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Leaked image hints that tech giant Xiaomi’s first EV platform may be 800V and over 100 kWh

Xiaomi battery

We haven’t even come close to seeing what sort of design Chinese electronics manufacturing behemoth Xiaomi intends to deliver under its young automotive division, but we may have a better idea of what level of power it may be packing. A recent image has surfaced that appears to showcase Xiaomi’s EV battery specs, hinting at an 800-volt platform housing over 100 kWh of battery power.

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NIO CEO cites Tesla’s warm welcome in China as it demands equal access from US gov’t

NIO US

As an American automaker, Tesla continues to grow its production footprint (and sales sheet) in China, but the same opportunities are not currently available to Chinese EV automakers, like NIO, hoping to enter the US market. NIO CEO William Li hopes that will soon change as both he and Elon Musk stress the need for improved relations between the US and China.

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Audi reportedly in ‘advanced talks’ with Chinese state-owned SAIC Motor to buy EV platform

Audi SAIC

The rumor mill is gaining momentum in China as two more sources have shared new details of Audi’s alleged plans to source its next EV platform from an OEM overseas. Chinese-state owned SAIC Motor appears to be the current frontrunner as discussions with Audi are reportedly advancing and pertain to the former’s luxury sub-brand IM Motors.

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China Ministry retracts pricing pledge for local automakers, citing anti-monopoly law

China EV pricing

Mere days after gathering over a dozen automakers building EVs in China to commit to a non-binding pledge to avoid further price wars, China’s Association of Automobile Manufacturers, at the advisement of the country’s Ministry of Industry and Information Technology, has retracted the pledge after quickly catching flack promoting potential monopolization.

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China revises EV credits for automakers, reducing offset opportunities that have driven production

new NIO brand

China’s Ministry of Industry and Information Technology announced a revision to its long-running “dual-credit policy,” in which local automakers earn certain calculated credits for each EV they build. The Ministry is reducing said credit by 40%, putting certain automakers in jeopardy of non-compliance and risk of losing their ability to sell to the public.

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Over a dozen EV automakers, including Tesla and NIO pledge to avoid further price wars in China

XPeng G6

A slew of automakers in China have banded together and pledged to regulate how they market their EVs and avoid further price wars to help stabilize a booming market for consumers. Chinese EV automakers like NIO, XPeng, and BYD have been joined by the likes of Tesla to promote healthy competition and less “bad blood” overseas.

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XPeng Motors launches $29k G6 Coupe SUV in China, giving the Tesla Model Y a run for its money

Less than a month after rolling its first new coupe SUVs off its assembly lines in China, XPeng Motors has officially launched its latest model – the G6. Priced below $30,000, XPeng sees the G6 as a serious competitor to the Tesla Model Y and plenty of other EVs in China. The automaker has a lot riding on this one as it looks to bolster less-than-stellar sales in its native country as of late.

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China extends EV tax exemptions totaling $72 billion through 2027, the largest tax break to date

China EV tax

China’s Ministry of Finance has confirmed that tax exemptions for New Energy Vehicles (NEVs) scheduled to expire at the end of this year have been extended through 2027. Consumers in China will now be able to take advantage of EV tax breaks amounting to over $4,000 per vehicle to start, which will dwindle down over the next four years.

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XPeng’s G6 arrives as competitor to Tesla Model Y in China, nabs over 25k orders in first 72 hours

XPeng G6 orders

Just three days after hitting showrooms and opening pre-orders, XPeng Motors’ G6 SUV is garnering a lot of hype in China as over 25,000 customers have already reserved one. This is encouraging news for the automaker, which has put a lot of faith into its latest model as the EV that will compete with the Tesla Model Y and help boost its delivery numbers this year.

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Fisker to sell and possibly build Ocean EVs in China, expects first deliveries in early 2024

Fisker China

Fisker Inc. announced that it will soon begin selling (and possibly producing) its flagship Ocean SUV in China. Executives from the American automaker recently visited Shanghai and discussed collaboration opportunities in the country, which has enabled plans for a delivery center opening this year followed by first Ocean deliveries in 2024.

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