BYD Han sold 8,386 units in June, up 2% from May

BYD Han EV sold 5,815 units and Han DM sold 2,571 units in June.

Xpeng to launch product platform for international markets in two years, CEO says

Xpeng Motors will launch a new product platform for international markets within two years and will consider global automotive regulatory norms in its development.

Geely signs deal with battery swap station operator to tap commercial vehicle market

Chinese auto giant Geely has signed an agreement with clean energy service provider GCL Energy Technology Co to cooperate in the commercial vehicle market using the battery swap model.

China's new energy vehicle ownership exceeds 6 million

The number of newly registered new energy vehicles in the first half of the year was a record high of 1.103 million, an increase of 774,000 units or 234.92 percent compared with the same period last year.
Opinion

Disruption & destruction of century old SG&A expenses in auto industry – Nio style

Disruption & Destruction of SG&A Expenses Nio Style – Make Nio Owner Income Producer – Turn SG&A Generated Existing Nio Owner into Big Nio Profit Center.

CICC raises Nio price target by 11% to $69

Nio's established advantages are likely to expand in a non-linear and accelerated manner driven by user growth and autonomous driving, said CICC.

Geely sold 7,515 NEVs in June, down 14% from a year earlier

Geely's all vehicle sales totaled 100,163 units in June, down about 9 percent from a year ago and up about 4 percent from May.

Xpeng CEO says more players joining EV bandwagon could accelerate paradigm shift in auto industry

"Because the entry of these companies will accelerate the pie getting bigger, accelerate the smart experience getting stronger, and ultimately can accelerate the change or even disrupt the original model and system of the automotive industry," he wrote.

Xpeng closes down 1.82% on HK 'grey market' trading

Xpeng Motors opened up 1.5 percent in 'grey market' trading on Tuesday, but quickly turned lower. Official trading of its shares will begin on Wednesday.

User frustrated by lagging VW ID.4 X car interface

A video circulated on Weibo on Tuesday shows a user complaining that the SAIC Volkswagen ID.4 X car system is stuck in the startup screen and the vehicle cannot perform any operation, even the air conditioning cannot be turned on.
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