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On August 5 local time, US President Biden signed an executive order that half of the cars sold in the United States in 2030 must be battery electric vehicles, Plug-in hybrid, or fuel cell electric vehicles.

On August 5th, Cailian News Agency reported that BYD is about to supply "blade batteries" to TSLA in the second quarter of next year. At present, the TSLA model equipped with a "blade battery" has entered the C-sample testing stage. BYD has stated that it "does not comment" on this matter.

The German Auto Weekly reported on August 4 that in order to further develop the electric vehicle strategy, Volkswagen Group's three major brands - Volkswagen, Seattle and Skoda will launch small electric vehicles in 2024.

On Wednesday night local time, TSLA (TSLA. US) Chairman Robyn Denholm sold 31250 shares of the company's stock, cashing out over $22 million.

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