Nio Power Day 2023: live updates
Nio is hosting a new Nio Power Day event, the EV maker's third annual presentation on its power-up system.
Chinese EV startup Leapmotor reportedly in talks to license technology to foreign firm
Leapmotor is set to become the first Chinese car-making startup to license EV technology to an overseas company once the deal is finalized.
Pacific Securities initiates coverage on Nio, expects 160,000 EV deliveries in 2023
Pacific Securities has a buy rating on Nio's Hong Kong-traded shares, with a target price of HK$103.62, implying an upside of 26.14 percent.
BYD sees 1st production cars of Seal DM-i roll off line
BYD's Seal DM-i will hit the market in the third quarter, and the Zhengzhou base is expected to have a monthly production capacity of up to 30,000 units.
Pacific Securities initiates coverage on Xpeng, expects new models X9 and G7 to launch in H2
The team has a HK$71.86 price target on Xpeng's Hong Kong-traded shares, implying an upside of 25.63 percent.
Mercedes-Benz recalls 32,786 imported S-Class and EQS vehicles in China due to software issue
Due to a software issue, the ESP internal monitoring program in the vehicles covered by this recall may incorrectly determine a malfunction at the start of the driving cycle.
China recycles more waste power batteries in first 5 months than all of last year
China recycled 115,000 tons of used power batteries in January-May, more than the total for the whole of last year.
Nio's battery swap network completes initial coverage of Silk Road in China
The route, part of Nio's Power Journeys program, begins in Xi'an, Shaanxi province in northwest China and ends in Khorgos, Xinjiang.
Li Auto to stay away from overseas markets until 2025 despite some vehicles being privately exported
In the first two weeks of July, more than 200 Li Auto vehicles were privately exported to destinations dominated by Central Asia and the Middle East, its CEO said.
CATL rival CALB becomes Xpeng's largest battery supplier
In June, Xpeng loaded more than 4,000 vehicles with CALB battery packs, or 70 percent of its production for the month.
