On the evening of September 26, Faraday Future announced that it had reached a final agreement with FF Top Holding LLC, a major shareholder of the firm, on financing and board reorganization.
Mobileye, an autonomous driving firm acquired by Intel, announced on September 26 that it will deepen cooperation with Geely Holding Group. The two sides will promote an advanced driving assistance system (ADAS) and automated driving technology.
Australian mining firm Greenwing Resources announced on September 26 that it has reached a strategic financing agreement with electric vehicle firm NIO to accelerate exploration of a lithium salt lake project in Argentina.
Chinese electric vehicle maker Li Auto now expects its deliveries for the third quarter of 2022 to total around 25,500 units, significantly lower than previous forecasts, the company stated on September 26.
The China arm of American multinational automobile manufacturer Ford announced on September 26 that it would work to accelerate electric transformation in the country by operating its EV business through FMeT, an independent company.
XPeng Motors announced on the evening of September 25 that its chairman and CEO, He Xiaopeng, bought 2.2 million company shares in the open market on September 23, for an average price of $13.58 each and resulting in an overall increase of $29.876 million.
A prospectus released recently by Chinese EV maker WM Motor has triggered hot debate in the country. The high pay received by Freeman Shen, the firm's Founder, Chairman and CEO, has drawn scrutiny amid declining company revenue and major losses.
Chinese EV maker XPeng officially launched its flagship SUV, the G9, two days ago. However, its complex configuration has exposed the company to much criticism. It has announced an overhaul, which has resulted in a price reduction of 20,000 yuan ($2,805).
On September 23, Chinese auto maker and Huawei's vehicle manufacturing partner Seres said on an investor interaction platform that it is working with CATL on the new M3P battery.
Nasdaq-listed Chinese new energy vehicle company Li Auto has recently set up a new automobile services company in Shanghai. The registered capital of the firm has reportedly reached 1 billion yuan ($140.4 million).
Mogo Auto, a Chinese autonomous vehicle startup, released the world's first self-driving factory-installed mass production bus featuring a "vehicle-infrastructure-cloud integration" system.
During the China NEV Development High-Level Forum on September 23, Wang Chuanfu, Chairman of major Chinese automobile and battery maker BYD, said that the firm will adhere to the parallel development of pure electric and hybrid technology.
Chinese electric vehicle maker NIO will hold its European launch event in Berlin on October 8, marking the firm's exploration of new business opportunities in Europe.
On the evening of September 22, Chinese new energy automobile company Li Auto announced that the new generation of its Li ONE, the Li L8, will be announced at a press conference on September 30, and will start delivery in early November.
93,000 multi-purpose vehicles (MPVs) were sold through wholesale in China in August this year, an increase of 15.5% month-on-month and 6.8% year-on-year.