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Tesla's market share in China's NEV market in July was lower than its 5.5 percent in June and lower than the 5.3 percent in the same period last year.
CATL's share in July decreased by 2.28 percentage points compared to June, while BYD's share decreased by 0.29 percentage points, as smaller players saw growth.
Tesla (NASDAQ: TSLA) popular Model Y retail sales in China resumed decline last month after seeing rare growth in June. The Model Y sold 30,766 units in China in July, down 15.24 percent year-on-year ...
CATL is still in talks with government agencies to renew the permit but is prepared to extend the suspension for several months, according to a Bloomberg report. Previous reports indicated that CATL's ...
(Image credit: IM Motors) SAIC Motor's (SHA: 600104) electric vehicle (EV) division, IM Motors, has launched the IM LS6 in Nepal, where the electric SUV (sport utility vehicle) has been renamed IM6.