Category: Industry News

Top NEV sellers in China in Oct: BYD No. 1 with 33.7% share, Tesla No. 8 with 3.7% share

In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent.

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Saudi Arabia’s sovereign wealth fund in talks to invest in Chinese EV maker Human Horizons, report says

Saudi PIF could invest at least $250 million in Human Horizons at a valuation of $3 billion, and a deal could be reached as early as this year, according to Bloomberg.

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VW’s software arm Cariad sets up joint lab with Vivo to explore phone-car integration

Cariad China's partnership with Vivo comes at a time when Chinese consumers are increasingly valuing the seamless experience of connecting their smartphones to EVs, which has even driven some EV makers, including Nio, to enter the phone making space.

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China’s Oct NEV wholesale volume at record 890,000 units, CPCA estimates show

China's October wholesale sales of passenger NEVs are expected to be 890,000 units, up 32 percent year-on-year and up 7 percent from September, the CPCA said.

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