EV Industry
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What is grey market trading in HK?
Grey market trading refers to trading that is not in the open market but only by clients in the internal trading systems of certain brokerages.
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This is Mitsubishi's first EV model to be launched in China
The Airtrek is an electric 5-seat SUV that will go on sale within the year and will only be sold in Asia.
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China's July power battery installation volume at 11.3 GWh, up 125% year-over-year
In July, CATL had the highest installed base of 5.66 GWh, with a market share of 50.1 percent.
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China's July NEV sales up 164% year-over-year to 271,000 units, CAAM data show
In contrast, China's July auto sales declined 11.9 percent compared to the same month last year.
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Chinese brands sold 56,573 vehicles in Russia in Jan-July, up 140% year-over-year
In July, Chinese cars sold 9,734 units in Russia, up 84 percent year-over-year.
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Evergrande Auto's parent company considers another stake sale in EV maker
Evergrande Group, China's largest real estate company with a heavy debt load, has chosen to save itself with the sale of assets.
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China mulls policy support for hydrogen internal combustion engines
China will develop a hydrogen energy development strategy and study the possibility of including and supporting hydrogen internal combustion engines.
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China's NEV exports show explosive growth in July, the CPCA says
Tesla China exported 24,347 units in July, SAIC's new energy vehicle exports were 4,407 units, BYD exported 781 units and Chery Auto exported 120 units, the CPCA said.
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China's retail sales of new energy passenger vehicles were 222,000 units in July, up 169% from a year earlier
Retail sales of new energy vehicles from January to July reached 1.229 million units, up 210.2 percent year-over-year.
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Firm questioned by stock exchange after saying it has supplied to Nio, Xpeng, Li Auto, BYD
Nanjing Julong replied to investors on August 9, saying that the company had been certified as a supplier by new energy vehicle makers including BYD, Geely, Nio, Xpeng, Li Auto and Evergrande Auto. Its shares stored since then.









