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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.
As two of Xpeng's (NYSE: XPEV) key models, the Mona M03 electric sedan continued to see strong deliveries last month, while the P7+ sedan saw a decline in momentum. The Mona M03 delivered 15,758 units ...
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 ...
Zeekr (NYSE: ZK) has filed for its flagship hybrid SUV (sport utility vehicle) model, the Zeekr 9X, as its launch approaches. China's Ministry of Industry and Information Technology (MIIT) today ...
The new Model 3 variant becomes Tesla's longest-range model, with a battery pack capacity of 78.4 kWh. The Model Y L has an 82.0-kWh battery pack.
IM Motors claims its extended-range system achieves three times the range of the Model Y using a similar battery capacity.
BYD sold 344,296 NEVs in July, roughly on par with the same period last year, as PHEV sales declined sequentially for the fourth consecutive month.
Tesla plans to further deploy its driver assistance system (supervised) in China and Europe in 2025 and is awaiting regulatory approval, a Chinese media report said.
BYD and CATL have each signed MOUs with BHP to advance the mining giant's decarbonization efforts. BHP aims to achieve net-zero operational greenhouse gas emissions by 2050.
BYD promises to take full responsibility for any losses incurred in China for cars equipped with the God's Eye smart driving system in smart parking scenarios.
The first model produced at BYD's passenger car plant in Brazil is the Seagull, which has been renamed the Dolphin Mini locally.
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