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August New Energy Vehicle Weekly Report

This week’s news shows the automotive industry’s continued efforts and innovations in the development of electrification and charging infrastructure to meet the needs of the growing electric vehicle market.

Automobile dynamics

Xiaopeng Motors will contribute its vehicle platform, software solutions, autonomous driving applications, and intelligent voice assistant technology.

Audi and SAIC Group have signed a strategic memorandum of understanding to co-develop a portfolio of premium intelligent connected electric vehicles for the high-end market.Audi aims to introduce new electric models, entering untapped segments in China, equipped with advanced software and hardware components to deliver a digitalized driving experience.

Volkswagen Group has invested approximately $700 million to acquire a 4.99% stake in Xiaopeng Motors, with plans for collaborative electric vehicle development.In the initial phase of cooperation, they will jointly develop two electric SUV models under the Volkswagen brand, utilizing the MEB platform, targeting the midsize car market in China. The anticipated launch date is set for 2026.

New car pre-sale

Audi e-tron GT Hits the Market

The Audi e-tron GT has officially launched with a starting price of 999,800 RMB, offering various customization options.Powered by dual electric motors, the e-tron GT achieves 0-100 km/h acceleration times ranging from 4.1 to 3.3 seconds, with a range exceeding 488 km.

NIO’s Updated Model Renamed NIO AYA

NIO is set to introduce the NIO AYA, featuring minor exterior enhancements, new colors, and interior design updates.The AYA offers two motor options, 40 kW and 70 kW, powered by a lithium iron phosphate battery.

Honda Teases Pure Electric S2000 EV

In celebration of its 75th anniversary, Honda has released a teaser image of the upcoming S2000 EV, a purely electric sports car.The new model will adopt the e:N architecture and feature a rear-mounted electric motor.

Breaking News

The Charging Alliance Forms: Seven major automakers, including GM, Stellantis, Hyundai, Kia, Honda, BMW and Mercedes-Benz, have announced that they will form a new company in the United States to provide electric vehicle charging services.

New Heated Windshield Technology: GM has been granted a patent for a more advanced heated windshield design.

High Energy Density Aluminum Foil Battery: Researchers at the Georgia Institute of Technology have developed a high energy density battery fabricated using aluminum foil.

Charging operator financing: Electric vehicle charging service operator EVCS is seeking $125 million in financing to expand its fast-charging network.