Nio donates about $2.3 million to flood-hit Henan
Nio announced Wednesday that it has donated 15 million yuan ($2.3 million) to Henan Province to support local relief efforts.
Li Auto donates about $1.54 million to flood-ravaged Henan Province
Li Auto donated 10 million yuan ($1.54 million) to Henan Province through the China Charity Federation, the company said on July 21.
SAIC plans to invest about $310 million in fuel cell heavy truck sector
SAIC Motor, China's largest local automaker, announced on July 20 that it has signed an agreement with Inner Mongolia's Ordos municipal government to invest 2 billion yuan ($308 million) to build a fuel cell heavy truck chain there between 2021 and 2025.
Nio's supplier says LiDAR key for carmakers to overtake Tesla
In the field of LiDAR, Tesla does not have the advantage gained by early layout. This technology is providing another dimension in the competition.
Xpeng's new SUV camouflage photos revealed, may be model to be released next year
Xpeng Motors will form a combination of G3i, P5 and P7 this year, but as a brand that targets the mid- to high-end market, it will naturally not be satisfied with the layout of just one compact SUV.
Tesla's June new vehicle registrations in China up 29% from May
Model 3 registrations rose more than 80 percent from May to 16,995. Model Y registrations were 11,513, down 10 percent from May.
Nio ET7 in Luminous Orange makes its first real-life appearance
From the information available now, the Nio ET7 is available in seven colors - Luminous Orange, Sunrise Beige, Arctic Green, Cloud White, Deep Black, Star Gray, Southern Star.
Smartphone maker Meizu applies for driving status detection patent
Chinese smartphone maker Meizu recently disclosed a patent related to driver driving status detection with an application date of April 2021.
China's most popular navigation app offers new feature to improve experience for NEV owners
These features include finding and navigating to charging stations, charging route planning, long-distance service area charging alerts, and scanning QR codes for charging.
Deutsche Bank raises Xpeng price target to $50, citing EV sentiment re-rate potential
In a research note sent to investors on Monday, Deutsche Bank's Edison Yu's team raised its price target on Xpeng by $7 to $50, saying it is based on 7.5x 2022E sales, after previously valuing Xpeng at 7.0x 2022E sales.