Tesla Shanghai plant phase II project passes phase review, Model Y production expected early next year
Tesla's Shanghai Gigafactory Phase II project has passed a phase review and is expected to go into full production of the Model Y early next year, cls.cn said, citing sources with knowledge of the project.
Tesla says it has increased Model 3 capacity at its Shanghai plant to 250,000 units per year
Tesla says it has increased the capacity of the Model 3 at the Gigafactory in Shanghai to 250,000 units per year, meeting its goal.
Experts say hard to judge Nio’s prospects for developing self-driving chip
Commenting on media reports that Nio is planning to develop a self-driving computing chip, experts in the car industry said it was difficult to predict the future of the move.
Nio says it will communicate when time is right in response to report on self-driving chip
In response to media reports that it is planning to develop a self-driving computing chip, Chinese EV maker Nio (NYSE: NIO) said it will communicate with the market when the time is right and could not respond to all of the rumors.
EV makers vie for autopilot ‘crown’ as Nio reportedly plans to develop self-driving chip
Chinese media reported today said that Nio is planning to develop its own self-driving computing chip and the program, mainly driven by Nio chairman and CEO William Li Bin, is still in the early stages.
Nio plans to develop its own self-driving chip, report says
Chinese EV maker Nio (NYSE: NIO) is planning to develop its own computing chip for self-driving, Chinese tech website 36kr.com said, citing industry sources, adding that the program is still in its early stages and is being driven primarily by Nio chairman and CEO William Li Bin.
Tesla exec says ‘price of China-made Model 3 will drop to RMB 199,000’ fake news
In response to the rumors spread among Chinese Internet users that Tesla's China-made Model 3 will drop in price to RMB 199,000, Tesla China general manager Allan Wang responded in a Tesla owners' chat group on October 20 saying, "It's a complete rumor," according to Tencent Tech.
Xpeng announces 10,000th P7 off the production line
Chinese electric car company Xpeng Motors (NYSE: XPEV)s announced on October 20 that the 10,000th Xpeng P7 has rolled off the production line. This is less than 160 days since the launch of Xpeng P7 on April 17, making Xpeng P7 the fastest from product launch to 10,000 units off the production line.
Deutsche Bank maintains ‘buy’ rating on Nio as analyst sees demand outpaces supply
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) shares are up an incredible 1,070 percent since their March lows. Deutsche Bank analyst Edison Yu notes that there aren't any specific factors driving the stock higher, but he points to a couple of developments that have helped keep the momentum going.
Tesla reduces warranty period on used cars
Tesla has scaled back its used car warranty to give customers only one additional year or 10,000 miles (16,000 km) of warranty coverage.