CnEVPost Newsletter: Tesla cuts production in China; Li Auto lowers sales target
Tesla cuts car production in China amid slower EV sales growth, report says
Tesla has told employees and some suppliers to prepare for an extension of production limits through April, according to Bloomberg.
Li Auto reportedly lowers 2024 sales target to 560,000-640,000 cars
Li Auto previously aimed to sell as many as 800,000 vehicles in 2024, and become the best-selling premium car brand in China.
Nio's power unit signs deal with Anhui's Zhongan to advance swap station buildout
Zhongan and Nio Power will jointly promote the construction of 1,000 battery swap stations, creating an open energy network and a battery asset management and operation system, Nio said.
Zeekr starts warming up for 5th model Zeekr Mix
Zeekr's fifth model, officially named the Zeekr Mix, is aimed at creating a new family mobility lifestyle, it said.
SAIC forms JV with Indian steelmaker JSW to produce MG-branded EVs
The joint venture plans to launch a new product, including NEVs, every three to six months starting this year, with two new products to be launched this year.
Chinese eVTOL maker Ehang opens flight demo facility in Japan
The facility will provide Ehang's eVTOLs, including the EH216-S, with a local demonstration flight site, ground infrastructure and maintenance base.