CnEVPost Newsletter: Tesla Shanghai plant resumes production

Tesla Shanghai plant resumes production, 8,000 employees return to work - CnEVPost — cnevpost.com Tesla says it still has about a week's worth of vehicle parts in stock and is actively pushing more than 100 suppliers to resume production with the support of Shanghai authorities.

One year on, NIO moves forward with Power North plan in region forgotten by other EV makers - CnEVPost One year ago today, NIO unveiled its Power North plan to do what other EV makers are not willing to do to improve the experience for customers in northern China.

NIO's battery asset operator raises $62.62 million through ABN offering - CnEVPost This allows Mirattery to establish a direct financing channel in the Chinese interbank market, providing a boost to the further development of its BaaS service system, it said.

CATL's Zhaoqing base finishes construction of first phase plant, expected to start production in June - CnEVPost Equipment installation for the project is underway, and the module plant has seen battery pack samples roll off the line.

LFP batteries expected to have over 60% global share by 2024, report says - CnEVPost The last two years of global battery cathode material industry capacity planning shows that the expansion scale and speed of LFP materials will far exceed that of ternary materials.

China will push NEV material prices to return to rationality as soon as possible, official says - CnEVPost China will accelerate the development of domestic resources, crack down on hoarding and other unfair competition, and push raw material prices to return to rationality as soon as possible, the MIIT spokesman said.