Chinese automakers

Geely has agreed to acquire a 30% stake in the battery-swapping business of rival Chinese electric vehicle maker Nio. The move would link two competing automakers in the infrastructure segment that Nio has built out as a differentiator for its cars, allowing drivers to exchange depleted batteries for charged ones in minutes. The reported deal highlights growing consolidation and cooperation in China's crowded electric vehicle market.

BYD says its solid-state electric vehicle battery technology is almost ready for real-world use. The Chinese automaker is among several manufacturers racing to commercialize solid-state batteries, which promise greater range, faster charging and improved safety over today's lithium-ion cells. Any movement toward production from a company of BYD's scale is being closely watched across the auto industry, as a breakthrough could reshape competition in the fast-growing electric vehicle market.

Chinese auto companies are racing ahead in electric vehicle technology with ultrafast charging systems that can replenish a battery in about five minutes, comparable to a petrol stop. The development, reported widely in US regional press, highlights how far Chinese manufacturers have pulled ahead in charging speed, intensifying concerns about competition with Western and Japanese automakers in the global EV market.

Li Auto has launched the i9, a new electric SUV offering a claimed range of 705 km and dual-motor all-wheel drive producing 400 kW. The model extends the Chinese automaker's battery-electric lineup and signals its push beyond range-extender vehicles. Industry watchers are weighing the i9's specifications against rival premium electric SUVs from Nio, Tesla and other Chinese brands.