Renaissance keeps Nio position stable in Q1, nearly liquidates position in Xpeng
Renaissance reduced its position in Nio by 0.16 percent, Xpeng by 98.88 percent and Li Auto by 20.44 percent during the first quarter.
Shanghai official hints at support for Tesla's FSD rollout in China
Shanghai will further deepen its cooperation with Tesla to promote the EV maker's businesses including self-driving and robotics in the city, a local official said.
Baillie Gifford trims holdings in Nio, Tesla slightly in Q1
Baillie Gifford trimmed its holdings in Nio and Tesla by 0.77 percent and 2.83 percent, respectively, in the first quarter, but the value of its holdings in them rose.
Tesla recalls over 1.1 million vehicles in China for issues including regenerative braking strategy
The recall involves the vehicles' regenerative braking strategy, which Tesla plans to update via OTA to reduce the risk of crashes due to prolonged deep pressing of the accelerator pedal.
Lithium price rally picking up steam in China
Battery grade lithium carbonate rose 7.61 percent in China today, and industrial grade lithium carbonate rose 13.25 percent, both the largest single-day gains of this year.
Chinese consumers' intent to buy NEVs rises for 6th consecutive year, JD Power study shows
Chinese consumers' intent to buy NEVs continues to rise, further squeezing the share of the fuel vehicle market, according to JD Power.
Nio to report Q1 earnings on Jun 9
Nio delivered 31,041 vehicles in the first quarter, slightly above the lower end of its guidance range of 31,000 to 33,000 vehicles.
Nio asks its community for advice on pricing of new ES6
One possibility is that Nio may price the new ES6 at under RMB 368,000 and attribute the decision to the calls of its community.
SAIC-GM-Wuling takes page from Nio's book to make its Mini EV even more affordable
SAIC-GM-Wuling is allowing consumers to pay only for the vehicle body and rent the battery when they buy the Mini EV, lowering the purchase threshold to RMB 19,800 ($2,860).
Full text: Li Auto Q1 earnings call transcript
Li Auto aims to reach 30,000 units delivered in a single month in June, the company's management said.