cell products to Geely New Energy Commercial Vehicle Group from 2022 to 2024, with an estimated total of 126,000 units.

AITO Wenjie M5 retail sales in March were 3,045 units, according to data released by the CPCA earlier this month.

DeepRoute-Driver 2.0 currently costs less than $10,000, and the cost of the self-driving system could be reduced by another 70 percent after large-scale partnerships with automakers.

In the first two weeks of April, Chinese passenger vehicle wholesale sales averaged 24,000 units per day, down 44 percent year-on-year and down 48 percent from the average for the first two weeks of March.