EV battery maker CALB to build $3.8 billion plant in Hefei
The batteries produced at the base will be power batteries as well as batteries for energy storage.
Huawei discloses new auto-related patent
Huawei recently disclosed a new automotive-related patent that, if applied, would make autonomous driving safer.
Xpeng to report Q2 earnings on Aug 26
Previously announced figures showed that Xpeng delivered 17,398 vehicles in the second quarter, up 439 percent from the same period last year and up 30 percent from the first quarter.
Analysts expect software to bring sustained revenue for Xpeng
Realization of the XPILOT software will be a sustained source of revenue and profit for Xpeng Motors in addition to vehicle sales, Northeast Securities said in a report released Tuesday.
Xpeng's request to freeze supplier's $6.1 million property upheld by court
Xpeng Motors' application to freeze the assets of a supplier, Beijing Linkdata Technologies, for RMB 39.54 million ($6.1 million) has been upheld by the court, according to data provider Tianyancha.
China's NEV exports show explosive growth in July, the CPCA says
Tesla China exported 24,347 units in July, SAIC's new energy vehicle exports were 4,407 units, BYD exported 781 units and Chery Auto exported 120 units, the CPCA said.
China's retail sales of new energy passenger vehicles were 222,000 units in July, up 169% from a year earlier
Retail sales of new energy vehicles from January to July reached 1.229 million units, up 210.2 percent year-over-year.
Tesla delivered 8,621 locally made vehicles in China in July, down 69% from June
Tesla delivered 8,621 locally made vehicles in China in July, down 69 percent from June, according to data released Tuesday by the China Passenger Car Association (CPCA).
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 percent jump year-over-year.
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 Evergrande Auto. Its shares stored since then.