EV Industry

China and the US signed an agreement on audit regulation and will launch the cooperation in the near future, according to a statement.

Hong Kong's Financial Reporting Council said it supports mutual cross-border cooperation and will provide all necessary assistance and make appropriate arrangements within its mandate.

US accounting inspectors could arrive in Hong Kong as soon as next month to make sure it has full access to audit papers, paving the way for a final agreement.

In early August, some NEV prices rose again, but consumer enthusiasm was not significantly affected, the CPCA said.

Nearly 350,000 charging piles in Chongqing, Zhejiang and Hubei will be limited in charging power during the peak hours of 15:00-22:00.

Evergrande NEV has been actively bringing in strategic investors, with both local governments and several companies currently expressing interest in investing, its president said.

Evergrande NEV's plant in Tianjin will halt production from August 18 due to a shortage of materials, according to local media.

A large number of semiconductor makers, including SK Hynix and NXP Semiconductors, have factories in Chongqing, and power shortages could have an impact on semiconductor supplies.

Nio and Aulton are the major players in the space, but for different groups. A month ago, Nio reached the 10 million battery swap service milestone.

HiPhi Z, Zeekr 009 and a new version of the BMW i3 appear in a regulatory catalog.