Author: Phate Zhang

Li Auto mulls lowering Li Mega sales target as orders less than 4,000 after half month on market, report says

Li Auto's management was expecting 70,000 to 80,000 units of the Li Mega for the full year prior to its launch, and is now discussing whether to lower that to 50,000 to 60,000 units, according to local media.

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BYD chairman expects China’s NEV penetration to exceed 50% within next 3 months

BYD's chairman predicted a month ago that China's monthly NEV penetration rate would exceed 50 percent within this year, and now he expects that figure to be seen within the next three months.

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