Xpeng's request to freeze supplier's $6.1 million property upheld by court
Xpeng Motors' application to freeze the assets of a supplier, Beijing Linkdata Technologies, for RMB 39.54 million ($6.1 million) has been upheld by the court, according to data provider Tianyancha.
China's NEV exports show explosive growth in July, the CPCA says
Tesla China exported 24,347 units in July, SAIC's new energy vehicle exports were 4,407 units, BYD exported 781 units and Chery Auto exported 120 units, the CPCA said.
China's retail sales of new energy passenger vehicles were 222,000 units in July, up 169% from a year earlier
Retail sales of new energy vehicles from January to July reached 1.229 million units, up 210.2 percent year-over-year.
Tesla delivered 8,621 locally made vehicles in China in July, down 69% from June
Tesla delivered 8,621 locally made vehicles in China in July, down 69 percent from June, according to data released Tuesday by the China Passenger Car Association (CPCA).
Tesla and BYD were the top-selling NEV brands worldwide in June
In June, global new energy passenger vehicle sales reached 583,500 units, up 153 percent year-over-year. Among them, sales of pure electric vehicles were 407,000 units, a 154 percent jump year-over-year.
Firm questioned by stock exchange after saying it has supplied to Nio, Xpeng, Li Auto, BYD
Nanjing Julong replied to investors on August 9, saying that the company had been certified as a supplier by new energy vehicle makers including BYD, Geely, Nio, Xpeng, Li Auto and Evergrande Auto. Its shares stored since then.
Nio signs strategic co-op deal with Shanghai's largest industrial park developer
After Tesla built a factory in Shanghai, Nio's relationship with the city, where it has its global headquarters, seemed to drift apart. But the latest move may signal that the company is upping its bets here.
Nio puts seven new battery swap stations into operation, bringing total to 360
Nio's seven new battery swap stations went into operation on August 10, bringing the total to 360. One is located in Xingtai, Hebei Province, and six are in Shanghai.
Video shows Xpeng testing P5's self-driving capabilities on city roads
The P5 is capable of automatically changing lanes, recognizing traffic lights, and making automatic left turns at unprotected intersections, as shown in the 30-second video.
Guangdong aims to exceed $170 billion in auto manufacturing revenue by 2025
Guangdong Province wants its auto manufacturing revenue to exceed RMB 1.1 trillion ($170 billion) by 2025, and to build an auto cluster with international influence by then.