Yvonne Tang

CATL and the Shanghai government signed an agreement to build a manufacturing base in the city that is expected to make it more convenient for Tesla's battery supply.

On July 31, Xpeng's new factory project in Wuhan Economic and Technological Development Zone was launched.

Citi has initiated coverage of Li Auto's Hong Kong shares with a Buy rating and a HK$165 price target. Li Auto closed at HK$106.3 on Tuesday, and the price target implies a 55 percent upside.

The tight supply of automotive chips, which had eased in recent months, seems to have returned.

Nio previously denied claims that its technician had private access to the vehicles involved in a fatal accident. Now, remarks from the police give it support.

In July, BYD's cars reached an average selling price of about RMB 156,000, nearly RMB 10,000 higher than VW's.

The young entrepreneur who died in the crash drove a total of 5,960 kilometers in July and used NOP for 52.2 percent of the miles, according to the car's driving data.

China exported 140,000 passenger cars in July, up 16.8 percent from the previous month and 2.1 times higher year-over-year.

By the end of June, Shanghai had 513,000 new energy vehicles, of which 235,000 were pure electric vehicles.

Tesla installed its first Supercharger in China in Shanghai in April 2014.