China NEV sales reached 357,000 units in Sept, up 148% year-on-year, CAAM data show
Sales of pure electric vehicles reached 296,000 units, up 1.5 times year-on-year.
Tesla China's wholesale sales reached 56,006 units in Sept, up 394% from a year earlier
China-made Tesla vehicles sold 52,153 units in China in September, compared to 3,853 units exported.
China passenger NEV retail sales exceed 300,000 units for first time in Sept
Wholesale sales of new energy passenger vehicles in China reached 355,000 units in September, the second month in a row to exceed 300,000 units.
CITIC Securities initiates coverage on Nio with Buy rating and $45 price target
CITIC Securities believes that the low- and mid-end EV market is highly competitive, while the high-end market in which Nio is present has fewer players and huge room for growth.
JAC sold 14,400 EVs in Sept, up 163% from a year earlier
The sales figure should include Nio's vehicles, which sold a record 10,628 units in September.
Owner ordered to pay Tesla about $7,750 for falsely claiming brake failure
The crash occurred on August 12, 2020, when the owner was driving a Model 3 that crashed into a dozen cars before coming to a stop.
Commodity price hikes, power crunch have more serious impact on automakers than chip shortages, GAC Aion exec says
The price of lithium carbonate was RMB 70,000 ($10,850) per ton last year, but now it has risen to RMB 270,000.
Evergrande Auto tries to reassure partners, vows first model will roll off line early next year
Evergrande Auto has vowed to ensure that Hengchi's mass production target is met with utmost determination.
BYD's more fuel-efficient hybrid version of Han begins road tests
If the BYD Han gets a DM-i version, it is expected to send deliveries of the sedan model, which already sells more than 10,000 units a month, even higher.
Meituan's unmanned delivery vehicle gets involved in collision and takes full responsibility
This is the first accident in the driverless industry in which the owner of the unmanned vehicle took full responsibility.