Chongqing Sokon delivered 3,189 NEVs in July, up 113% from a year ago
Chongqing Sokon delivered 3,189 new energy vehicles in July, up 113.45 percent from the same month last year, according to data released by the company Thursday.
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Li Auto to be included in Hang Seng Indexes effective Aug 26
Li Auto will be included in the Hang Seng Composite Index and the Hang Seng Consumer Goods Manufacturing and Services Index.
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How will local Chinese brands counter Tesla's potential $25,000 EV?
Six months ago Tesla was rumored to be launching a Model 2 in China with a price tag as low as RMB 160,000 ($25,000), though this was denied by the company. Recently such rumors ha
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BMW Brilliance sees its 100,000th power battery roll off line
The high-voltage power battery will be used in the pure electric BMW iX3.
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Xpeng establishes new car sales company in Guangzhou
Xpeng established a new auto sales company in Guangzhou, where it is headquartered, on August 10 with a registered capital of RMB 250 million.
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China's used car transactions up 46% year-over-year in first seven months
In July, China traded 1.459 million used vehicles, up 15.7 percent year-over-year.
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Deutsche Bank raises delivery forecast for Nio over next two years, reiterates Buy rating and $60 price target
The team maintained its $60 price target based on 8x 2023E EV/sales, down from 9x previously to account for a broader re-rating of the EV-related stock.
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Nio-backed LiDAR maker Innovusion secures new funding to accelerate delivery for ET7
The capital will be used primarily to support the mass production and delivery of LiDARs for the Nio ET7, as well as Innovusion's innovation programs.
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EV batteries to usher in TWh era as CATL to raise $9 billion to expand capacity
Shares of CATL rose more than 5 percent in Shenzhen trading after falling more than 4 percent at open.
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BYD begins delivery of Tang EV in Norway
BYD said it will ship a cumulative total of 1,500 Tang EVs to Norway during 2021.
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