Chinese audio platform LIZI surges 100% after announcing co-op with Xpeng
LIZHI (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, saw its shares double after announcing its cooperation with Tesla's Chinese rival Xpeng Motors.
BYD Han sales exceed 10,000 units in November
BYD announced the launch of its flagship new energy sedan, the Han, on July 12, with three Han EV models and one Han DM (Dual-mode) model.
Goldman Sachs raises Tesla's price target to $780 from $455
Goldman Sachs on Wednesday raised its rating on Tesla to buy from neutral and raised its 12-month price target sharply to $780 from $455.
Alibaba-backed AutoX becomes China's first to begin testing RoboTaxi without security officer
Alibaba-backed AutoX officially unveiled its RoboTaxis on December 3, the first Chinese company to begin such testing with no safety officer in the car and no remote control.
UBS raises Nio price target to $55, raises Xpeng price target to $59
UBS raised the price target of high flying Chinese EV maker Nio from $16.3 to $55.00 to reflect brand premium and maintained its Neutral rating. The bank also raised the price target on Xpeng from $25 to $59 while downgrading the rating from Buy to Neutral.
IDC expects China to sell 1.16 million new energy vehicles in 2020
China's new energy vehicle market is poised for strong growth over the next five years, with a compound annual growth rate (CAGR) of 36.1 percent from 2020 to 2025, driven by a number of factors including policy drivers, according to market research firm IDC.
Nio responds to US bill that could result in delisting of Chinese listed companies
A looming US delisting bill is putting pressure on the stock prices of three of China's best-known electric car companies, but Nio doesn't think it's likely to affect them.
Li Auto files for additional 47 million ADSs, putting further pressure on stock price
Li Auto said the funds will be used to develop next-generation electric vehicle technologies, including high-voltage platforms, batteries, and fast charging technologies.
Meet the company that could be dragging Nio, Xpeng, and Li Auto shares down
Nio, Li Auto, and Xpeng continue to bleed due to the short-selling of Kandi.
Huawei reportedly to use Li-ion battery in its smart car solution
Although Huawei recently reiterated that it will not build the whole car, that does not affect its choice of ternary lithium batteries as the power battery technology direction.