
Report: EV inventories are swelling, and prices may drop soon

Li L8 sold 9,618 units and Li L9 at 8,451 units in June, contributing 29.53 percent and 25.94 percent respectively.
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BYD World went live first in Ecuador, tomorrow it will go live in Chile, and in a few weeks it will be available in all Latin American countries.
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By then, the energy density of lithium batteries could reach 500 Wh/kg, providing EVs with two to three times the range of liquid lithium batteries and tying the range of fuel vehicles, TrendForce said.
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NOP+ has achieved full coverage on Beijing's city ring roads, including the 2nd, 3rd, 4th and 5th ring roads, as well as fast roads and highways, Nio said.
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BYD topped the LFP battery market with a 39.61 percent share, but lower than its 45.30 percent share in May.
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