Didi said to partner with BYD to make ride-hailing EVs
Chinese ride-hailing giant Didi Chuxing is partnering with automaker BYD to produce customized electric vehicles for its transport business, Bloomberg reported citing people familiar with the matter.
CICC: Global new energy vehicles show inflection point of growth
Since the autumn, the global new energy vehicles to establish a growth inflection point, China investment bank CICC said, adding the medium- and long-term development path is clear.
New alliance formed in China to promote self-sufficiency in automotive chips
The China Automotive Chip Industry Innovation Strategic Alliance was officially established in Beijing on September 19, which is jointly supported by the Ministry of Science and Technology and the Ministry of Industry and Information Technology of China, and led by the China New Energy Vehicle Technology Innovation Center.
Chinese electric car startup ENOVATE launches its first car with 5 screens
Chinese electric car startup company ENOVATE launched its first product, the smart electric SUV ME7, in Shanghai on September 19.
SAIC-Volkswagen's new energy vehicle plant to start production in October with annual capacity of 300,000 vehicles
The new energy vehicle plant of SAIC-Volkswagen, a joint venture between Volkswagen Group and SAIC Motor, in Shanghai is scheduled to go into production in October 2020, and is currently the largest and most efficient pure electric vehicle plant in China.
Is Nio China going public as Nio redeems 8.6% stake from investors?
Nio has agreed to redeem 8.6% equity interests in Nio (Anhui) Holding Co., Ltd., the legal entity of Nio China, triggering speculation that Nio China may soon go public in China.
Analysts raise BYD's price target, optimistic about Han's sales prospects
CITIC Securities raised the target price to 139 yuan / 159 HKD (the original target price of 94.9 yuan / 103.5 HKD), continue to focus on recommendations, maintain a "buy" rating.
Li Auto to partner with NVIDIA, in-car computing hardware expected to ditch Mobileye
Li Auto will sign a strategic partnership with NVIDIA and Huizhou Desay SV Auto on September 22, 2020 at the Li Auto Beijing Delivery Center, according to autohome.com.
Bridgewater Associates, world's largest hedge fund, now owns Nio stock
Bridgewater Associates, the world's largest hedge fund run by billionaire investor Ray Dalio, is now holding shares in Chinese EV maker Nio, despite in a small amount.
Nio starts shipping EC6 from factory, first owners to get deliveries soon
Nio said today that its third mass-produced vehicle, the EC6, has started shipping out of the factory and will be delivered to owners soon.