BYD presents Dolphin model at digital entertainment show ChinaJoy
BYD recently showcased the Dolphin model at ChinaJoy, a digital entertainment exhibition in Shanghai. The car will be based on BYD's latest e-Platform 3.0 and will feature BYD's latest "marine aesthetic" design concept for the first time.
Tesla reaches 900 Supercharger stations in Chinese mainland
To date, Tesla has more than 6,900 Superchargers in the Chinese mainland, and it also has more than 700 destination charging stations, offering more than 1,700 destination charging piles, covering more than 320 cities in China.
Analysts raise Nio price target ahead of July delivery data release
CMB International raised its price target for Nio by 13.6 percent to $52.6 per ADS, maintaining a buy rating. Nio closed up 4.83 percent to $44.68 on Friday and the price target implies an upside of about 18 percent.
EV vs. fuel car, which is safer in flood?
Nio will do inspections of all vehicles damaged in the flood in Henan and then give a repair strategy, "Even the most serious scrapping can possibly be solved by replacing the battery."
EV battery maker Svolt closes new round of $1.59 billion financing
Chinese power battery maker Svolt Energy recently announced the completion of a Series B financing round totaling RMB 10.28 billion ($1.59 billion).
Leapmotor delivered 4,404 units in July, up 666% year-over-year
Leapmotor received 6,540 orders in July, up 59 percent from June. To date, Leapmotor has accumulated orders for 28,055 units for 2021, the company said.
BYD launches lower-priced version of its flagship model after Tesla's Model 3 price cut
The lower-priced Han EV is available for pre-order now, with deliveries expected to begin in September 2021.
China's lithium-ion battery output exceeded 110 GWh in H1, up over 60% from a year earlier
The total output value of the lithium-ion battery industry in the first half of the year exceeded RMB 240 billion ($37.1 billion), and total exports were RMB 74.3 billion, an increase of nearly 70 percent year-over-year.
Xpeng delivered record 8,040 vehicles in July, up 228% from a year ago
Xpeng Motors delivered 8,040 vehicles in July, its highest monthly delivery record, up 228 percent year-over-year and up 22 percent from June.
Neta delivered record 6,011 vehicles in July, up 392% from a year earlier
Neta Automobile said Sunday it delivered a record 6,011 units in July, surpassing 6,000 for the first time and up 392 percent from a year earlier.