Automundo China

Sona BLW Precision Forgings share price surged 8.5% on July 17 due to speculation about supplying EV components to BYD. The company clarified no significant information warrants disclosure, stating ongoing discussions with clients. Q4 net profit rose 11%, with 35% revenue from the EV sector.

Sona BLW and BYD have reportedly been in talks for several months, with the proposed manufacturing facility in China seen as a key part of Sona BLWs broader strategy to deepen its long-term partnership with the Chinese EV major.

Tesla will launch additional offshoots of its well-known volume models on the Chinese market. A long version of the Model Y with six seats is to go on sale in

China has put export restrictions on technologies critical for producing electric vehicle batteries, in a move to consolidate its dominance in the sector that has contributed to the country’s lead in the global EV race.

BHP and FDB will jointly investigate powertrain battery solutions for heavy mining equipment and locomotives with their adjacent flash-charging infrastructure, as well as explore BYD commercial vehicles and light vehicles for use in BHP’s mining applications.

Tesla files for new Model 3 trim level with 500-mile range in China as sales rebound in the country following a lackluster July first week.

Ministers face backlash if new scheme blocks Chinese electric car makers