CnEVPost Newsletter: Lithium carbonate prices; Aito M7 order intake
Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said.
As NEV ownership rises rapidly, battery swap may be the way to go when the load of residential charging struggles to meet demand, said an opinion piece in Economic Daily.
The production capacity target for the new Aito M7 has been raised to an average of 700 units per day, with a maximum annual capacity of 200,000 units, according to local media.
The Zeekr 007 will be officially launched and begin deliveries in early January 2024 with a pre-sale starting price of RMB 229,900 yuan.
After Germany and the UK, Great Wall Motor plans to expand its presence in Europe to eight additional countries including Italy and Spain, according to local media.
Changan's production facility in Thailand will introduce models from sub-brands Deepal, Avatr, and Qiyuan, with an annual capacity of 100,000 units in the first phase.
Deepal delivered 15,513 vehicles in October, taking January-October deliveries to 102,417 vehicles.
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