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On Wednesday, the China Passenger Car Association released an analysis of the national passenger car market in November 2021.
Chinese automaker BYD outsold Tesla by nearly 200,000 vehicles globally in the third quarter of 2022, according to the latest data released by the two companies.
On the evening of November 17, Voyah, a high-end new energy vehicle brand under Chinese state-owned automobile manufacturer Dongfeng Motor, announced its completion of round-A financing.
On April 16, CATL, a prominent battery company, announced that Chery vehicles will be equipped with its sodium-ion batteries. Additionally, the state-owned automobile manufacturer and CATL will collaborate to launch a new battery brand named "ENER-Q".
Tesla's locally produced models, the Model Y and Model 3, are set for a price adjustment starting November 9th.
Chinese vehicle manufacturer Evergrande Auto is now in the midst of wage arrears and layoffs after plans were revealed to cut 60% of workers at its Tianjin plant.
BYD plans to open an electric vehicle assembly plant in Cambodia, which would be capable of producing 20,000 electric vehicles annually.
On November 8, XPeng Aeroht, a flying car company owned by XPeng, reached a strategic partnership with four banks which will jointly provide credit lines totaling 6 billion yuan ($827 million) to the company to support its R&D and manufacturing of flying cars.
Chinese electric vehicle maker BYD on April 3 said it has stopped production of vehicles powered by fossil fuels, now focusing exclusively on electric and hybrid cars.
Chinese automaker XPeng announced on October 10 that, in accordance with the requirements in Guangzhou, its G9 model successfully passed the autonomous driving closed-field test, becoming the first mass-produced car on sale in China to pass the test.
On March 7, WM Motor, an electric vehicle maker in China currently caught up in a mounting capital crisis, announced through its social media outlets that more than 100 stores in China will resume normal services in the near future.
Xiaomi's car production project will enter the offline stage of a "soft model" car in September, followed by field tests and a winter test cycle as scheduled.