Latest in EV news, technologies, data and insights from China market
On June 20, Tesla and partners launched a 4 billion yuan energy storage project in China, utilizing Tesla’s Megapack technology for grid stability and renewable energy integration.
BYD UK plans to launch six new models by 2026, starting with the Atto 2 in September, expanding its lineup and retail network significantly in the UK market.
Volkswagen China announces Robert Cisek as CEO starting July 1, 2025, tasked with managing product strategy and overseeing electric vehicle launches amid increased market competition.
BYD plans to launch multiple DENZA models in Australia between July and September, expanding its lineup and targeting premium market segments, with deliveries starting by year’s end.
On June 19, Hozon New Energy Automobile Co., Ltd., Neta Auto’s parent company, faced bankruptcy filing amid internal disputes and employee protests over unpaid wages and restructuring plans.
This year, NIO, XPeng, and Li Auto introduced powerful computing chips, launching competition in intelligent automotive technology. Their differing strategies highlight the evolving significance of computing power in vehicles.