Chinese electric cars are accelerating their presence in Singapore. Institutions predict that electric car sales in Singapore will increase by more than 70% this year.
The Singaporean government has introduced a series of stimulus policies and vigorously constructed charging stations, attracting more and more Chinese electric vehicle brands to enter Singapore. Recently, Xpeng and YiKe have landed.
The battery inventory is a tale of two extremes under high pressure, with a stable leading position and shuffling at the tail end. | Jianzhi Research
Battery inventory reaches a new high for the year.
Geely wields the "Dragon-slaying Sword".
Geely Auto, which is determined to 'regain its position as the leader in China's independent brand market', intends to create a series of 'blockbusters' to regain its own crown.
What are the advantages of China's electric cars in terms of cost? This Wall Street investment bank has done the math.
Barclays pointed out that factors such as battery, supply chain, and economies of scale provide Chinese automakers with up to 40% cost advantage, with BYD Qin Plus gross margin reaching 18%. Benefiting from China's cost advantage, the gross margin of the domestic Tesla Model Y is as high as 24%, about twice that of the overseas version.
Tesla CEO Elon Musk Says Warren Buffett-Backed EV Maker BYD Should Change Approach To Autonomy 'Fast Or They're In Trouble'
When will the lithium salt industry be cleared out as prices drop below 8? | Jianzhi Research
The spot and futures prices of lithium carbonate hit a new low for the year, posing a challenge for lithium salt manufacturers to survive.