BYD secures order for 160 electric buses from Azerbaijan
The Azerbaijani government will also purchase 200 electric buses from BYD each year between 2025 and 2028, with localized assembling.
Nio provides average of 68,876 battery swap services per day in Jun
On average, each Nio user used the battery swap service six times in June, each time taking about three minutes.
BYD Thailand plant opens as its 8 millionth NEV rolls off line
BYD officially entered the Thai market in 2022 and now has a 41 percent share of the local NEV market.
Tesla Model Y included in rare case in local government car purchasing catalog in China
A Tesla model's entry into a local government purchasing catalog in China is rare, considering that government parks have previously banned Tesla vehicles due to security concerns.
Tesla delivery wait times in China further reduced, offers silver paint option for Model 3
Today's changes reduce wait times for the Model 3 and Model Y in China to an all-time low. Silver paint is no longer exclusive to the Model Y.
Li Auto launches 0 down payment car purchase option to boost sales
Li Auto has launched a limited time 0 down payment car purchase program with a gift package of up to RMB 7,196, while the previous RMB 10,000 worth of benefits continue to be available.
China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show
China's NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date.
Global EV battery market share in Jan-May 2024: CATL 37.5%, BYD 15.7%
CATL continues to be the world's largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share.
Xpeng Mona M03 sedan makes debut, official launch set for Aug
Xpeng said the Mona M03 will be priced under RMB 200,000 yuan ($27,500) and will have the strongest smart driving capabilities in its class.
BYD's BEV sales to overtake Tesla in 2024, says Counterpoint
BYD's BEV market share is set to surge in 2024, the year it is expected to overtake Tesla in BEV sales. This shift underscores the dynamic nature of the global EV market, said Counterpoint.