EV Industry News Roundup: NIO's ET7 Launch, CATL's Q1 Results, EV Infrastructure Expansion, and More

NIO is set to launch its new ET7 sedan, equipped with a 150 kWh semi-solid state battery pack, signaling NIO's commitment to battery innovation with the start of mass production of these advanced batteries Pre-orders commence on April 16, with an endurance challenge arranged to surpass a 650-mile range record set by NIO's CEO, William Li NIO also rejuvenates its lineup with seven new models including the upcoming 2024 ET5. Meanwhile, CATL experiences a mixed Q1 with a year-on-year decline in revenue but an increase in net profit and battery installations, as it continues to lead the global EV battery market In other news, Chery begins marketing the Omoda 5 in Europe, Cadillac introduces the new Optiq SUV concept while facing NHTSA investigations into Lyriq's brake issues, and Glenn Zorpette continues to drive content development at IEEE Spectrum The excitement of the Formula E race is tinged with technical challenges as Nissan's Oliver Rowland and Porsche's Pascal Wehrlein vie for victory. Discussions on the EVs' implication on air quality, congestion, and the importance of charging infrastructure underline the expansion efforts, with investments in Illinois and technological advancements such as CATL's new energy storage system, TENER The US sees tax credit incentives influence the growing EV market amidst affordability debates and price drops reported by Kelley Blue Book, while California sets records with renewable energy use Global EV adoption trends upwards, illustrated by rising imports in Ukraine and growing EV registrations in New Jersey.

Lastly, WeaveGrid's software integration with EV grids gets a boost in Michigan, and Tesla addresses delivery delays, including issues with the Cybertruck's accelerator pedal.