CnEVPost Newsletter: Nio's multiple partnerships; China NEV sales
Nio said it and JAC, Chery will carry out deep strategic cooperation in battery standards, battery swap technology, battery swap service network construction and operation.
A new company called Zhongan Energy was launched today and it will build 1,000 battery swap stations with the support of Nio and two state-owned groups in Anhui province.
Nio has also signed strategic cooperation agreements with two state-owned groups in Anhui province for energy storage, charging, and battery swap system construction.
Xpeng Aeroht said its modular flying car will be mass-produced and delivered in the fourth quarter of 2025.
Li Auto's 2024 models will have configuration updates and will be launched and begin deliveries in March, it said.
The vessel, named BYD Explorer No.1, was chartered to BYD by the ship owner and will sail to Europe after loading vehicles.
China's total vehicle sales in 2023 stood at 30,094,000 units, the first time it has surpassed the 30 million mark, with NEVs contributing 31.6 percent.
By the end of 2023, China had 15.52 million BEVs, accounting for 76.04 percent of all NEVs.
CATL and BYD both saw their share of the Chinese power battery market increase slightly in December.
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