Lei Kang

The offshore fund will help CATL finance the corporate ecosystem needed to expand production in Europe and other foreign markets, according to the Financial Times.

A total of 11.5 million units means that China's NEV sales will exceed the 10 million mark for the first time in 2024, representing a growth rate of 22 percent.

The MG Cyber GTS, unveiled at the Goodwood Festival of Speed 2024 in the UK, is a two-door, four-seat hardtop sports car.

Radar's products will operate in Thailand under the new brand name Riddara and will be presented at the 41st Thailand international auto show, which will be held in November.

Model 3 wait time went from 1-4 weeks to 2-4 weeks, Model Y remains unchanged at 1-3 weeks.

China's NEV retail penetration stood at 47.44 percent in July 1-7, and 41.95 percent year-to-date.

CATL's share increased by 1.19 percentage points in June compared to May, while BYD decreased by 3.65 percentage points.

The Song L DM-i is expected to be powered by the same DM 5.0 hybrid system as the Qin L DM-i hybrid sedan, resulting in lower fuel consumption and longer range.

China sold 612,000 BEVs and a record 436,000 PHEVs in June.

The standard range variant of the Nio Onvo L60 will carry a 60.6-kWh battery pack with a CLTC range of 501 to 555 kilometers, according to a new regulatory document.