Phate Zhang

CATL asked cathode material suppliers in early July to offer a 5 percent to 10 percent discount in settling lithium carbonate prices, according to local media.

SAIC and Audi believe that China's auto market is undergoing an unprecedented and dramatic transformation, and will therefore further deepen their strategic cooperation.

Aggressive infrastructure plans will continue, car sales are picking up, but the 150-kWh battery pack will probably be slightly delayed again.

Nio is hosting a new Nio Power Day event, the EV maker's third annual presentation on its power-up system.

Leapmotor is set to become the first Chinese car-making startup to license EV technology to an overseas company once the deal is finalized.

Pacific Securities has a buy rating on Nio's Hong Kong-traded shares, with a target price of HK$103.62, implying an upside of 26.14 percent.

BYD's Seal DM-i will hit the market in the third quarter, and the Zhengzhou base is expected to have a monthly production capacity of up to 30,000 units.

The team has a HK$71.86 price target on Xpeng's Hong Kong-traded shares, implying an upside of 25.63 percent.

Due to a software issue, the ESP internal monitoring program in the vehicles covered by this recall may incorrectly determine a malfunction at the start of the driving cycle.

China recycled 115,000 tons of used power batteries in January-May, more than the total for the whole of last year.