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Canalys released a report on Monday claiming that the global sale of EVs in 2021 was 6.5 million units, an increase of 109% from 2020, accounting for 9% of all passenger car sales.
Tesla is planning to resume the construction of its third phase automobile factory in Shanghai and will begin selling energy storage battery products produced in Shanghai next year.
MW MINI booth at Auto Shanghai refused to give Chinese visitors ice cream. BMW responded by saying that "this was a misunderstanding and that they are currently handling the matter. "
Recently, there have been reports that the global automotive giant Stellantis plans to produce Leapmotor cars in Italy. In response, Leapmotor stated that all business collaborations are under discussion.
Many owners of vehicles made by Chinese automaker XPeng Motors have recently taken to domestic social platforms, alleging that the firm has quietly revised an agreement to provide free roadside assistance services.
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.
BYD's Qin Plus DM-i Executive Edition has entered the market with a price tag of $24,853. The new car still maintains the current model design, equipped with a special 1.5 L high-efficiency engine and a pure electric cruising range of 55 km.
Huawei's car-making partner Chongqing Sokon Group announced on July 11 that it has submitted a proposal to change the company's name to Seres Group Co., Ltd. Seres is a new energy vehicle brand owned by Sokon.
During a telephone conference following the release of its second-quarter financial report on August 23, XPeng Motors said that it would speed up the pace of new product launches within a price range of 150,000 yuan to 500,000 yuan ($21,850 - $72,838).
Amid ongoing pandemic containment efforts, car companies in China are facing supply chain problems. He Xiaopeng, CEO of electric vehicle maker XPeng, expressed his worries on Thursday.
Honda recently announced that it will lay off about 900 contract workers at its Chinese joint venture, GAC Honda Automobile Co., due to a shift towards the electric vehicle market.
Chinese automaker Li Auto released its unaudited financial report for the first quarter of 2022 on Tuesday. The company garnered a total revenue of 9.56 billion yuan ($1.42 billion) in Q1.