Phate Zhang
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Former Volkswagen China exec creates new EV brand
Details of the brand are expected to be announced at next year's Beijing Auto Show, and Dongfeng Motor plans to OEM the vehicles for it.
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BYD sold 91,219 NEVs in Nov, up 242% year-on-year
BYD sold 46,137 pure electric passenger cars and 43,984 plug-in hybrids in November.
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Sokon, Huawei's auto partner, sold 4,591 NEVs in Nov, up 78% year-on-year
That's down about 8 percent from 4,976 units in October.
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BYD says its project with Toyota still confidential
A report earlier today said Toyota will launch an all-electric compact car in China in April next year that will use BYD's core technologies.
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Cathie Wood opens position on Xpeng, buys $13.4 million worth of stock
ARKQ bought 277,263 shares of Xpeng's ADRs worth about $13.4 million on Thursday, representing 0.56 percent of the position.
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Chinese regulator calls on EV industry players to address challenges posed by cold weather
A Chinese regulatory body has asked industry players to first ensure that users can use their vehicles properly.
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Tesla recalls 21,599 locally made Model Y vehicles in China
From January to October, 106,236 Model Y units were sold in China.
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Xpeng secures land in Guangzhou for $236 million, expected to be used for R&D projects
The site is located less than 10 kilometers from Xpeng's headquarters building and will be used for new energy vehicle research and development projects.
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Didi announces it will delist from US, starts preparations for HK listing
Didi announced today that it is starting the process of delisting from the New York Stock Exchange with immediate effect and initiating preparations for a listing in Hong Kong.
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Toyota reportedly plans to launch EV with BYD technology in China
The model will be unveiled at the Beijing Auto Show next April and could cost less than 200,000 yuan ($30,000) and will only be sold in China.
