CICC initiates coverage on Li Auto H shares with Outperform rating and HK$187 price target
Li Auto closed at HK$ 106.4 in Hong Kong on Monday, and CICC's price target implies 76 percent upside.
Solar panel maker Trina Solar says its cells have set world record for efficiency
Trina Solar said the cell has achieved an efficiency of 23.56 percent, setting a new world record for mass production efficiency of 210 large-area industrial P-type monocrystalline silicon PERCs.
Besides Nio, who are the other battery swap players in China?
As of August 14, Nio had 366 battery swap stations in China, but many of its local counterparts are also building their own battery swap stations.
Xpeng G3's OEM Haima says it has built its first hydrogen fuel cell car prototype
Haima's shares traded in Shenzhen shot up to the 10 percent daily trading limit after Chinese media reported the development Monday afternoon.
China and France to mutually recognize driving licenses of each other's residents
Under the agreement, residents of one country with a driving license can drive directly in the other country's territory or receive a license without taking a test.
What is NOP and why it is suspected of failing to recognize stationary vehicle
All L2 assisted driving functions, including Adaptive Cruise Control, cannot effectively identify stationary vehicles ahead, expert says.
Securities Times on Nio ES8 crash: Carmakers should invest more in safety
The article calls on car companies to invest less in forward-looking technology outlooks and more in safety.
Li Auto to be included in Hang Seng Indexes effective Aug 26
Li Auto will be included in the Hang Seng Composite Index and the Hang Seng Consumer Goods Manufacturing and Services Index.
Deutsche Bank raises delivery forecast for Nio over next two years, reiterates Buy rating and $60 price target
The team maintained its $60 price target based on 8x 2023E EV/sales, down from 9x previously to account for a broader re-rating of the EV-related stock.
EV batteries to usher in TWh era as CATL to raise $9 billion to expand capacity
Shares of CATL rose more than 5 percent in Shenzhen trading after falling more than 4 percent at open.