Analysis

Global EV sales up 21% in July as China records biggest jump this year

This comes despite dropping demand in Europe.

Policy & Regulations

China-built EVs hit with duties in biggest EU trade case yet

There is a four-month window during which the tariffs are provisional.

Policy & Regulations

EU govts waver over additional Chinese EV tariffs as trade spat escalates

Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs.

Analysis

China sets up $828m fund to push solid-state EV battery development

The fund is not that large but is seen as China’s eagerness to commercialise the technology as soon as possible.

Analysis

China’s SAIC eyes 1.35m overseas sales this year: Report

SAIC aims for 1.5 million vehicles in sales beyond its home market in 2025.

Analysis

Nio looks to ride uptick in EV sales out of slump in crowded market

Nio is facing increasing competition in its core focus of the premium market.

Deals

Audi in talks to buy Chinese automaker SAIC Motor’s EV platform

Audi's CEO said last month that the brand has to speed up the development of new EV models to meet demand.

Analysis

China Deal Review: May was second weakest month so far for startup fundraising in 2023

Chinese startups collectively raised $2.8b in May across 197 deals.

Deals

China’s SAIC Motor to pay $382m to up stake in EV battery maker QingTao

The transaction would boost SAIC Motor's stake in the firm from 4.2% to to 15.29%.

Private Equity

China’s SAIC Motor sets up $574m fund to invest in new energy, auto, chips

The new fund held its first close at almost $488m.