CnEVPost Newsletter: NIO adds top talents to battery team; Tesla sells 74,402 China-made vehicles in Feb
NIO ramps up battery R&D efforts, taps talents from Apple, Panasonic, report says
NIO's battery R&D team has now exceeded 800 people, with annual R&D investment expected to exceed RMB 1 billion, according to local media.
Full text: NIO Q4 earnings call transcript
This is a full-text translation from CnEVPost of NIO's March 1 earnings call.
XPeng offering discounts to clear P7 inventory, facelift to launch next week, report says
The new XPeng P7 will be named P7i and will go on sale next week, when pricing information will be announced, according to local media.
Lithium carbonate prices to fall sharply as demand far below expectations, Li Auto CEO says
In January and February, insurance registrations for passenger cars in China were down more than 25 percent from a year earlier, Li Auto CEO said, citing insurance registration data.
Tesla sells 74,402 China-made vehicles in Feb, up 12.6% from Jan
In the first two months, Tesla sold 140,453 China-made vehicles, up 20.71 percent from the same period last year.
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