SAIC says its new energy passenger vehicle sales exceeded 10,000 for fifth consecutive month
SAIC passenger car sales in July were nearly 70,000 units, up 17 percent year-over-year, and cumulative sales from January to July were up 54 percent year-over-year.
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Volkswagen ID models reportedly sold over 5,000 units in China in July
Volkswagen CEO Herbert Diess previously said he expected sales of the ID series cars in China to double to 6,000 units in July from 3,000 units in June.
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BYD establishes new battery company in Anhui
The company is called Wuwei Fudi Battery Co., Ltd. and its business scope covers battery manufacturing and sales, research and development of new material technologies, and manufac
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China's NEV market to get dedicated insurance terms
Although new energy vehicles are rapidly being accepted by more and more consumers, there has been no exclusive insurance coverage tailored specifically for these models to date.
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Li Auto reportedly to close HK public offering subscription ahead of schedule
Li Auto, which began its Hong Kong public offering on Aug. 3, planned to close subscription and price the offering on Aug. 6 and is scheduled to officially trade on the Hong Kong S
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CICC raises Xpeng price target by 20% to $55
CICC said it raised the price target of Xpeng's US stock by 19.6 percent to $55, with a 36 percent upside, considering its sales continue to exceed expectations.
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Power battery maker Gotion launches new lithium battery material projects
Gotion's Shenzhen-traded shares were up at the 10 percent intraday limit, after rising about 70 percent in the past two months.
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Southwest China's Chengdu requires new vehicles used for ride-hailing to be NEVs
Chengdu, famous for being the home of China's panda breeding program, recently issued new regulations on the ride-hailing industry, requiring new vehicles used for ride-hailing to
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Li Auto into spotlight as owner tricks vehicle into 'full self-driving'
The video shows the driver taking his hands off the wheel and lying flat, leaving the car to drive solely on the assisted driving feature.
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Daiwa initiates coverage on Xpeng with Buy rating and HK$200 price target for its HK shares
Daiwa expects Xpeng to be a leader in China's autonomous driving space and a leader in its commercialization process. The team believes Xpeng will be profitable by 2022.
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