Analysts raise BYD price target after strong delivery data
The report said it raised its 6-month price target to RMB 360 ($55.7) from RMB 290 per share and maintained a "Buy-A" rating as the company's battery capacity and vehicle sales exceeded expectations.
Baidu unveils Apolong II, its second-gen autonomous minibus
Apolong Ⅱ is dedicated to becoming a mobile space in the smart era, providing customized smart mobility services for public travel, mobile policing, health management and other scenarios.
Li Auto's partners Horizon Robotics and Hesai reach co-op deal
The two will jointly develop and adapt based on Hesai's hybrid solid-state LiDAR AT128, Horizon Robotics' Journey 5 chip.
Tight lithium supply expected to last until H2 2022
Against the backdrop of soaring new energy vehicle sales, lithium supply is expected to remain tight until the second half of 2022, according to a recent research note by CITIC Securities.
Xpeng tops NEV brands in China for innovation in intelligence, says J.D. Power survey
Xpeng ranked first with 615 points, Tesla ranked second with 597 points and Li Auto ranked third with 577 points.
BYD Semiconductor starts supplying LED displays for unmanned vehicles
BYD Semiconductor announced on Aug. 5 that it has shipped LED displays for unmanned vehicle manufacturer Neolix, marking the company's entry into this new field.
Battery maker Eve Energy to build new 30GWh project
Chinese lithium battery maker Eve Energy plans to invest in a new 30GWh per year power battery project in Jingmen City, Hubei Province, the company said in an announcement Wednesday.
Xiaomi sets up new firm with business scope including NEV sales
Xiaomi, the smartphone giant that made a high-profile announcement this year about jumping on the car-making bandwagon, continues to lay out its business in the sector.
BYD sold 50,492 NEVs in July, up 234% from a year ago
BYD's new energy vehicle sales in July were 50,492 units, up 234 percent from a year ago and 22 percent from June.
BYD said to supply 'blade battery' to Tesla next year
BYD will supply its "blade battery" to Tesla in the second quarter of next year, local Chinese media cls.cn said Thursday, citing multiple sources familiar with the matter.