Nio to report its Q2 earnings this week, what to watch?
Edison Yu's team from Deutsche Bank maintained a Buy rating on Nio and a $60 price target. Nio closed down 3.86 percent to $43.84 on Friday.
BYD Dolphin, first model of e-Platform 3.0, will be up for pre-order on Aug 13
BYD announced on Monday that its new model Dolphin will be available for pre-order on August 13 at a price of RMB 110,000 ($17,022) - RMB 130,000.
China's hydrogen production increased by 25% year-over-year in H1
The cost and selling price of hydrogen energy has dropped by about 50 percent in the last four years, and production and sales of hydrogen-fueled vehicles have skyrocketed, CCTV reported on Friday.
Xpeng adds 61 supercharging stations in July, 11 of which at highway service areas
Xpeng Motors added 61 supercharging stations in July, 11 of which are in high-speed service areas, bringing the total to 298, the company said on Aug. 9.
BYD establishes new battery company
This is BYD's latest move to expand its battery production capacity, laying the groundwork for supplying batteries to external customers.
Official media calls for caution against duplication of hydrogen energy projects
The number of fuel cell-related capacity planned in China far exceeds market capacity, increasing the risk of overcapacity, said an article published by the official media Economic Daily on Aug. 8.
Spy photos of Li Auto's new model X01 revealed
Li Auto will release the X01 in 2022 with an overall upgrade in size compared to the Li ONE.
Guangdong's Foshan City to provide subsidies of up to about $3,085 to consumers who purchase NEVs
More and more local governments in China are introducing measures to accelerate the acceptance of new energy vehicles.
China's auto market demand to be released gradually as chip problem eases, industry association says
With the chip problem eased and manufacturers' production capacity gradually restored, the previously suppressed market demand will gradually be released, and auto sales are expected to increase in August, the China Automobile Dealers Association (CADA) said.
More Chinese fund managers buying stocks in NEV industry
To industry insiders, CATL becoming a top 10 long position in these funds is iconic, signaling that traditional value stock investors are starting to make a presence in the new energy sector, Shanghai Securities News reported.