BYD is focusing on its main businesses and has no plans to launch motorcycles, an executive said, after some patent drawings sparked speculation.
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Author: Phate Zhang
China’s commerce minister to visit Europe over EV tariffs
China's Commerce Minister Wang Wentao will visit Europe in recent days and on September 19 will talk with EU trade chief Dombrovskis on the EU's anti-subsidy investigation case against Chinese EVs.
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China asks carmakers to keep key EV tech at home, encourages export of knock-down kits for local assembly, report says
China has strongly advised its automakers to ensure that advanced EV technology stays at home and encouraged them to export knock-down kits to foreign factories for final assembly, according to Bloomberg.
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CATL suspending lithium production in Jiangxi, sending lithium producer shares soaring
A rumor -- later confirmed -- that CATL had suspended lithium production in Jiangxi sent shares of major lithium producers soaring.
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BYD exec denies 2024 sales target raised to 4 million units
A BYD executive said the company's sales are doing well at the moment, but he hasn't heard that the sales target has been revised upward.
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BYD Denza to formally launch Z9GT on Sept 20
Denza started the pre-sales of the Z9GT on August 20, with a price range of RMB 339,800 ($47,770) to RMB 419,800.
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Baidu-backed Jiyue launches 2nd EV model as sales begin to show momentum
Jiyue has launched the Jiyue 07 electric sedan with a starting price of RMB 209,900 ($29,480). It delivered 2,117 vehicles in August, up 107.75 percent from July.
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Baidu-backed Jiyue to become new member of Nio-led battery swap alliance
Jiyue CEO said the EV maker has entered into a strategic partnership with Nio on battery swap and will soon officially become part of Nio's battery swap alliance.
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Huawei-backed Aito launches 5-seat variant of M9 to further tap luxury SUV market
Aito has launched a five-seat variant of its flagship SUV, the M9, at a starting price of RMB 469,800 ($66,000), following the success of the six-seat version in the luxury SUV market.
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EU to lower proposed tariffs on EVs from China, report says
The European Union is set to make small reductions in the proposed additional tariff rates on EVs from China, with Tesla facing a reduction from 9 percent to just under 8 percent, according to Bloomberg.
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