Phate Zhang
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BAIC BluePark plans to raise up to $1.2 billion via new share offering
BAIC BluePark said in an earnings preview on Thursday that it expects a net loss of RMB 1.8 billion to RMB 2.2 billion for the first half of the year.
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Volkswagen expects ID. series EVs to deliver 15,000-20,000 units per month in China in H2
Volkswagen's ID. series delivered 17,600 units in China in June, up 107 percent from May.
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BYD reportedly plans to develop smart driving chip
BYD's smart driving chip could tape out by the end of the year at the earliest, according to local media.
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Goldman Sachs expects BYD's profitability to continue to expand in H2
Goldman Sachs maintains BYD's shares traded in Hong Kong on its Conviction Buy list with a price target of HK$405.
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Tesla adds 32 Supercharger stations in Chinese mainland in June
Tesla has opened more than 1,200 Supercharger stations in the Chinese mainland, offering more than 8,700 Superchargers.
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Xiaomi to unveil engineering prototype of its first model in August, report says
At a public event in August, Xiaomi founder Lei Jun will have an engineering prototype of the company's first model unveiled, according to local media.
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Nio launches process to select city for Nio Day 2022
Nio Day 2022 is expected to take place between December 1, 2022 and January 15, 2023.
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Tesla contributes half of all NEV exports from China in H1
Of the 202,000 NEVs exported from China in the first half of the year, Tesla contributed 97,182, or 48 percent.
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BYD's profit per vehicle estimated to be up to $1,170 in Q2, analysts say
BYD earned an average profit of RMB 5600-7900 ($1,170) per vehicle in the second quarter, up from RMB 2400 in the first quarter, analysts said.
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Tesla continues to hire for production, sales positions in China
Tesla is still hiring for hundreds of positions in China, mostly related to production, sales and after-sales service.









