BYD expects to see 100,000th Han model roll off line on July 15
As BYD is about to celebrate the first anniversary of Han's launch, the company expects to see the model's 100,000th unit roll off the line on July 15.
Tesla starts offering lower-priced standard range Model Y in China
Tesla's China website today launched the lower-priced Model Y Standard Range version, which is available for pre-order immediately, with deliveries expected to begin in August.
Founder of Nio, Tesla battery supplier CATL now richer than Alibaba's Jack Ma
In the past three months, CATL has gained about 80 percent, while Alibaba has fallen about 10 percent. In the last 2 years, CATL's share price has risen by more than 660 percent.
Tesla Shanghai Gigafactory phase 1 completed, new lower-priced model may be coming to mass production
The first phase of Tesla's Shanghai Gigafactory project has been fully built, Beijing News said Wednesday, adding that it could mean the company's new lower-priced models will begin mass production.
Nio's next stop overseas could be Germany as it's hiring general manager for local operations
With Nio's vehicle deliveries in Norway expected to begin in two months, speculation has begun as to where its next stop overseas might be, and Germany has come into sight.
Xpeng reportedly has decided on site for Wuhan production facility
The site for Xpeng's production base in Wuhan was confirmed in late June when it bought an industrial site in Wuhan Economic and Technological Development Zone for RMB 212.51 million ($32.9 million).
Nio's 301st battery swap station comes online, first this month
Nio put battery swap stations into operation at an unprecedented rate in the second half of June, bringing the number of such facilities to 300 by the end of the first half of the year. Heading into July, Nio's moves slowed down.
Nio starts shipping battery swap stations and superchargers to Norway
Nio's first battery swap stations and superchargers have begun shipping to Norway and are expected to arrive in early August, marking the company's latest progress in expanding into overseas markets.
Nio's OEM JAC sold 11,653 EVs in June, up 165% from a year earlier
In June, JAC sold 41,111 units of all vehicles, down 0.7 percent from a year earlier.
Tesla begins using locally produced motors in models built in China
Tesla wants to use as many local parts in China as possible to reduce costs. Now, motors, one of the most critical components of electric vehicles, are also being supplied locally.
