Lei Kang

NEV penetration at retail in China was 33.3 percent in May, up 6.7 percentage points from 26.6 percent a year earlier and up from 32.3 percent in April.

EVOGO's battery swap service was previously available in Xiamen, Hefei and Guiyang.

Zhu Jiang, a former executive at Nio, Ford and Jidu Auto, has joined Lucid to head up its China operations, and he said Lucid is starting to prepare for its entry into the country.

Li Auto's Beijing plant is expected to see its first vehicle roll off the line by September, a local media report said in March.

The preliminary figure was below the CPCA's previous estimate of around 580,000 units, suggesting that the market performed below expectations in the last week of May.

The Phoenix battery will be in mass production next year and is expected to be used in production vehicles by the end of next year, Greater Bay said.

Svolt Energy is planning to invest $30 million to build a battery module pack plant in Thailand, according to local media.

Cumulative sales of Han family models reached 505,062 units and Tang family reached 501,662 units.

Neta is actively preparing for entry into the European market and will release a heavyweight global model, it said.

As of June 4, China's NEV ownership had exceeded 15 million units, achieving the goal of its 14th five-year plan ahead of schedule, an academician said.