Wall Street looks to Nio as Tesla becomes too expensive
The average analyst price target for Nio is $49.01, with a 14% upside from Friday's closing price, while the average for Tesla is $403.24, a third below the current price.
Analysts say BYD Han's sales still on track to reach new record highs
BYD uses self-developed core technologies to make products with better performance and higher cost performance, the analysts say.
Huawei to provide more automakers with solution to unlock cars with cell phones
Previously, Huawei has teamed up with BYD to realize the NFC car key function of cell phones, users only need to activate the cell phone key and swipe the phone near the left front mirror of the car to unlock or lock the car.
Chinese version of 'Rolls-Royce' Hongqi launches all-electric SUV, prices start at about $78k
The new car is equipped with an L3 autopilot system and steering system, supports L4 automatic parking, and is equipped with facial recognition technology.
Tesla ruled to pay over RMB 1 million fine for alleged fraud in used car sale
Tesla was ruled to refund RMB 379,700 to the car owner and pay an additional fine of RMB 1,139,100.
Li Auto reportedly to debut pure electric model as early as 2022
In addition to the planned launch of an extended-range full-size SUV in 2022, Li Auto is also ahead of schedule with the creation of an all-electric model.
Nio begins accepting applications for tickets for Nio Day 2020
Nio is expected to unveil it's fourth new car, a flagship sedan, at Nio Day 2020.
Li Auto's additional share sale priced at 10% discount to Thursday's closing price
Chinese electric car maker Li Auto has priced an additional 47 million American depositary shares (ADSs) at $29 each, a 10.2 percent discount to Thursday's closing price of $32.31.
Tesla merging with Nio? This idea is starting to emerge
The idea sounds crazy, but there are already media outlets that are seriously discussing the likelihood of Tesla merging with Chinese EV startup Nio.
China's best-selling EV annual sales expected to exceed 100,000 units
The Hongguang MINI EV, a pure electric vehicle of SAIC-GM-Wuling, was only launched in July this year.