The Shanghai municipal government announced on September 21 that the city's first batch of fuel cell vehicles for ride-hailing will be put into operation by the end of this month.
Li Auto previously confirmed it would stop production of Li ONE as it prepares to launch an updated version named the Li L8, accompanied by a price reduction promotion. This series of moves angered many Li ONE consumers who had just bought the car at the original price.
On September 15, Chinese automobile marque Baojun, a joint venture under SAIC-GM-Wuling, launched the 2023 KiWi EV. The most striking thing about the new model is that it is equipped with DJI's vehicle-mounted intelligent driving system "Lingxi."
On September 13, the topic of "Li Auto's President cashed out over 90 million yuan ($12.9 million)" aroused a firestorm of debate in China.
Many Chinese battery firms have recently announced their construction of new overseas factories. In September, CATL and SVOLT revealed that they would build their second overseas battery factory in Europe.
According to the post by an automotive industry blogger on September 6, the one millionth passenger car of BYD so far in 2022 has officially been shipped, and company founder Wang Chuanfu celebrated this achievement with employees on the scene.
In response to recent rumors that Subaru China, a joint venture automobile brand, is considering withdrawing from the Chinese market, an official statement was issued on August 30, denying the rumor and reaffirming its close attention to the Chinese market.
Cui Dongshu, Secretary General of the China Passenger Car Association, posted to his public WeChat account on August 29, saying that the global trend of new energy passenger cars will remain strong in 2022.
Chinese automaker BYD is expected to release a new high-end brand in Q4 of this year targeting the market priced above 1 million yuan ($145,936).
Recently, some netizens posted on Chinese social media platforms that the new energy quota approval for XPeng's P7 and P5 models has been stopped since July, due to its violation of Shanghai New Energy Office's policies.
China will extend its exemption of new energy vehicles from purchase taxes to the end of 2023, according to results of the State Council executive meeting on August 18. This is the third time that China has extended the policy.
On August 18, China's Ministry of Science and Technology and other eight departments announced the "Implementation Plan of Carbon Peaking and Carbon Neutralization Supported by Science and Technology (2022-2030)."
News emerged that BYD Frigate 07 will start pre-sales at the Chengdu Auto Show on August 26 and will then be listed at the end of September. This model has passed the declaration of the MIIT in the first half of this year.
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.