How many mistakes has Citron made in shorting Nio?
Nio shares plunged nearly 8% on Friday after being shorted by Citron, but the company's shares rallied more than 2% on Monday and more than 2% in pre-market trading on Tuesday.
Citi raises price targets on Xpeng and Li Auto
Citi raised price target on Xpeng (XPEV.US) from $34.70 to $57.71, and maintains "Buy" rating. The bank also raised Li Auto (LI.US) rating from "Neutral" to "Buy" with a price target raised to $45.60 from $27.10.
Didi unveils D1, a car for sharing and built in partnership with BYD
Didi plans to launch the D3 with autopilot in 2025. Didi wants to remove the cockpit by 2030 to enable fully automated driving.
Tesla plans to produce 5,700 Model 3s per week at Shanghai factory
The Tesla Shanghai plant set an immediate target of producing 5,700 Model 3s per week in November, which could be enough to help Tesla meet its annual production and delivery expectations of 500,000 electric vehicles, according to 163.com.
Revealing the whales in Nio: Bridgewater is not alone
There is also the largest public pension in the US and the famous Renaissance Technologies.
Huawei's smart car business reportedly to be integrated with consumer business
Huawei's consumer business group is being integrated with the smart car solutions business unit, with the overall head being Richard Yu, CEO of Huawei's consumer business, 36kr said, citing sources close to Huawei's senior management.
Nio is about to report its Q3 earnings, what to watch?
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) will report its third-quarter earnings Tuesday before the US stock market opens.
BYD's 20,000th Han EV rolls off assembly line
BYD's 20,000th Han EV recently rolled off the production line at its Shenzhen plant, four months after the model's delivery began in July.
Analysts expect Nio sales to reach 100,000 units next year
Sales of the US-listed Chinese electric car trio are now on a rapid rise after a difficult period.
China's insurance industry is developing products for new energy vehicles
Currently, China's traditional auto insurance still lacks products to cover and manage the risk of batteries in new energy vehicles.