In June, global sales of electric vehicles increased by 13%, with China accounting for over 60%.

According to the latest data from market research company Rho Motion, global sales of pure electric and plug-in hybrid electric autos increased by 13% YoY in June, driven by the growth in the China market, while sales in the European market declined. Charles Lester, data manager at Rho Motion, said that the China market accounted for over 60% of global new energy vehicle sales last month, and due to the popularity of electric vehicles and strong sales from BYD Company Limited, the domestic market share of plug-in hybrid electric vehicles (PHEVs) increased in the first half of this year. Lester said, 'June'

環球市場播報20:30 ET

Toyota Plans To Integrate RoboSense LiDAR In Lexus Electric Models, Future Expansion Across Other Brands Expected

Toyota Motor Corporation's (NYSE:TM) luxury brand Lexus will reportedly incorporate RoboSense Technology's LiDAR products in several upcoming all-electric models, primarily utilizing the Chinese

Benzinga12:57 ET

Sodium-electric and semi-solid, half flame and half seawater | Jianzhi Research

Thanks to the new energy autos achieving a record high in delivery, the production, sales and installation volume of power batteries also hit a new high in June this year in all dimensions.

wallstreetcnJul 11 06:18 ET

Revolutionary changes in lithium mining? IBAT has achieved commercialization of new lithium extraction technology for the first time.

The metal that is crucial for energy transition—lithium, has had a major breakthrough in mining technology. With the direct lithium extraction (DLE) technique, lithium production capacity is expected to double compared to current levels.

wallstreetcnJul 11 05:24 ET

Cui Dongshu: Consumption upgrade drives a significant increase in the proportion of high-end car sales.

Zhicheng Financial APP learned that on July 11th, Cui Dongshu released an analysis of the market structure of passenger vehicle price segments.

Zhitong FinanceJul 11 04:35 ET

BYD Company Limited is expanding globally and will deliver nearly 6 million vehicles annually in two years, approaching the levels of Toyota and Volkswagen.

BYD Company Limited's journey to expand overseas is creating new opportunities for the company. JPMorgan believes that in the next 1-2 years, BYD's global expansion and potential growth opportunities in plug-in hybrid vehicles will drive a revaluation of its stock price. This week, China's electric vehicle giant BYD announced plans to invest $1 billion to build a factory in Turkey with an annual production capacity of 150,000 electric vehicles, which is expected to start production by the end of 2026.

wallstreetcnJul 11 02:02 ET