Analysts raise BYD price target after strong delivery data
The report said it raised its 6-month price target to RMB 360 ($55.7) from RMB 290 per share and maintained a "Buy-A" rating as the company's battery capacity and vehicle sales exceeded expectations.
Xpeng tops NEV brands in China for innovation in intelligence, says J.D. Power survey
Xpeng ranked first with 615 points, Tesla ranked second with 597 points and Li Auto ranked third with 577 points.
BYD Semiconductor starts supplying LED displays for unmanned vehicles
BYD Semiconductor announced on Aug. 5 that it has shipped LED displays for unmanned vehicle manufacturer Neolix, marking the company's entry into this new field.
BYD becomes latest carmaker to offer lifestyle products on app
Users can use credits to purchase these items through the BYD App, and the latest to hit the shelves include 925 silver-plated 18k gold jewelry.
BYD establishes new battery company in Anhui
The company is called Wuwei Fudi Battery Co., Ltd. and its business scope covers battery manufacturing and sales, research and development of new material technologies, and manufacturing, sales and research and development of electronic special materials.
China's NEV market to get dedicated insurance terms
Although new energy vehicles are rapidly being accepted by more and more consumers, there has been no exclusive insurance coverage tailored specifically for these models to date.
Power battery maker Gotion launches new lithium battery material projects
Gotion's Shenzhen-traded shares were up at the 10 percent intraday limit, after rising about 70 percent in the past two months.
Li Auto into spotlight as owner tricks vehicle into 'full self-driving'
The video shows the driver taking his hands off the wheel and lying flat, leaving the car to drive solely on the assisted driving feature.
S&P expects China's new energy vehicle sales to continue to rise
In the next year or two, China's new energy vehicle market will likely remain dominated by local brands, considering that nine of the top 10 electric vehicle companies are currently local companies, the report said.
China's Ministry of Commerce suggests local NEV firms to increase exports to Russia
China's Ministry of Commerce has recommended that local new energy vehicle (NEV) companies increase their exports, marketing and promotion to Russia to expand their market share in a report released on Aug. 3.