China's NEV retail penetration rate was 54.02 percent in August 1-18, and 43.92 percent year-to-date.
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Author: Lei Kang
Li Auto reaches 900,000 cumulative deliveries milestone
This means that Li Auto has delivered 26,655 vehicles so far this month, considering that it had 873,345 cumulative deliveries as of the end of July.
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GAC Aion’s new plant goes into operation with annual capacity of 200,000 cars
The Changsha plant is GAC Aion's third, and its other two plants have a combined annual capacity of 400,000 vehicles.
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Avatr unveils extended-range system to capitalize on hybrid preference and boost sales
Avatr has unveiled an extended-range system called Kunlun, which will first be used in the Avatr 07 SUV.
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SAIC to integrate IM Motors and Rising Auto’s R&D teams to reduce costs, report says
The R&D teams of IM Motors and Rising Auto, and power battery, smart driving, and chassis technology programs, will be relocated to SAIC's R&D innovation headquarters, according to local media.
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Avatr signs deal to become 2nd-largest shareholder in Huawei’s auto unit Newcool
Newcool's business scope will cover full-stack solutions for smart cars and is expected to grow into China's largest smart car solution provider, analysts said.
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BYD enters Pakistan with 3 models, considers local plant
BYD has launched the Atto 3, Seal EV, and Sealion 6 in Pakistan and said it may open an NEV assembly plant in Karachi.
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BYD launches 2025 Song Plus EV with unchanged starting price and upgraded features
The starting price of the 2025 Song Plus EV remains unchanged at RMB 149,800 ($20,980), but the top-trim variant is priced 7.38 percent lower.
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Lynk & Co says Z10 gets over 10,000 pre-orders in 24 hours after pre-sales begin
Lynk & Co began accepting customer pre-orders for the Z10 on August 15, with the official launch set for September 5.
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Li Auto to report Q2 2024 earnings on Aug 28
Li Auto delivered 108,581 vehicles in the second quarter, within the guidance range of between 105,000 and 110,000 vehicles.
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