BYD to start construction of project with Hefei at end of August
After Nio, BYD has become the latest car company to build new energy vehicle projects with the city of Hefei in east China.
China sees 9,435 power battery recycling-related company registrations in H1, 26 times as many as a year ago
With the rapid development of China's new energy vehicle industry, power battery recycling is starting to become a big business with a rapid increase in participants.
Hongguang Mini EV sales at 22,905 units in June, down 23% from May
After its record sales in March, the performance of China's hottest-selling electric car is starting to weaken.
China's power battery installation reached 11.1 GWh in June, up 136% from a year ago
In June, CATL had the highest installed capacity of 5.44 GWh, with a market share of 49.1 percent.
Li Auto's insurance registrations surpass Nio for first time in June
Li Auto topped China's new car makers with 7,827 insurance registrations in June, surpassing Nio's 7,777.
Xpeng CEO denies waiting a week at CATL to get batteries
Xpeng Motors Chairman and CEO He Xiaopeng denied recent media reports that he waited for a week at the office of power battery giant CATL to secure battery supply.
SAIC plans to put Robotaxis with L4 self-driving capability on road this year
SAIC plans to achieve mass production of Robotaxis by 2025.
Lower-priced Model Y reportedly gets over 10,000 orders on first day of launch in China
The first day of the Model Y standard range version's launch saw more than 10,000 orders, and the second day more than 5,000, local media quoted a Tesla salesperson as saying.
China's new energy firms scrambling to raise capital to expand capacity
The huge market demand generated by China's new energy industry chain has led to a large number of companies actively raising capital to expand their production capacity.
Beijing bans illegal electric tricycles and four-wheelers, gives 2.5-year transition period
These vehicles are also widely known as "老头乐" (Old Man's Joy) in China, and they often weave in and out of ordinary vehicles and drive illegally on bike paths, posing many safety hazards.