Tesla and BYD were the top-selling NEV brands worldwide in June

In June, global new energy passenger vehicle sales reached 583,500 units, up 153 percent year-over-year. Among them, sales of pure electric vehicles were 407,000 units, a 154 perce ...

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 ...

Nio signs strategic co-op deal with Shanghai's largest industrial park developer

After Tesla built a factory in Shanghai, Nio's relationship with the city, where it has its global headquarters, seemed to drift apart. But the latest move may signal that the comp ...

Nio puts seven new battery swap stations into operation, bringing total to 360

Nio's seven new battery swap stations went into operation on August 10, bringing the total to 360. One is located in Xingtai, Hebei Province, and six are in Shanghai. ...

Video shows Xpeng testing P5's self-driving capabilities on city roads

The P5 is capable of automatically changing lanes, recognizing traffic lights, and making automatic left turns at unprotected intersections, as shown in the 30-second video. ...

Guangdong aims to exceed $170 billion in auto manufacturing revenue by 2025

Guangdong Province wants its auto manufacturing revenue to exceed RMB 1.1 trillion ($170 billion) by 2025, and to build an auto cluster with international influence by then. ...

Analysts say certainty of recovery in China's auto industry grows

China's auto sector continues to receive positive support and the certainty of recovery is increasing, Guotai Junan Securities said. ...

Evergrande Auto expects H1 loss of about $740 million

This is mainly due to the fact that its new energy vehicle business is still in the investment stage, with the purchase of fixed assets and equipment, R&D-related costs and interes ...

China's new energy passenger car penetration rate on track to reach 13% this year, expert says

Cui made the call based on the rapid growth of China's new energy vehicle industry this year, saying he believes the CPCA's June forecast for new energy passenger vehicle sales to ...

Huawei discloses new self-driving car-related patent

Huawei recently disclosed a new automotive-related patent that, if applied, would make self-driving vehicles even smarter. ...
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