
Li Auto Starts Phase II of Beijing Industrial Park Project
Chinese vehicle manufacturer Li Auto started the second phase of construction on Tuesday for an industrial park in Beijing's Shunyi Science Park.
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Chinese vehicle manufacturer Li Auto started the second phase of construction on Tuesday for an industrial park in Beijing's Shunyi Science Park.

On July 21, BYD JAPAN Co., Ltd., a branch of Chinese new energy vehicle company BYD, held a launch conference in Tokyo wherein it announced its official entry into the Japanese passenger car market.

After implementing major organizational adjustments at the end of last year, the internal reform of XPeng is still in progress. Yi Han, a former Geely executive, will join XPeng as vice president after the upcoming Spring Festival holiday.

On November 21, Tesla Model Y Long Range Version raised price to 304,400 yuan, an increase of 2,000 yuan.

Huawei unveiled its second-generation automated driving system, ADS 2.0, on April 16. A notable technical feature of this system is its ability to function without the need for high-precision maps.

According to a report released by the China Passenger Car Association on August 4, BYD's wholesale volume in July reached 162,200 units, while Tesla's domestic wholesale volume in July was estimated to be 30,000 units.

According to automobile brand Seres on Thursday, due to increases in the cost of raw materials, the price of the company's SF5, a model jointly developed with Huawei, rose by 20,000 yuan ($2,997) since Friday.

An accident involving a NIO vehicle in Shanghai has led to one death and one serious injury, sparking much discussion on Chinese social media. The electric vehicle suddenly accelerated onto the sidewalk during a prospective buyer's test drive.

According to statistics from China's customs officials, in the first eight months, China exported 137.7 billion yuan of automotive goods (including chassis), an increase of 111.1%.

On Friday, news emerged that BYD is scheduled to release its Frigate 07 at the Guangdong-HongKong-Macao Greater Bay Area International Auto Show, which will open on May 28.

Chinese electric vehicle maker XPeng has restructured its marketing system by merging the auto trade and user development service teams and establishing over 20 sales regions in China.

On May 29th, BYD stated on its interactive platform that China is the birthplace of PHEV (Plug-in Hybrid Electric Vehicle) technology and also the world's largest PHEV market.