Reuters reported Xpeng’s Hong Kong listing plan in March, citing people familiar with the matter. Rival Nio Inc and Li Auto have similar plans, sources said. Chinese electric vehicle maker Xpeng Inc filed for a dual primary listing on the Hong Kong Stock Exchange on Wednesday. A dual primary listing is different from secondary listing […]
BYD Installed 2.17 GWh of Batteries for New Energy Vehicles and Energy Storage in April
BYD, a major electronics assembler and manufacturer of new energy vehicles (NEVs) in China, made a voluntary announcement on the Hong Kong Stock Exchange on May 7 to present its vehicle production and sales figures for April. The announcement also noted that the installed capacity of BYD’s power batteries for NEVs and energy storage batteries […]
Chinese NEV and HEV sales to rise over 15-fold by 2035
Liquids demand from light vehicles to peak at 3.8 million b/d before 2030 Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie. In the latest Energy-saving and New Energy […]