Phate Zhang

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.

Ora's Ballet Cat has stirred up controversy because of its similarity to the classic Volkswagen Beetle.

99, a subsidiary of Didi, has pledged to register 10,000 EVs on its platform by 2025.

This follows reports that CATL plans to mass-produce LMFP battery, which its chairman mentioned in February as the M3P battery, within this year.

Nio and Li Auto were ranked 344th and 427th, respectively, on the Fortune China 500 list, while Xpeng failed to make the list.

Radar is developing a full portfolio of electric lifestyle vehicles, including pickups and SUVs and ATVs, with deliveries of the first model, the RD6 pickup, set to begin in the fourth quarter of this year.

There had been a change in the rules of the Hong Kong Stock Exchange, where the physical stock needed to be replaced with an electronic stock holding.

The battery's energy density is 15-20 percent higher than that of lithium iron phosphate batteries, but there is little difference in the material costs, according to local media.