Phate Zhang

BYD has launched the Song L DM-i and the 2025 Song Plus DM-i, the second batch of DM 5.0-powered hybrid models after the Seal 06 DM-i and Qin L DM-i hybrid sedans.

The Onvo L60 will be available for customers to test drive on the day of its launch, and deliveries will begin about a week after it goes on sale, at the end of September, Onvo's president said.

Consumers can get a RMB 20,000 subsidy for scrapping an old car and buying an NEV, and a RMB 15,000 subsidy for buying a fuel car of 2.0 L or less, both doubled from previous levels.

William Li said that if Nio's plan to add 1,000 stations in China in 2024 is delayed, it could be by up to 1-2 months. The company is building a third battery swap station assembly plant in Wuhan.

Xpeng's XNGP is about to see its biggest update ever, and the latest Tianji system, XOS 5.2.0, is about to see a new breakthrough, the company said.

BYD will help build South Africa's first fleet of electric buses, with deliveries of those vehicles set to begin in December.

NOMI GPT will be featured on the new Nio Phone to bring more cutting-edge AI innovations, said Nio's vice president for hardware.

By the end of 2023, BYD's workforce totaled 703,504, including 524,673 production workers and 104,003 technicians.

Deutsche Bank also expects Tesla to sell 45,000 units at retail in China in July, Li Auto at 48,000 units and Zeekr at 15,000 units.

Tesla is likely to get regulatory approval to launch FSD in markets such as Europe and China by the end of this year, Elon Musk said.