New energy vehicle Archives - Page 4 of 8

BYD Surpasses Tesla to Rank Top in Global EV Sales in H1

Chinese EV maker BYD sold 641,400 new energy vehicles in the first half of 2022, up 315% year-on-year. BYD continues to maintain its leading position in the domestic EV market, and has surpassed Tesla to become the leading EV company by sales.

Geely-backed Geometry Releases Pure Electric SUV

Geely's Geometry brand held an event on Thursday to announce the official launch of the Geometry E car model. The new vehicle is available in three versions and is priced at 86,800 - 103,800 yuan ($12,966 - $15,505).

Li Auto to Sell Up to $2B in ADS Offering

Li Auto announced on Tuesday that it will sell American depositary shares (ADSs) with a total amount of no more than $2 billion through an at-the-market equity offering program on the Nasdaq Global Select Market.

BYD Obtains $60M New Energy Industrial Site in Shenzhen

A new energy industrial site in the southern Chinese city of Shenzhen spanning over 550,000 square meters was sold on Monday to Shenzhen BYD Auto Industry Company Limited for 403 million yuan ($60.3 million).

Audi to Establish New EV Production Base in China

The construction for Audi FAW New Energy Vehicle Co., Ltd. will start in Changchun, Jilin Province, at the end of June, aimed at becoming a key milestone in Audi's electrification strategy in China.

Tesla’s Shanghai Gigafactory Plans Two-Week Shutdown for Equipment Upgrades

Tesla plans to suspend most production at its Shanghai Gigafactory for the first two weeks of July to carry out upgrades to equipment.

WM Motor Founder Freeman Shen Comments on EV Supercharging

Freeman Shen, Founder, Chairman and CEO of WM Motor, issued comments on Tuesday through Chinese social media regarding the future prospects of electric vehicle supercharging technology.

XPeng Motors Announces Delivery of 200,000th Unit

XPeng Motors announced on Tuesday that as of this week, the firm has officially delivered over 200,000 units. Following NIO, XPeng is now the second Chinese new automobile manufacturer to reach the milestone.

Chinese Regulators to Decide Future of Preferential Tax Policy for NEVs

Vice Minister of China's MIIT said at a Tuesday press conference that a study would be conducted as soon as possible on whether to continue the preferential tax policy for new energy vehicles, scheduled to be discontinued at the end of this year.

Equipped With DJI System, 2023 Baojun Kiwi EV Unveiled

The 2023 Baojun KiWi EV is the first strategic cooperation model between SAIC-GM-Wuling and Shenzhen-based drone developer DJI, and it will be equipped with DJI's intelligent driving system.

BYD Seal EV Model to Begin Mass Production in June

The BYD Seal vehicle will begin mass production this month, with an estimated monthly capacity of 15,000 units.

Geely Plans New Energy Vehicle Project in Haikou

The High Technology Industry Development Zone in Haikou, China's Hainan Province, signed a cooperation agreement on Wednesday with Geely Commercial Vehicle Group, planning to build a new energy vehicle project in the zone.

BYD Chairman: NEV Industry’s Future Lies in Intelligence

Chinese electric vehicle maker BYD held its 2021 annual stockholders meeting on Wednesday. Wang Chuanfu, Chairman of BYD, said at the meeting that the first half of developing new energy vehicles is electrification and the second half is intelligence.