Phate Zhang

For the cab market, models that support battery swap are popular because they are more convenient to replenish energy. Now, JAC has launched new models that meet this need.

Just like what happened to its local counterpart Xpeng Motors two years ago, Li Auto's recent release of its product refresh has caused the Chinese electric car company to face protests from some owners.

CATL's sales almost quadrupled to 21.4 GWh, further cementing the company's position as the world's largest maker of batteries for electric vehicles.

A BYD executive did not give more details about the car, but said it was "enough to make people not want to take their eyes off it at first sight."

Leapmotor delivered 3,195 units in May, up 1,226 percent from a year ago and 15 percent from April.

Citi's price target implies the bank sees 51% upside for Nio shares, which were closed at $38.62 as of Friday.

Xpeng delivered 3,797 units of the P7 sedan in May, the highest monthly delivery record since the mass delivery in July 2020.

Nio delivered 6,711 vehicles in May, up 95.3 percent from a year ago, but down 5.5 percent from April.

The company's first car will be unveiled at the 2022 Beijing auto show. Optimistically, reservations could be made available within the next year.

Renesas holds nearly one-third of the global market share for automotive microcontroller chips, and the March fire hit global automotive production hard.