China's NEV sales expected to exceed 1.7 million in Jan-Aug, tripling year-over-year
The penetration of NEVs - their share of total sales - exceeded 10 percent in the first eight months.
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BYD's Aug NEV sales rose 302% year-over-year to 61,409 units
BYD sold 30,382 pure electric vehicles in August, up 223 percent from 9,414 units a year earlier. It sold 30,126 units of plug-in hybrids in August, up 556 percent from a year earl
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Chongqing Sokon sold 3,565 NEVs in Aug, up 146% from a year ago
The company sold a total of 19,227 vehicles in August, down 15.42 percent from a year earlier.
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Foxconn ramps up efforts in NEV industry with new investment
Foxconn said one of its subsidiaries signed an agreement with HengDrive, a motor manufacturer, to acquire a 63 percent stake in the latter for about RMB 378 million ($60 million).
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Nio says over 34% of users have swap stations within 3-km radius
The percentage increased by 3.48 percentage points from 30.86 percent at the end of July and by 14.02 percentage points from 20.32 percent at the end of January.
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Nio's swap stations reach 428, with 87 new ones added in Aug
As of September 3, Nio has 428 battery swap stations, 291 supercharging stations, 499 destination charging stations, and access to over 400,000 third-party charging piles.
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Neta signs deal with AI chipmaker Horizon, aims to release jointly built model next year
Neta is currently targeting the affordable market, though a series of recent moves suggest it could launch more competitive models next year.
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Tesla said to aim for $25,000 electric car release in 2023
Musk linked the launch of the new model to Tesla achieving a deployable full self-driving system, even asking employees, "Do we want to have this car come with a steering wheel and
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Nio now has an exclusive vineyard in France
Providing lifestyle services to vehicle owners is one of Nio's most important endeavors outside of vehicle sales, and now the company has made a new move.
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Evergrande says it has completed summer testing of five models
A total of 53 vehicles of five models were tested at the same time, according to Evergrande.
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