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Honda to purchase 123 GWh of batteries from CATL for EVs in China from 2024 through 2030

Green Car Congress

Leading China-based battery manufacturer Contemporary Amperex Technology Co., Limited (CATL) and Honda Motor (China) Investment Co., announced that from 2024 through 2030, Honda will purchase 123 GWh of batteries for pure electric vehicles in China from CATL. Earlier post.). Earlier post.).

Honda 334
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NIO launches Battery as a Service (BaaS) in China; battery swap system

Green Car Congress

Premium EV manufacturer NIO has launched Battery as a Service (BaaS) for customers in China. NIO BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly.

China 508
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Tesla China launches zero downpayment program for inventory vehicles

Teslarati

Tesla China has announced a zero downpayment program for inventory Model 3 sedans and Model Y crossovers. The program, which is likely a way for the company to boost its domestic sales in China, was announced by the electric vehicle maker in a post on its official Weibo account. So, we’re doing well,” Musk said.

China 134
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BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

Green Car Congress

BNEF said that it expects China will continue to lead, with some 1.5 China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales.

2019 392
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Tesla China launches Enhanced Autopilot subscriptions

Teslarati

Tesla has launched subscriptions for Enhanced Autopilot (EAP) in China, as many expect that the company could soon launch its Full Self-Driving (FSD) in the country. Tesla currently also offers EAP in China for a one-time purchase of 32,000 yuan (~$4,509), as can be seen on the company’s order configurator. In the U.S.,

China 133
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China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations. China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 China saw BEV sales of 490,000 units in March, up 23.8

China 114
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Hertz is pausing purchases from Polestar as it shifts away from EVs

Teslarati

Rental car company Hertz recently announced plans to slow down its electrification strategy by selling off some electric vehicles (EVs), and now the company has halted its plans to purchase EVs from the Polestar. Polestar becomes Tesla’s latest Supercharger Network partner in China What are your thoughts?

Purchase 112