China Galaxy Securities expects local NEV sales to exceed 6 million next year
The team expects China's NEV sales to be around 6.11 million units in 2022, accounting for more than half of the global market share.
Nio releases first teaser image of upcoming new model
The first teaser image released by Nio shows the model, which will be announced on December 18, equipped with cut-through taillights.
Further Reading: Owners explain why they chose HiPhi, China's highest-priced local EV brand
"There's no better choice."
BYD expects to sell up to 1.2 million NEVs next year
BYD expects to sell 600,000 pure-play EVs and 500,000-600,000 plug-in hybrids next year, corresponding to a market share of about 25 percent in China.
Xpeng pushes latest Xmart OS public beta to P7, brings memory parking route sharing feature
The feature will provide great convenience for other users, such as the ability to quickly reach supercharging stations in underground parking lots.
BYD, Niu Technologies-backed Niutron reportedly take over failed automaker Dorcen's plants
Niutron, the new energy vehicle brand founded by Niu Technologies founder Li Yinan, is expected to be officially launched on December 15.
BAIC BluePark says it has completed development of 2nd-gen solid-state battery cells
BAIC BluePark says its planned third-generation solid-state battery technology will be used in a new Arcfox-branded model with a cell energy density of 360Wh/kg.
Svolt Energy closes about $940 million in Series B+ financing
The funds will be used mainly to develop new technologies and build new production bases and R&D centers.
Deutsche Bank expects BEV sales in China to reach 5 million units next year
Edison Yu's team expects China's BEV penetration to be more than 40 percent by 2025, equivalent to about 10 million units.
Xiaomi subsidiary Smartmi reportedly jumps on car-making bandwagon
Smartmi's first model will be an SUV, and a car design firm has been approaching Smartmi about a car design, according to local media.