Phate Zhang
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All employees hold Nio shares as of year-end 2022, ESG report shows
Nio had 26,763 full-time employees at the end of 2022, including 26,366 in China and 397 overseas.
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Li Auto terminates $2 billion at-the-market equity offering after raising over $500 million
Li Auto announced last June 28 that it would sell up to a total of $2 billion in ADSs on Nasdaq in an ATM stock offering program.
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Li Auto reaches 500,000th delivery milestone
As of today, Li Auto's cumulative deliveries so far this month stand at 34,501 units.
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Tesla Shanghai plant produces Model Y with integrated die casting that significantly reduces costs
Model Y production at Giga Shanghai is using one-piece die casting for the rear structure, allowing the component to cost up to 40 percent less.
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New report reveals why Nio periodically gets into tricky situations and how it defuses them
Local media outlet 36kr has published an excellent story today that sheds light on why Nio is periodically in trouble and how it defuses its challenges.
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Xpeng starts shipping 750 vehicles to Israel, local launch expected in Oct
The vehicles -- the Xpeng G9 and P7 -- will officially enter the Israeli market in October through one of the country's largest dealerships, Freesbe.
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China EV insurance registrations for week ending Sept 24: Nio 4,000, Li Auto 9,000, Tesla 13,500
Between September 1 and September 24, Nio was at 13,900 units, Xpeng at 10,400 units, Li Auto at 29,200 units, Tesla at 35,900 units and BYD at 176,200 units.
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Nio says report of $3 billion fundraising plan false
Nio released a statement formally responding to the report, saying it has no reportable capital-raising activity at this time other than the convertible note offering that closed today.
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Nio mulling raising $3 billion from investors, report says
Nio is considering raising about $3 billion from investors and has approached investors from the Middle East, according to Bloomberg.
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Nio closes $1 billion convertible notes offering
Shortly after the notes were priced, Nio purchased about $256 million aggregate principal amount of convertible senior notes due 2026 and about $244 million of convertible senior notes due 2027.
