Haval, an SUV-dedicated brand of Great Wall Motor (“GWM”), will ban the sales of oil-fueled vehicles by 2030, GWM said on August 22 at the new energy strategy launch conference held for the Haval brand.

A vessel carrying dozens of NIO's ET7s has already departed for Europe this month, the Chinese NEV startup announced via its WeChat account, marking a further progress of NIO's overseas offensive.

On August 22nd, Chery Holding’s subsidiary, Wuhu Chery Technology Co., Ltd. (Chery Technology), inked a cooperation agreement to build a joint venture for automotive intelligent electronics in Wuhu, Anhui Province.