Phate Zhang

JAC's gross profit from its main businesses decreased by about RMB 832 million in the January-June period compared to the same period last year due to rising prices of raw materials.

BYD's strong growth in NEV sales has driven a significant improvement in its earnings and eased the pressure on earnings from upstream raw material prices.

The Mini EV Cabrio will be available in two range options of 200 and 300 kilometers, with a price range of RMB 40,000 ($5,940) to 60,000, according to local media.

China needs to further optimize NEV consumption to provide support for stable auto consumption and economic growth, according to an article in Economic Daily.

Tianqi Lithium attributed the big increase in its first-half results to the significant growth in sales volume and selling price of its lithium products.

SAIC-GM-Wuling sold more than 120,000 units of all vehicles in June, including 6,249 units of the Hongguang Mini EV.

Xpeng's technology unit, HT Aero, takes the way cars operate and applies it to the flying system to make learning to fly less difficult.

China is the fastest-growing market for EVs, and penetration here is bound to be much higher than in overseas markets, the analyst said.

In January, deliveries of the Hongqi E-HS9 began in Norway, with a starting price of NOK 619,900 ($60,500).

Chen Yilun, CTO of Huawei's autonomous driving system, has become the latest autonomous driving executive to leave the tech giant after Su Jing.