CnEVPost Newsletter: BYD releases earnings preview; CATL partners with Didi on battery swap
BYD expects profit growth of up to 86.49% in 2023
BYD achieved a significant improvement in earnings, demonstrating strong resilience despite tougher competition in the industry, the company said.
Tesla's new Model 3 Performance could be launched in China in Q2, report says
The new Tesla Model 3 Performance is expected to go on sale in China in the second quarter, and its price tag will likely be close to RMB 400,000 yuan, according to local media.
Tesla gets 22.5% of its revenue from China in 2023
In the fourth quarter, Tesla's revenue from China was a record $6.1 billion, or 24.25 percent of its total revenue.
Baidu-backed Jiyue to unveil 2nd model Jiyue 07 at Beijing auto show
The Jiyue 07 will be unveiled at the Beijing auto show in April and deliveries will begin in the second half of the year, according to local media.
CATL, Didi form JV for battery swap business
The JV will cater to the ride-hailing market and provide battery swap services for NEVs, CATL said.
Battery maker Gotion expects 2023 profit to increase by up to 253%
Gotion said further reductions in raw material costs and the introduction of Volkswagen's management system have helped it improve efficiency.
MG launches limited-edition new variant for electric roadster Cyberster in China
The new variant of the Cyberster revives the color scheme of some of the classic models in MG's history, with only 100 units offered in the first round of sales.
GAC Aion enters HK market, plans to build 6 stores in 2024
GAC Aion has launched the Aion Y Plus in Hong Kong and gave its Hyper sub-brand's Hyper HT SUV, Hyper SSR supercar their debut in the city.