
Li Auto to Provide Modification Service for Li ONE Model
Chinese electric vehicle maker Li Auto announced on July 8 that it will launch a modification service for its Li ONE's electric suction door lock at 10:00 on July 13.
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Chinese electric vehicle maker Li Auto announced on July 8 that it will launch a modification service for its Li ONE's electric suction door lock at 10:00 on July 13.

Danilo Teobaldi has stepped down as vice president of automotive engineering for NIO, transferring to become the firm's chief engineer in Europe. Meanwhile, Zhou Xin, NIO's Executive Vice President and Chairman of Product Committee, will take over the post.

World-leading asset manager BlackRock launched a reduction in BYD H shares, bringing its shareholding ratio from 6.21% to 5.85%.

On July 4, Huawei-backed smart vehicle brand AITO introduced its second model, the M7, merely three months after AITO began deliveries of its inaugural model, the M5. This fast-tracked progress spotlights the brand's ambition to earn fame in the mid-to-large size luxury SUV market.

Due to COVID-19 pandemic prevention requirements, two factories in Hefei, Anhui Province of NIO, a leading Chinese new energy automobile manufacturer, have stopped production recently. As a result, delivery of its models will be delayed.

Chinese electric vehicle maker NIO is looking for talent for its battery-making operations. Two executives from Apple and Panasonic have joined the company.

By 2024, XPeng plans to roll out a "full-range", "point-to-point" XNGP system in China, which will cover scenarios including small roads, interior roads, and parking lots.

NEV developer BYD has decided from July 29 to recall some Tang DM electric vehicles produced between April 5, 2021, and April 18, 2022, totaling 52,928 units.

Starting in 2022, the subsidy for new energy vehicles will decline by 30% compared to that offered in 2021. On Monday, XPeng Motors announced the latest subsidy prices of all models, all of which increased slightly.

Guangzhou Pengxu Autonomous Driving Technology Co., Ltd. was established on February 14, 2022. The legal representative of the company is Henry Xia, the co-founder and president of Xpeng Motors.

Shenzhen-based automotive firm BYD offered various updates on vehicle delivery time, the launch of its fifth-generation DM-i technology in 2024, and the firm's approach to next year's falling subsidies.

Denza, a joint venture between BYD and Daimler AG, announced that a new concept car will be unveiled at the Chengdu Motor Show on August 26.