By the end of June 2022, the number of motor vehicles in China had reached 406 million units, including 310 million cars and 10.01 million new energy vehicles.
On August 8, the southern Chinese metropolis of Guangzhou put a first batch of 24 hydrogen-powered sanitation trucks into operation in its Huangpu District.
On August 9, the China Passenger Car Association released its market analysis report for July. In the past month, the retail sales of passenger cars in the country reached 1.818 million units, up 20.4% year-on-year.
The first batch of "Hydrogen Energy-Powered Passenger MPVs," composed of SAIC MAXUS Mifa car models, was unveiled on August 4.
On August 4, Kaixin Auto announced that it had obtained targeted investment intentions totaling $700 million from several investment institutions.
Chinese electric vehicle firm BYD disclosed its July production and sales report on August 3. The company produced 163,358 new energy vehicles in July, a year-on-year increase of 221.70%.
South Korean firm SNE Research released its global rankings on August 2 of power battery companies by installed capacity during the first half of 2022, showing CATL, LG Energy Solution and BYD in the top three spots.
Super Panther, a Chinese new energy heavy truck slider chassis developer, announced on August 1 that it has obtained strategic financing totaling tens of millions of yuan from Sequoia China Seed Fund and Shunwei Capital.
In addition to its NIO and ALPS brands, Chinese electric vehicle maker NIO is reportedly planning to launch a third automobile brand to cover the market below 200,000 yuan ($29,620).
Wang Yang, the founder and CEO of NaaS Technology Inc., a charging services company, said that calculated on the basis of 80 million new energy vehicles in China by 2030, the growth will require at least 20 million public charging piles and 30 million private charging piles at that time.
On July 26, digital mapping company NavInfo announced that its subsidiary, charging service provider Matrix Mobility, had reached a deal with NaaS.
On July 25, the first dual-brand new energy vehicle repair station of Contemporary Amperex Technology Co., Limited (CATL) and Bosch's after-sale auto services arm in China, officially opened.
Deep Blue SL03, the latest vehicle model produced by Changan Automobile's Deep Blue brand, opened for sales on July 25. The new model is equipped with more than ten intelligent driving assistance systems, and has 15 sensing components.
A recent report indicates that during China's 14th Five-Year Plan period, the penetration rate of new energy commercial vehicles is expected to increase rapidly, while the business volume of used cars also stands to increase.
Chongqing Sokon, an automotive industry partner of Huawei, announced on July 14 that it expects to achieve operating income of 12 billion yuan to 12.6 billion yuan ($1.78 billion - $1.87 billion) in the first half of 2022, up 62.5% to 70.63% year-on-year.