In the first three months of the year, Xpeng significantly increased its vehicle deliveries compared to the same quarter last year. In total, the Chinese electric car manufacturer delivered 34,561 vehicles in this period.
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Japanese electric motor manufacturer Nidec announces the construction of a new electric axle drive factory in China. The factory in Pinghu in China’s Zhejiang province will be designed for an annual capacity of one million units and is scheduled to start production in October 2023.
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A few days after the market launch of the Audi Q5 e-tron built by SAIC Volkswagen, pre-sales of the Audi Q4 e-tron from FAW Audi are now also starting on the Chinese market.
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BYD has started pre-selling its Seal electric sedan in China. This means that the prices and technical data of the eagerly awaited electric car, which is intended to compete with the Tesla Model 3, are now known.
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Geely and Farasis have started building a new factory in China as part of their battery joint venture. The new production facility will initially be designed for an annual capacity of 12-gigawatt hours. The final capacity will be up to 30 GWh.
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US automotive supplier BorgWarner has announced multiple electrification awards. These include two deals involving electric motors and inverters with two Chinese companies respectively, as well as battery management systems for commercial vehicles from a “leading global vehicle manufacturer.”
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As it moves toward becoming a fully electric car maker by 2030, Volvo Cars is turning its app into a “one-stop-shop” for drivers of Volvo Recharge vehicles. The new version integrates charging functions and payment options that Volvo has added through recent partnerships.
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Denza, BYD’s Chinese joint venture with Mercedes-Benz, has unveiled the D9, a van available with a choice of pure electric or hybrid drive. Prices for the BEV start at 390,000 Yuan (€55,000).
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Production at the German Tesla factory in Grünheide is apparently still running at a low level. According to a media report, only 86 Model Y Performance per day are currently coming off the production line.
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The Chinese charging infrastructure manufacturer Xcharge has presented its latest product line Net Zero, which is also to be launched in Europe. The fast charging solution offers up to 210 kW of power for parallel charging of up to two electric cars and is equipped with batteries from BYD as buffer storage.
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A total of 280,000 New Energy Vehicles were sold in China in April, up 50.1 per cent from the same month last year but down 38.5 per cent from March 2022, making April the weakest month of the year so far.
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Chinese electric car manufacturer Leapmotor has presented the C01 electric sedan, its recently announced first production model with cell-to-chassis technology. With the premiere, not only the technical specifications but also the first prices were announced.
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Tesla is aiming to increase production at its Shanghai plant to 2,600 cars per day starting May 16. The company plans to do so by expanding production to additional shifts.
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Shanghai-based producer of electric vehicle battery components Semcorp plans to invest $916 million in a manufacturing plant in Sidney, Ohio. The facility will make separator film for EV battery makers across North America.
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Tesla has now confirmed that it intends to build a second plant in Shanghai. This is to be located near the existing Giga Shanghai. The planned production capacity is also already known.
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Changan and Changan’s electric car brand Avatr, launched last year, has unveiled the Lumin Corn, an all-electric subcompact designed to counter the dominance of the Wuling Mini EV in this segment in China.
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The Chinese battery cell manufacturer Eve Energy, whose customers include BMW, is planning a new production facility with a capacity of 50 GWh per year in Chengdu. The new factory, which will also include a research institute, will be built in two phases with 20 GWh and 30 GWh respectively.
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The Chinese electric car manufacturer Xpeng receives a credit line of up to 7.5 billion yuan from the Agricultural Bank of China for the further expansion of its business activities.
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BYD posted a net profit of 808 million yuan (116 million euros) in the first quarter of 2022, up 241 per cent from the same quarter last year. Sales increased by 63 per cent to 66.8 billion yuan.
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The Chinese battery manufacturer CATL has won Aiways as the first automotive partner for its battery exchange business Evogo. The first suitably equipped Aiways is to be launched on the market this year.
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The Chinese electric car manufacturer Leapmotor has announced its first production model with cell-to-chassis technology, in which the battery is integrated into the vehicle body. The Leapmotor C01 electric sedan is scheduled to hit the Chinese market before the end of the second quarter of 2022.
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GAC Aion, the e-car offshoot of the Chinese GAC Group, is also entering the battery exchange station business. The first of these stations has now been opened in Guangzhou. At the same time, a price reduction is intended to increase the distribution of the manufacturer’s extremely fast-charging vehicles.
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BYD has announced the construction of another battery factory in China. The new plant in Nanning, the capital of the Guangxi Autonomous Region in southern China, will produce battery cells and modules for both electric cars and stationary energy storage.
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The Chinese electric car brand Neta from Hozon Auto has unveiled its next model, the Neta S, a sporty electric sedan. This will be offered in a pure battery-electric version as well as a variant with a range extender.
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The Chinese battery cell manufacturer CATL has secured the mining rights for a lithium mine in Yichun in Jiangxi province for 865 million yuan (123 million euros). According to CATL, the mine is expected to yield 2.66 million tonnes of lithium metal oxide.
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Tesla has presented their business figures for the first quarter of 2022. Tesla achieved a surplus of 3.32 billion euros. While the production stop in Shanghai at the end of the quarter prevented better results, it is only likely to show its full effect in Q2.
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Tesla’s Shanghai plant has apparently resumed suspended production. According to a media report, battery and motor production is up and running again and vehicle assembly is being gradually increased. It is unclear how long the factory’s inventory will last.
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The German premium manufacturers BMW, Mercedes-Benz and Audi are clearly behind Chinese brands with the sale of electric cars in China.
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With the Urbansphere Concept, Audi has presented another concept car for an electric model of the future. The interior in particular is designed for “traffic in the megacities of China” – with the largest and most spacious interior of any Audi to date.
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The Chinese joint venture BMW Brilliance Automotive (BBA) has inaugurated the expansion of its Dadong plant in the city of Shenyang, China. With the completion of the conversion measures, the plant will be able to flexibly produce vehicles with combustion engines, plug-in hybrids or fully electric drive systems.
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