CnEVPost Newsletter: China EV insurance registrations; CATL earnings preview
For the January 1-28 period, Nio was 9,900 units, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500.
United Nova said it will be the production supplier for Nio's first in-house developed 1200 V SiC module, helping the EV maker build on its leadership position in the 900 V high-voltage platform.
BYD's average profit per vehicle fell by about RMB 1,400 in the fourth quarter from the third quarter, mainly due to promotions through discounts and incentives offered to dealers, a team of analysts said.
BYD entered into a partnership with Rwandan distributor CFAO Mobility in 2023, and the local launch of the Atto 3 marks its official entry into the East African market.
The earnings preview implies CATL returned to net profit growth in the fourth quarter, after seeing a sequential decline in the third quarter.
The regional headquarters are aimed at serving customers close to where they are and mark Eve Energy's transition to global operations, it said.
Thanks for reading CnEVPost Newsletter! Subscribe for free to receive new posts and support my work.