Sunwoda expects all-solid-state battery costs to fall to levels near semi-solid-state batteries by 2026
Nio president previously mentioned that its 150-kWh semi-solid-state battery pack costs about the same as an ET5, which starts at RMB 298,000.
Huawei to transfer Aito trademarks and patents it holds to Seres for $340 million
Aito is a premium car brand launched by Seres with Huawei on December 2, 2021, and is the first new brand launched by Huawei in partnership with a carmaker.
Li Auto plans to open its 1st overseas after-sales service store in Kazakhstan this month, report says
Li Auto said its vehicle fleet has reached over 1,000 units in Kazakhstan, and the local after-sales service is in high demand.
Canada launches 30-day consultation to consider tariffs on EVs imported from China
The only China-made EVs currently imported into Canada are from Tesla, and local Chinese branded EVs have yet to be sold in Canada.
IPO-bound Hozon tempts investors with overseas drive
Neta Auto parent Hozon has filed to list in Hong Kong, targeting customers at home and abroad with its affordably priced vehicles.
Tesla beats expectations with 443,956 cars delivered globally in Q2
Tesla's China-made vehicles contributed 46.34 percent of global deliveries in the second quarter, the first time since the second quarter of 2022 that they were below 50 percent.
BYD signs deal with French car leasing firm Ayvens to expand in Europe
BYD has signed a memorandum of understanding with Ayvens to distribute electric passenger cars and light commercial vehicles for European customers.
Eve Energy's US JV breaks ground on battery plant in Mississippi
The joint venture will produce square LFP batteries for selected North American commercial vehicle applications with an annual capacity of about 21 GWh.
China Jun NEV wholesale at 970,000, up 8% from May, CPCA estimates show
In June, price wars in China's auto market cooled down, spurring consumer sentiment among groups that had been on the sidelines, the CPCA said.
Tesla China sells 71,007 cars in Jun, down 2.16% from May
Tesla China sold 71,007 vehicles in June, including exports, down 24.20 percent from 93,680 vehicles sold in the same month last year.