Rumors say BYD will buy SAIC's passenger car business, the latter denies
SAIC was questioned how BYD's market value is close to RMB 1 trillion ($154.38 billion) while SAIC's market value is only RMB 200 billion.
BYD Dolphin, first model of e-Platform 3.0, will be up for pre-order on Aug 13
BYD announced on Monday that its new model Dolphin will be available for pre-order on August 13 at a price of RMB 110,000 ($17,022) - RMB 130,000.
BYD establishes new battery company
This is BYD's latest move to expand its battery production capacity, laying the groundwork for supplying batteries to external customers.
Spy photos of Li Auto's new model X01 revealed
Li Auto will release the X01 in 2022 with an overall upgrade in size compared to the Li ONE.
More Chinese fund managers buying stocks in NEV industry
To industry insiders, CATL becoming a top 10 long position in these funds is iconic, signaling that traditional value stock investors are starting to make a presence in the new energy sector, Shanghai Securities News reported.
Geely sold 7,794 NEVs in July, up 22% year-over-year
Geely's new energy vehicle sales in July were 7,794 units, up 22 percent year-over-year, according to figures released by the Chinese auto giant on Aug. 6.
Huawei sets up new firm with business scope including development of energy recovery systems
The establishment of the new company heralds Huawei's R&D in electric vehicle power and further march into the automotive field.
SAIC partners with OPPO to improve in-vehicle user interaction
SAIC Group, China's largest local automaker, and smartphone giant OPPO signed a cooperation agreement on August 5, aiming to bring the cell phone experience into the car.
Li Auto's partners Horizon Robotics and Hesai reach co-op deal
The two will jointly develop and adapt based on Hesai's hybrid solid-state LiDAR AT128, Horizon Robotics' Journey 5 chip.
Tight lithium supply expected to last until H2 2022
Against the backdrop of soaring new energy vehicle sales, lithium supply is expected to remain tight until the second half of 2022, according to a recent research note by CITIC Securities.