The US government locked in sharp hikes in tariffs on Chinese imports on Friday, including a 100 percent tariff on EVs, according to Reuters.
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Author: Phate Zhang
Xpeng's first EREV model is under development, internally codenamed G01, and will primarily target the RMB 200,000 ($28,190) plus price band, according to local media.
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BYD's total workforce exceeded 900,000, the most of any of the more than 5,300 Chinese A-share listed companies and 400,000 more than the second-place company.
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BYD's total workforce exceeded 900,000, the most of any of the more than 5,300 Chinese A-share listed companies and 400,000 more than the second-place company.
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The Li L6 is Li Auto's lowest-priced model, with monthly deliveries exceeding 20,000 units in each of the last three months.
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BYD is focusing on its main businesses and has no plans to launch motorcycles, an executive said, after some patent drawings sparked speculation.
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China's Commerce Minister Wang Wentao will visit Europe in recent days and on September 19 will talk with EU trade chief Dombrovskis on the EU's anti-subsidy investigation case against Chinese EVs.
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China has strongly advised its automakers to ensure that advanced EV technology stays at home and encouraged them to export knock-down kits to foreign factories for final assembly, according to Bloomberg.
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A rumor -- later confirmed -- that CATL had suspended lithium production in Jiangxi sent shares of major lithium producers soaring.
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A BYD executive said the company's sales are doing well at the moment, but he hasn't heard that the sales target has been revised upward.
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