Phate Zhang

The US government locked in sharp hikes in tariffs on Chinese imports on Friday, including a 100 percent tariff on EVs.

Xpeng's first EREV model is under development, internally codenamed G01, and will primarily target the RMB 200,000 ($28,190) plus price band, according to local media.

BYD's total workforce exceeded 900,000, the most of any of the more than 5,300 Chinese A-share listed companies and 400,000 more than the second-place company.

The Li L6 is Li Auto's lowest-priced model, with monthly deliveries exceeding 20,000 units in each of the last three months.

BYD is focusing on its main businesses and has no plans to launch motorcycles, an executive said, after some patent drawings sparked speculation.

China's Commerce Minister Wang Wentao will visit Europe in recent days and on September 19 will talk with EU trade chief Dombrovskis on the EU's anti-subsidy investigation case against Chinese EVs.

China has strongly advised its automakers to ensure that advanced EV technology stays at home and encouraged them to export knock-down kits to foreign factories for final assembly, according to Bloomberg.

A rumor -- later confirmed -- that CATL had suspended lithium production in Jiangxi sent shares of major lithium producers soaring.

A BYD executive said the company's sales are doing well at the moment, but he hasn't heard that the sales target has been revised upward.

Denza started the pre-sales of the Z9GT on August 20, with a price range of RMB 339,800 ($47,770) to RMB 419,800.