Spy photos of Li Auto's new model X01 revealed
Li Auto will release the X01 in 2022 with an overall upgrade in size compared to the Li ONE.
Guangdong's Foshan City to provide subsidies of up to about $3,085 to consumers who purchase NEVs
More and more local governments in China are introducing measures to accelerate the acceptance of new energy vehicles.
China's auto market demand to be released gradually as chip problem eases, industry association says
With the chip problem eased and manufacturers' production capacity gradually restored, the previously suppressed market demand will gradually be released, and auto sales are expected to increase in August, the China Automobile Dealers Association (CADA) said.
More Chinese fund managers buying stocks in NEV industry
To industry insiders, CATL becoming a top 10 long position in these funds is iconic, signaling that traditional value stock investors are starting to make a presence in the new energy sector, Shanghai Securities News reported.
BYD Han sold 8,522 units in July, up 1.6% from June
BYD Han's cumulative sales have reached 101,309 units since its launch in July last year, making it the fastest Chinese brand midsize sedan ever to exceed 100,000 sales, the company said.
Nio's OEM JAC sold 12,007 EVs in July, up 189% year-over-year
JAC did not specify, but in line with industry practices, its EV sales figures should include Nio vehicles.
Former Nio senior VP starts electric commercial vehicle company
Newrizon's website shows that three of the six core executives are from Nio. Former Nio deputy director of autonomous driving in China, Fu Jingwei, serves as CTO, and former Nio senior director, Fan Jun, serves as chief operating officer.
Renault to build hybrid models based on Geely's platform
In China, the two companies will jointly develop Renault-branded hybrid models based on Geely's platform technology.
Nio adds two new battery swap stations, bringing total to 352
So far, Nio has 352 battery swap stations, 235 supercharging stations and 427 destination charging stations in China, and has access to more than 390,000 third-party charging piles.
Nio's battery swap stations reach 350, half of its renewed goal for the year
Nio originally planned to have 500 battery swap stations by the end of this year, but at the first Nio Power Day event on July 9, it said the goal would be raised to over 700.