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CATL and BMW Group today entered into a multi-year agreement under which the Chinese battery giant will supply its cylindrical battery cells to the German carmaker's NEUE KLASSE-based all-electric vehicle models starting from 2025.

China's auto output and sales reached 2.395 million and 2.383 million units in August 2022, jumping 38.3% and 32.1% year on year, respectively, according to data from the China Association of Automobile Manufacturers ("CAAM").

Great Wall Motor (“GWM”) announced this week its monthly auto sales reached 88,226 units in August 2022, growing 18.81% from the previous year, while falling 13.44% from the previous month.