In July 2022, the registrations of the Wuling Hongguang MINIEV, a mini all-electric car model of SAIC-GM-Wuling (SGMW), stood at 37,062 units, jumping 22.7% year on year, while sliding 10.7% month on month, according to the data compiled by Gasgoo.

Responding to a request from local media outlets, BYD declined to comment on a recent rumor saying it had been chosen as a battery supplier to Xiaomi's electric vehicle unit ("Xiaomi EV") as it had no information to be disclosed.

Li Auto recently signed an agreement to build a new auto parts industrial park in Changzhou city, Jiangsu province, where its self-built car manufacturing plant is located.