China's NEV retail penetration rate was 52.59 percent in August 1-11, and 36.29 percent year-to-date.
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Author: Lei Kang
WeRide has 12 active vehicles and will operate in San Jose and nearby areas.
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Mercedes-Benz and Volcano Engine have signed a memorandum of strategic cooperation to collaborate in areas including large models, generative AI and big data.
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The Yangwang U9 achieved a top speed of 375.12 km/h in a track test, exceeding the 300 km/h mentioned on the model's regulatory filing page.
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The first production vehicles for the Xpeng Mona M03 have rolled off the production line, with the official launch expected in late August.
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CATL's share increased by 2.24 percentage points in July compared to June, while BYD decreased by 2.49 percentage points.
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China's BEV sales in July stood at 551,000 units, down 10 percent from June, while PHEV sales grew to a new record high of 438,000 units.
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Xpeng has reorganized its structure to focus on end-to-end AI large models in line with changes in the smart driving technology route, according to local media.
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China's retail penetration of NEVs reached a record 51.1 percent in July, the first time it has exceeded the 50 percent mark, meaning that for the first time, NEVs overtook conventional gasoline vehicles in new car sales.
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The Neta S shooting brake would be launched in August and volume deliveries would begin in September, an executive said previously.
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