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Chinese regulators vow to crack down on price gouging as lithium prices rise to staggering levels

CN EV Post

China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today. The post Chinese regulators vow to crack down on price gouging as lithium prices rise to staggering levels appeared first on CnEVPost.

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XPeng most vulnerable to Tesla price cut among Chinese EV trio

CN EV Post

The post XPeng most vulnerable to Tesla price cut among Chinese EV trio appeared first on CnEVPost. For more articles, please visit CnEVPost. By the close of trading, XPeng was down 6.82 percent in Hong Kong, Li Auto was down 6.55 percent and NIO was down 4.03

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Polestar 3 SUV officially unveiled, but prices may drive away Chinese consumers

CN EV Post

The post Polestar 3 SUV officially unveiled, but prices may drive away Chinese consumers appeared first on CnEVPost. For more articles, please visit CnEVPost. The Polestar 3 costs twice as much in China as the NIO ES7 and about the same as the Porsche Taycan.

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Some Chinese lithium producers stop production to stem continued price decline

CN EV Post

Some producers in a Chinese lithium-producing hub are shutting down production as lithium prices have seen a rare streak of several months of declines this year. However, these disruptions did not stop lithium carbonate prices from falling, even though many expected so. percent and 4.88

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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. But how could this affect Tesla pricing?

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Overseas premiums likely to provide support for lithium prices in China, analysts say

CN EV Post

Overseas lithium prices are already at a 20 percent premium to Chinese prices, which is expected to provide support for lithium prices as the export window opens, analysts said. The post Overseas premiums likely to provide support for lithium prices in China, analysts say appeared first on CnEVPost.

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Chinese Polestar 2 owner faces higher cost than new car in replacing damaged battery pack

CN EV Post

times the price of his vehicle. The post Chinese Polestar 2 owner faces higher cost than new car in replacing damaged battery pack appeared first on CnEVPost. For more articles, please visit CnEVPost. A Polestar 2 owner was told it would cost RMB 540,000 ($79,200) to replace a damaged battery pack, 1.6

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