BYD Han sold 8,522 units in July, up 1.6% from June
BYD Han's cumulative sales have reached 101,309 units since its launch in July last year, making it the fastest Chinese brand midsize sedan ever to exceed 100,000 sales, the company said.
Nio's OEM JAC sold 12,007 EVs in July, up 189% year-over-year
JAC did not specify, but in line with industry practices, its EV sales figures should include Nio vehicles.
Former Nio senior VP starts electric commercial vehicle company
Newrizon's website shows that three of the six core executives are from Nio. Former Nio deputy director of autonomous driving in China, Fu Jingwei, serves as CTO, and former Nio senior director, Fan Jun, serves as chief operating officer.
Renault to build hybrid models based on Geely's platform
In China, the two companies will jointly develop Renault-branded hybrid models based on Geely's platform technology.
Nio adds two new battery swap stations, bringing total to 352
So far, Nio has 352 battery swap stations, 235 supercharging stations and 427 destination charging stations in China, and has access to more than 390,000 third-party charging piles.
Nio's battery swap stations reach 350, half of its renewed goal for the year
Nio originally planned to have 500 battery swap stations by the end of this year, but at the first Nio Power Day event on July 9, it said the goal would be raised to over 700.
Nio in-depth analysis: Sales and cash flow expected to see sustained improvement
With the launch of new models, the easing of battery and chip shortages, and the gradual release of factory capacity, Nio's sales and cash flow are expected to continue to improve, and its market capitalization has big growth potential.
Nio launches joint lab with one of China's top universities
USTC's scientific research strength in China is almost comparable to that of Tsinghua University and Peking University. It is located in Hefei, Anhui Province, which is also the headquarters of Nio China and is home to the JAC Nio factory.
China sees 1.1 million NEV registrations in H1, up 234% from a year ago
"The rapid development of new energy vehicles and the rapid growth of luxury brand vehicles indicate the stimulation of domestic demand potential in the car market," the CPCA said.
First Tesla model to be powered by BYD's 'blade battery' said to be Model Y
Media reports that BYD will supply "blade battery" to Tesla are true, and the first model could be the Model Y, Chinese technology website mydrivers.com said Friday, citing an unnamed BYD insider.