CATL suspending lithium production in Jiangxi, sending lithium producer shares soaring
A rumor -- later confirmed -- that CATL had suspended lithium production in Jiangxi sent shares of major lithium producers soaring.
BYD exec denies 2024 sales target raised to 4 million units
A BYD executive said the company's sales are doing well at the moment, but he hasn't heard that the sales target has been revised upward.
BYD Denza to formally launch Z9GT on Sept 20
Denza started the pre-sales of the Z9GT on August 20, with a price range of RMB 339,800 ($47,770) to RMB 419,800.
Baidu-backed Jiyue launches 2nd EV model as sales begin to show momentum
Jiyue has launched the Jiyue 07 electric sedan with a starting price of RMB 209,900 ($29,480). It delivered 2,117 vehicles in August, up 107.75 percent from July.
Baidu-backed Jiyue to become new member of Nio-led battery swap alliance
Jiyue CEO said the EV maker has entered into a strategic partnership with Nio on battery swap and will soon officially become part of Nio's battery swap alliance.
Huawei-backed Aito launches 5-seat variant of M9 to further tap luxury SUV market
Aito has launched a five-seat variant of its flagship SUV, the M9, at a starting price of RMB 469,800 ($66,000), following the success of the six-seat version in the luxury SUV market.
EU to lower proposed tariffs on EVs from China, report says
The European Union is set to make small reductions in the proposed additional tariff rates on EVs from China, with Tesla facing a reduction from 9 percent to just under 8 percent, according to Bloomberg.
BYD raises 2024 sales target to 4 million units, analyst says
BYD has raised its annual sales target to 4 million units, Morgan Stanley analyst Tim Hsiao said in a research note citing comments from the NEV maker's management.
China EV insurance registrations for week ending Sept 8: Nio 4,500, Tesla 16,200, Xiaomi 3,200, BYD 73,600
Li Auto had 10,700 insurance registrations last week, Xpeng 3,600, Zeekr 4,600, Leapmotor 6,300 and Aito 7,700.
Xpeng asks suppliers to boost capacity as Mona M03 orders exceed 2,000 units per day
Xpeng is asking suppliers to boost capacity for the Mona M03 to help it improve delivery efficiency, saying in a letter that recent orders for the new model exceeded 2,000 units per day.