Lei Kang
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Chinese auto chip maker SemiDrive closes $140 million Series B+ financing
SemiDrive currently has four series of products with an annual output of one million chips.
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Why is Nio vulnerable to supply chain volatility? William Li responds
Nio's strategy of building to order and meeting different customer needs by offering individualized model options is facing more challenges in the current environment.
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China Nov retail sales of NEVs expected to be 600,000 units, CPCA says
In terms of retail sales, the penetration rate of NEVs in China is expected to be about 32.3 percent in November. This is a new historical record.
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Nio celebrates 8th anniversary, global users nearly 270,000
As of the end of October, Nio's cumulative deliveries since its inception stood at 259,563 units.
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Financially troubled WM Motor sees about half of its Shanghai stores close, report says
The number of WM Motor stores in Shanghai has been reduced from about 20 to about 12, and most of the stores in the city's shopping malls have closed, according to local media.
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Spy photos show Lotus testing electric sedan
The model is the Lotus Envya, which will take on the Porsche Taycan, according to local media.
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Leapmotor opens its first showrooms in Israel
Leapmotor has opened its first three showrooms in Israel, with one of the stores allowing consumers to place orders and get deliveries directly.
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CATL joins Global Battery Alliance's board of directors
CATL is the only Chinese company on the GBA's board of directors. Tesla is also on the list.
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BYD to build battery base with 20 GWh annual capacity in Wenzhou, Zhejiang
BYD currently has about 20 power battery production bases in China, and analysts expect it to have a capacity of 285 GWh by the end of this year.
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GM plans to launch over 15 EV models in China by 2025
GM's Ultium-equipped plant in Wuhan will go into production by the end of this year.









