The information from the enterprise credit agency Qichacha showed that Shanghai Xiaomi Jingming Technology Co., Ltd. (literal translation of "上海小米景明科技有限公司"), a subsidiary of XIAOMI-W, has been formally established. Its legal representative is Yu Liguo, with a registered capital of RMB10 million.
The Company's scope of business includes sales of mobile terminals, sales of electronic products, sales of entire new energy vehicles (NEV...

CPCA sees China Sept wholesale sales of new energy passenger cars at 830,000 units, +23% y/y, +4% m/m.
YTD wholesale sales at 5.92 million vehicles, +36% y/y.
$テスラ(TSLA.US)$ $電気自動車(EV)関連(LIST2568.US)$ $XPENG-W(09868.HK)$ $シャオペン(XPEV.US)$ $BYD Company Limited(002594.SZ)$ $BYD(01211.HK)$ $リー・オート(LI.US)$ $LI AUTO-W(02015.HK)$

Apollo Go, the autonomous driving travel service platform by $BIDU-SW(09888.HK)$ 's Apollo, announced that it has recently been approved to launch a pilot commercialisation of smart internet-connected passenger cars with no drivers in Beijing, becoming one of the first batch of approved enterprises.
Apollo Go will provide regular autonomous driving paid travel services for the general public.
It will...

China produced 2.575 million vehicles (+7.2% m/m, +8.2% y/y) and sold 2.387 mln vehicles(+7.5% m/m, +8.4% y/y) in August.
Jan-Aug. production +7.4% y/y to 18.225 mln, sales +8% y/y/ to 18.21 mln.-CAAM
$BYD(01211.HK)$ $BYD Company Limited(002594.SZ)$ $XPENG-W(09868.HK)$ $シャオペン(XPEV.US)$ $テスラ(TSLA.US)$ $電気自動車(EV)関連(LIST2568.US)$ $NIO Inc(09866.HK)$ $ニオ(NIO.US)$ $NIO Inc. USD OV(NIO.SG)$

Passenger vehicle sales in China at 1.92 million units in August, +2.5% y/y and 8.6% m/m.
Aug's retail sales were the highest on record. A large number of new and low-priced models launched amid the recent Chengdu Auto Show, also boosted demand.
$BYD(01211.HK)$ $BYD Company Limited(002594.SZ)$ $シャオペン(XPEV.US)$ $XPENG-W(09868.HK)$ $テスラ(TSLA.US)$ $電気自動車(EV)関連(LIST2568.US)$ $NIO Inc(09866.HK)$ $ニオ(NIO.US)$ $NIO Inc. USD OV(NIO.SG)$

The wholesale sales of NEVs reached 716,000 units, +34.5%y/y and +11.8% m/m.
From Jan to Aug, the total wholesale volume reached 5.078 million units, +38.5%y/y.
In August, the retail sales of NEVs reached 798,000 units, +25.6%y/y and +3.6%y/y.-CPCA
$電気自動車(EV)関連(LIST2568.US)$ $NIO Inc(09866.HK)$ $NIO Inc. USD OV(NIO.SG)$ $ニオ(NIO.US)$ $テスラ(TSLA.US)$ $シャオペン(XPEV.US)$ $XPENG-W(09868.HK)$ $BYD Company Limited(002594.SZ)$ $BYD(01211.HK)$ $LI AUTO-W(02015.HK)$ $リー・オート(LI.US)$

1. Alibaba Cloud Eyes $2.7 Billion in Private Placement Ahead of Hong Kong IPO
Alibaba Cloud is reportedly seeking $2.7 billion in funding from state-owned enterprises (SOEs), a potential requirement for a future IPO. The spinoff of Alibaba's cloud unit signals Beijing's support for tech giants' growth. CEO Daniel Zhang previously stated it could be valued between $30 billion and $60 billion.
$阿里巴巴集団(09988.HK)$ $アリババ・グループ・ホールディング(BABA.US)$
...

BYD sold 274,386 NEVs in August vs 174,915 a year earlier; Specifically, 145,627 BEVs and 128,459 PHEVs were sold in August vs 82,678 and 91,299 a year earlier.
BYD produced 284,926 NEVs in August vs 175,418 a year earlier.
$BYD Company Limited(002594.SZ)$ $BYD(01211.HK)$ $シャオペン(XPEV.US)$ $XPENG-W(09868.HK)$ $ニオ(NIO.US)$ $NIO Inc. USD OV(NIO.SG)$ $NIO Inc(09866.HK)$ $LI AUTO-W(02015.HK)$ $リー・オート(LI.US)$ $電気自動車(EV)関連(LIST2568.US)$

$XPENG-W(09868.HK)$ announced that, for the purpose of forming a strategic cooperation with DiDi Global Inc. $DiDi Global Inc(DIDIY.US)$ (DiDi, or the Seller) with respect to the smart auto development business currently conducted by DiDi Group that develops, designs and engineers the New Smart EV Model (Target Business), the Company entered into the Share Purchase Agreement with DiDi and the Tar...