Lei Kang

Xpeng and BP Pulse reached a partnership agreement in January to share their charging networks.

Chery is set to reach a cumulative total of 5 million car exports later this month, becoming the first Chinese automaker to achieve this milestone.

Leapmotor has launched pre-sales of its T03 compact EV and C10 SUV in Hong Kong.

Leapmotor began pre-sales of the updated C16 earlier this month, with a starting price of RMB 169,800 ($23,640).

Yangwang launched the U7 on March 27, with a starting price of RMB 628,000 ($87,370).

The penetration rate of NEVs in retail sales was 58.8 percent during the June 1-8 period, and 49.78 percent year-to-date.

CATL's market share in May increased by 3.44 percentage points compared to April, while BYD's share decreased by 3.86 percentage points.

In May, China's NEV sales reached 1,307,000 units, up 36.9 percent year-on-year, according to data from the CAAM.

Market development in Hong Kong and Macau will be handled by Leapmotor's marketing team in the Chinese mainland.

The 587 Ah high-capacity cell achieves an energy density of 434 Wh/L, a 10 percent improvement over the previous generation.