Phate Zhang

CITIC Securities sees both supply and demand improving for Nio, Li Auto, and Xpeng, and the Chinese EV industry facing a high boom in the second half of the year.

The AITO M7 will be open for test drives on July 23, with deliveries to begin in August.

The AITO M7 features extended-range technology similar to that used by Li Auto in its models, and its specifications and prices mean it will compete directly with the Li ONE.

From January to June, BJEV sold 17,010 units, up 144.43 percent from 6,959 units in the same period last year.

Eric Li's Xingji Shidai Technology has taken sole control of Meizu, which will continue to operate as a separate brand.

Ganfeng is suspected of insider trading in the shares of a company listed on China's A-share market, according to an announcement.

BYD's Qin family sold 26,623 units in June, while the Yuan family sold 19,731 units and the Dolphin sold 10,376 units.

From January to June, BYD sold 641,350 NEVs, up 314.9 percent from 154,579 units in the same period last year.

In the first half of the year, Tesla added more than 200 Supercharger stations in the Chinese mainland, including 700 Superchargers.

Tesla highlighted June as the highest month in its history for car production, hinting that its deliveries are expected to rebound in the following quarters.