Regarding recent reports that Evergrande Auto will be acquired by another automobile company, on August 18, Liu Yongzhuo, president of Evergrande Auto, denied the news.
A series of photos that appeared to show Geely's new mini pure electric vehicle have been exposed to the public. The new car will be subsumed under the Geometry brand, and it is expected to be officially launched in 2023.
Shenzhen-based auto giant BYD announced on August 17 that it will release its 2022 Tang DM-p vehicle model on August 25. This new car is positioned as a mid-sized SUV with four-wheel drive performance.
Chinese EV maker NETA Auto has added two new vehicle models to its V series, namely the Chao 300 Industry Customized Edition and the Chao 400 Industry Customized Edition.
Chinese EV maker Li Auto announced on August 18 that the Li L9, an intelligent flagship SUV, has officially rolled off the production line at the firm's Changzhou Base, and will be delivered across the country soon.
Zhejiang-based automaker Geely released its financial report for the first half of 2022 on August 18, showing that it had achieved operating income of 58.2 billion yuan ($8.57 billion) during the period, a year-on-year increase of 29%.
Li Auto, a Chinese new energy automobile enterprise, held a signing ceremony on August 17 to announce that it will build an international new energy automobile core parts industrial park in Changzhou, Jiangsu Province.
Market rumors have surfaced recently that Zotye Auto will help BYD produce its Dolphin, a hot-selling EV model. A staff member of Zotye Auto's Securities Department replied, "The news is untrue.”
Polestar, a Geely-backed high-performance pure electric vehicle brand, announced on August 16 that it will put the brand-new pure electric concept sports car Polestar 6 into production. The mass production model is expected to be launched in 2026.
Power batteries are one of the core components of Xiaomi Auto, and the company has finalized two suppliers, CATL and FinDreams Battery, which is owned by BYD.
The AITO M5 EV under the AITO banner jointly built by Huawei and Seres will announce its retail price at Huawei's new product launch conference on September 7.
Forty-three days after the pre-sale of its Hengchi 5 model began, Evergrande Auto is reportedly to be acquired by another automobile company, and this acquisition may be led by the local government.
On August 17, a NIO subsidiary was recently fined 30,000 yuan ($4,425) by the Beijing Chaoyang District Fire Rescue Detachment for violating local safety measures.
Premium electric vehicle brand Zeekr, which is owned by Chinese auto giant Geely, on August 16 officially launched new 11kW smart home charging piles.
A car owner in Langzhong, Sichuan, China has released videos recently claiming that his new limited-edition BYD Han Qianshancui vehicle had undergone spontaneous combustion.