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XPeng Motors recently reduced the number of nationwide sales regions. They are also gradually phasing out underperforming directly operated stores and expanding the scale of dealership stores.
On August 4, WM Motor, a Shanghai-based new energy automobile company, announced the launch of its "Smart Parking" service.
NIO's insurance brokerage company, established in January 2022, recently initiated a simple cancellation. The registered capital of the company is 50 million yuan ($7.25 million).
BYD and Alexander Dennis Limited jointly announced that they have completed the first two extra-large electric buses BYD ADL Enviro200EV XLB for Howick & Eastern by Transdev in New Zealand.
Zhang Hui, Vice President of NIO Europe, said recently that the electric vehicle (EV) firm is negotiating with Chinese and international automakers to license its battery swap system.
On August 2, a patent applied for by Huawei entitled "Identification Method and Identification Device for Objects of Interest to Users" was formally authorized.
Li Auto, whose first-quarter performance didn't meet expectations, is making further organizational changes following significant layoffs and a slowdown in production.
The recent series of new energy policies in China has promoted more customers to the stores. Tesla China now provides gifts for replacing fossil fuel-based vehicles with electric models.
According to media sources recently invited to visit Tesla's Shanghai car factory, the combined annual output of Model Ys and Model 3s at the location has reached 450,000 vehicles.
Chinese electric vehicle startup Li Auto saw its losses widen in the second quarter of the year, according to its periodic fiscal disclosure on August 15, which also provided soft guidance for the third quarter.
AITO, a new energy vehicle brand jointly created by Huawei and Chongqing Sokon's Seres, is the latest to raise the prices of its vehicles.
Tesla announced on December 30 at an automotive expo in Guangzhou that the prices of its Model S Plaid and Model X Plaid in the Chinese market will be unveiled on January 6, 2023.