CnEVPost Newsletter: Tesla China sales; BYD's commercial vehicle push
Tesla's share of the BEV market in China was 11.50 percent in February, down from 12.56 percent in January.
The BYD Atto 3 will start at £36,490 ($43,230) in the UK and deliveries there will begin on March 15.
BYD has set a budget of more than $20 billion for its commercial vehicle division through 2025, with major spending planned for research, product development and capacity expansion, according to the Wall Street Journal.
Ford is clearing out Mustang Mach-E inventory, and Chinese consumers have until April 30 to take advantage of the discount.
CATL's RMB 6.4 billion restructuring proposal was approved unanimously by lithium miner Sinuowei's creditors, according to local media.
In terms of retail sales, China's NEV penetration rate was 31.6 percent in February, up nearly 10 percentage points from a year ago and up from 25.7 percent in January.
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