Chinese EV maker Aiways sends 60 vehicles to Israel
To date, Aiways has shipped a total of over 350 U5 models to Israel, all for delivery to general consumers.
BYD becomes latest carmaker to offer lifestyle products on app
Users can use credits to purchase these items through the BYD App, and the latest to hit the shelves include 925 silver-plated 18k gold jewelry.
Next-gen 5G standard promises to accelerate commercialization of autonomous driving
Although 5G communication technology is still in the early stages of development, discussions about its evolved version have already begun to emerge and are seen as helping to bring self-driving technology up to a faster commercial pace.
SAIC says its new energy passenger vehicle sales exceeded 10,000 for fifth consecutive month
SAIC passenger car sales in July were nearly 70,000 units, up 17 percent year-over-year, and cumulative sales from January to July were up 54 percent year-over-year.
Volkswagen ID models reportedly sold over 5,000 units in China in July
Volkswagen CEO Herbert Diess previously said he expected sales of the ID series cars in China to double to 6,000 units in July from 3,000 units in June.
BYD establishes new battery company in Anhui
The company is called Wuwei Fudi Battery Co., Ltd. and its business scope covers battery manufacturing and sales, research and development of new material technologies, and manufacturing, sales and research and development of electronic special materials.
China's NEV market to get dedicated insurance terms
Although new energy vehicles are rapidly being accepted by more and more consumers, there has been no exclusive insurance coverage tailored specifically for these models to date.
Li Auto reportedly to close HK public offering subscription ahead of schedule
Li Auto, which began its Hong Kong public offering on Aug. 3, planned to close subscription and price the offering on Aug. 6 and is scheduled to officially trade on the Hong Kong Stock Exchange on Aug. 12.
CICC raises Xpeng price target by 20% to $55
CICC said it raised the price target of Xpeng's US stock by 19.6 percent to $55, with a 36 percent upside, considering its sales continue to exceed expectations.
Power battery maker Gotion launches new lithium battery material projects
Gotion's Shenzhen-traded shares were up at the 10 percent intraday limit, after rising about 70 percent in the past two months.