NIO intends to build plant in US, report says - CnEVPost — cnevpost.com NIO's plant in the US may initially adopt a CKD (Completely Knocked Down) or SKD (Semi Knocked Down) form of production, local media said, citing an industry source.

XPeng rumored to be making management reshuffle, putting overseas expansion on hold - CnEVPost He Liyang, XPeng's vice president in charge of overseas markets, has recently left the company and his duties have been taken over by a vice president of human resources, according to LatePost.

Li Auto reportedly cuts this year's sales target by 15% - CnEVPost Li Auto originally planned to sell 200,000 vehicles this year, but now believes that target will not be met given the current challenging macroeconomic environment, according to LatePost.

BYD expects its BEV business to cover 45 major cities in Brazil by year-end - CnEVPost BYD has 100 designated dealers in Brazil by the end of 2023.

Jidu targets family passenger car market with prices around RMB 200,000 - CnEVPost In China, cars priced around RMB 200,000 are seen as offering the best balance of affordability and specifications.

CATL said to supply round batteries for BMW's new EV models - CnEVPost BMW plans to use round cells in models based on the Neue Klasse electric vehicle platform to be released in 2025, which is expected to bring down costs by 30 percent.

Gotion High-Tech to mass-produce semi-solid-state batteries this year - CnEVPost The semi-solid-state battery has an energy density of 360Wh/kg, much higher than the 210Wh/kg of conventional ternary lithium batteries, according to a Gotion executive.

Didi reportedly attracts interest from China FAW to buy stake - CnEVPost FAW has approached Didi and pledged to help it resolve issues related to data security and pave the way for a Hong Kong listing, according to Bloomberg.