Xiaomi also received auto production permit in China and chose CATL as it's battery supplier.
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Tagged: China
China NEV retail sales at 351,000 in Aug 1-20, up 1% from same period last month
In the first three weeks of August, China's NEV penetration at retail stood at 37.06 percent, while it was 33.3 percent year-to-date.
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Xpeng rumored to be in talks with Nvidia for customized autonomous driving chip
Xpeng sees Nvidia's Drive Thor's 2,000 Tops of computing power as too much and has made a request for a customized Thor chip with 750 Tops of power, according to local media.
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Zeekr reportedly plans to raise $1 billion in IPO
Zeekr plans to begin a new round of communications with investors in late August with an IPO valuation expected to be well over $13 billion, according to local media.
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Xiaomi gets nod from China’s economic planner to produce EVs, report says
Xiaomi has become the fourth company to receive NDRC approval since the end of 2017, bringing it one step closer to mass production of EVs, according to Reuters.
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BYD reportedly in talks to build EV battery plant in South Korea with local automaker
BYD is in talks with KG Mobility to build a joint battery cell plant in South Korea, with plans to have the plant start mass production in January 2025, a South Korean media outlet reported.
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Under-the-radar Chinese EV maker launches 1st model to take on Li Auto’s Li L8
Jishi has launched its first model, the Jishi 01 EREV, which shares a large number of suppliers with Li Auto and has a significant price overlap with the Li L8.
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Changan Qiyuan A07 rolled off the production line in China with 710 km of range
Changan A07 is a big sedan with 710 km of range and up to 258 hp. Its mass production started in China.
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Stone 01 EREV SUV launched in China for 47,960 USD. Li Auto L8 competitor
The Stone 01 EREV SUV is here with 476 hp, 1,211 km of WLTC range and a starting price of 47,960 USD. To rival the Li Auto L8.
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A batch of Tesla Model 3 Highlands spotted doing high-temperature testing in China
Deliveries from the Shanghai Giga factory are to begin in September and the price is expected to start at 200k yuan (27,400 USD)
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