Lei Kang

The Haval brand was for a long time the top-selling in the SUV market in China, but with the rapid growth of the NEV industry, it has lost its dominance to BYD.

Since October 2021, BYD has acquired five mega industrial sites in the Shenzhen-Shanwei Special Cooperation Zone, with a combined area of more than 4.1 million square meters.

To date, Li Auto has 13 supercharging stations and aims to have more than 300 by the end of the year.

Nio's 1,400th battery swap station in China was built with German retail giant METRO, and the two have built a total of 21 such facilities together to date.

The battery plant will support electric two-wheeler and power tool manufacturers in Malaysia and Southeast Asia, Eve Energy said.

BYD and Weichai Power will build a power battery development and manufacturing base in Shandong province, where the latter is headquartered.

In the increasingly competitive Chinese EV market, EV makers are hoping to capture initial consumer enthusiasm and avoid losing potential orders.

Nio is filming promotional videos for the ET5 touring in Norway, and leaked images show more details of the model.

This will help it further expand into the European market and accelerate its globalization, Hesai said.

Prior to entering Malaysia, Neta's efforts in Southeast Asia focused on Thailand and began construction of a Thai factory in March.