CnEVPost Newsletter: NIO's 1st 3rd-gen swap stations to go live on Mar 28; Lithium prices plunge further
NIO's 1st 3rd-gen swap stations to go live on Mar 28
NIO's third-generation battery swap stations are expected to be ready for volume production in April, with deployment ramping up in May, William Li said a month ago.
BYD makes brand debut in Uzbekistan, starts local pre-sales of 3 models
BYD introduced three models in Uzbekistan and its three pioneering stores in Tashkent will open in March.
Kia enters China's crowded EV market, 1st model expected to launch in Aug
The Kia EV6 will be brought to China as an import and is expected to go on sale in August this year. It will also launch the EV5 in November, its first model to be produced in China.
Lithium prices see biggest drop this year in China as decline accelerates
NIO's management previously said they expect lithium carbonate prices to fall back to RMB 200,000 per ton this year, boosting gross margins.
Gotion reaches deal with Edison Power to tap Japan's energy storage market
Gotion and Edison Power have a planned sales target of 1 GWh in the first year of the partnership, rising to 2 GWh per year from the second year onwards.
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