Hongguang Mini EV sold 30,706 units in July, tops China's NEV market for 11th straight month
SAIC-GM-Wuling Hongguang Mini EV sold 30,706 units in July, ranking first in China's new energy vehicle market for the 11th consecutive month since its launch, the company said Monday.
Xpeng's new SUV spotted at EV maker's headquarters
Although covered with fabric, the pictures show solid-state LiDARs under the headlights, similar to the Xpeng P5 that will be delivered soon, according to the Weibo user.
Rumors say BYD will buy SAIC's passenger car business, the latter denies
SAIC was questioned how BYD's market value is close to RMB 1 trillion ($154.38 billion) while SAIC's market value is only RMB 200 billion.
Hainan to launch pilot projects to speed up construction of battery swap stations
The pilot industry focus is on cabs, ride-hailing services, buses, passenger shuttles, and medium and heavy commercial vehicles.
Nio to report its Q2 earnings this week, what to watch?
Edison Yu's team from Deutsche Bank maintained a Buy rating on Nio and a $60 price target. Nio closed down 3.86 percent to $43.84 on Friday.
BYD Dolphin, first model of e-Platform 3.0, will be up for pre-order on Aug 13
BYD announced on Monday that its new model Dolphin will be available for pre-order on August 13 at a price of RMB 110,000 ($17,022) - RMB 130,000.
China's hydrogen production increased by 25% year-over-year in H1
The cost and selling price of hydrogen energy has dropped by about 50 percent in the last four years, and production and sales of hydrogen-fueled vehicles have skyrocketed, CCTV reported on Friday.
Xpeng adds 61 supercharging stations in July, 11 of which at highway service areas
Xpeng Motors added 61 supercharging stations in July, 11 of which are in high-speed service areas, bringing the total to 298, the company said on Aug. 9.
BYD establishes new battery company
This is BYD's latest move to expand its battery production capacity, laying the groundwork for supplying batteries to external customers.
Official media calls for caution against duplication of hydrogen energy projects
The number of fuel cell-related capacity planned in China far exceeds market capacity, increasing the risk of overcapacity, said an article published by the official media Economic Daily on Aug. 8.