Phate Zhang

BYD fell 10.89 percent in early trading in Hong Kong and 7.3 percent for shares traded in Shenzhen.

After Zeekr announced its free Qualcomm 8155 chip upgrade plan, some Nio owners are asking for a free upgrade as well.

The Qualcomm 8155 chip is expected to address potential Zeekr 001 consumers' concerns about a poor smart cockpit experience.

In the second half of the year, the electrification trend will continue at an accelerated pace as premium models become available and subsidies recede causing people to purchase vehicles earlier, the team said.

In China, the partnership with Huawei has made people know Seres but not Chongqing Sokon.

As of early July, BYD's cumulative order backlog has exceeded 700,000 units, according to local media.

The committee has retained independent professional advisors to assist in the investigation, including an international law firm and a leading forensic accounting firm, Nio said.

The all-solid-state battery cells show excellent cycling performance, with 71 percent capacity retention even after 20,000 cycles.

CATL gained more share in June, as its major customers saw their output further return to normal.

The CAAM said China's NEV sales are expected to reach 5.5 million units in 2022, up 56 percent year-on-year.