The Tianxing L-series battery packs have already been mass-produced and have been selected for 21 models from 13 automakers.
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Author: Lei Kang
The Azerbaijani government will also purchase 200 electric buses from BYD each year between 2025 and 2028, with localized assembling.
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On average, each Nio user used the battery swap service six times in June, each time taking about three minutes.
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BYD officially entered the Thai market in 2022 and now has a 41 percent share of the local NEV market.
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China's NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date.
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CATL continues to be the world's largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share.
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Aito is a premium car brand launched by Seres with Huawei on December 2, 2021, and is the first new brand launched by Huawei in partnership with a carmaker.
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The joint venture will produce square LFP batteries for selected North American commercial vehicle applications with an annual capacity of about 21 GWh.
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In June, price wars in China's auto market cooled down, spurring consumer sentiment among groups that had been on the sidelines, the CPCA said.
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BYD just saw its 7 millionth NEV roll off the line on March 25.
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