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.
Nio reaches deal with local firm for production of SiC modules
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.
Analysts explain why BYD's average profit per car fell in Q4
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 enters Rwanda with launch of Atto 3
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.
CATL expects profit growth of up to 48% in 2023
The earnings preview implies CATL returned to net profit growth in the fourth quarter, after seeing a sequential decline in the third quarter.
Eve Energy launches global operations, opens 7 regional headquarters
The regional headquarters are aimed at serving customers close to where they are and mark Eve Energy's transition to global operations, it said.