BYD surges over 5% in Shenzhen as it maintains top-selling NEV brand in China in Sept
BYD's wholesale sales reached 70,432 units in September, ahead of Tesla China's 56,006 units, the CPCA data showed.
Deutsche Bank raises its forecast for BEV sales in China to 2.5 million units this year
NEV penetration in China has come in at about 20 percent, which Deutsche Bank analyst Edison Yu believes indicates a continued acceleration in the adoption curve.
China's NEV sales expected to top 3 million units this year, CAAM official says
The forecast is safe because if NEV sales exceed 300,000 units in each of the remaining three months, sales will exceed 3 million units for the year.
BMW delivered 32,000 NEVs in China in Jan-Sept, half of Nio
In the past four months alone, Nio's deliveries reached 32,522 vehicles, comparable to BMW's NEV sales in the first nine months.
LFP battery installations in China continue to extend lead over ternary batteries in September
In the first nine months, China's power battery installed base was 92.0 GWh, up 169.1 percent year-on-year, with ternary batteries still taking the lion's share.
Leapmotor reportedly considering $1 billion HK IPO
Leapmotor was founded in 2015 and aims to gain a 10 percent market share of China's new energy vehicle market by 2025.
Tesla, Nio supplier CATL to build $5 billion recycling facility for used battery materials
The investment will be used to build a site to recycle used battery materials and produce materials including lithium iron phosphate.
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.