These are the most popular EV models in Beijing in H1
Tesla is the most popular EV brand among Beijing residents, followed by BYD, BJEV, and Nio, according to insurance registration data from January to June.
Nio Day 2021 to be held in Suzhou, a city 100 km west of Shanghai
Suzhou received 50% of the votes and became the city that hosted Nio Day 2021. Xi'an received 27% of the votes, and Hefei, where Nio's factory is located, received 23% of the votes.
Nio's 317th battery swap station goes into operation
This is Nio's first second-generation battery swap station in Yantai and is the result of a partnership with furniture retail giant and real estate conglomerate Red Star Macalline Group.
Xpeng, Nio are top NEV firms with highest number of fundings in past 10 years, report says
From 2011 to the first half of 2021, Xpeng's number of financing reached 14, ranking first in Qichacha's top 10 list of new energy vehicle financing in the last decade.
Deutsche Bank reiterates China EV stocks could be one of the best relative safe havens
The latest news "reaffirms our belief China EV stocks could be one of the best relative safe havens for growth investors," Yu's team said.
China's hottest-selling EV coming to Spain with doubled price tag
China's hottest-selling EV, the Wuling Hongguang Mini EV, is coming to Spain for about 9,000 euros ($10,590), according to Entrepreneur.com. The model starts at RMB 28,800 ($4,450) in China.
Toyota recalls over 200,000 vehicles in China for non-compliant adaptive cruise control system
They involve 116,551 Corolla vehicles produced by Tianjin FAW Toyota from August 2019 to July 2021 and 109,034 Levin vehicles produced by GAC Toyota from May 2019 to July 2021.
Tesla said to seek significant EV import tariff cut in India
India currently charges a 100 percent tariff on cars over $40,000, while Tesla's US website shows that only the Model 3 Standard Range Plus is priced below that figure.
Volkswagen expects its EV sales in China to soar in H2
Volkswagen expects its ID series of electric cars to see a sales surge in China in the second half of this year, Reuters reported on Thursday, citing Volkswagen Group CEO Herbert Diess.
Self-driving startup CalmCar closes $150 million Series C funding round
CalmCar, a Chinese startup self-driving technology provider, announced on July 22 that it closed a Series C round of funding of approximately $150 million and plans to launch an IPO in 2022.