July was another strong month for EV sales. In Norway, where all-electric cars make up almost two-thirds of all new registrations, new EV sales were up 33% more than a year ago.
U.S.-listed upcoming Chinese electric vehicle maker Xpeng Inc (NYSE: XPEV) has emerged as the top mass-market new energy vehicle brand in China to adopt technology, as per J.D.
The Shenzhen-based, Chinese automaker BYD Co’s (OTC: BYDDF) all-electric vehicle sales more than doubled in July and the company sold more vehicles than the combined delivery numbers of the three homegrown newcomers Nio Inc (NYSE:
After coming down heavily on fintechs, tech conglomerates, education and gaming companies, regulators in China are now targeting companies supplying chips to automakers.
Tesla Inc (NASDAQ: TSLA) is trying out a new sales model in China and shifting dealer outlets away from expensive malls to more traditional auto shopping neighborhoods, cnEVpost
Gainers
Ever-Glory International Group, Inc. (NASDAQ: EVK) shares climbed 124.8% to close at $5.08 on Monday after the company announced a $5 million stock repurchase program.
U.S.-listed Chinese electric vehicle maker Li Auto Inc (NASDAQ: LI) is looking to raise as much as $1.9 billion in its Hong Kong dual primary listing, the company said in a statement.
Xpeng Inc. (NYSE: XPEV) shares are trading higher Monday after the company increased its delivery numbers for the month of July. XPeng reported deliveries of 8,040 smart EVs, representing a 22% increase month-over-month and a 228% increase year-over-year.