Phate Zhang

JAC's major customer Nio's shipments in the second half of 2023 are expected to grow by about 100 percent from the first half, which will be a key growth driver for JAC in the second half of the year, Kuo said.

Two people have died, cars have been swept away by floodwaters and streets have become rivers.

Toyota lists multiple moves, including renaming its R&D base in China, consolidating R&D resources at three joint ventures, and betting on autonomous driving technology.

The HiPhi Y is HiPhi's key effort to enter the mainstream premium EV market, targeting the segment where the Nio ES6 is present.

Nio added 95 battery swap stations in July, bringing the facility's total to 1,638 in China.

While many are excited, a new factor that could affect deliveries in recent days needs attention.

Nio today added 12 battery swap stations and 10 supercharging stations in China, bringing the total to 1,609 and 1,551, respectively.

Nio has the most battery swap stations, supercharging stations, and destination charging stations in Shanghai, where it has its global headquarters.

BYD has told its Indian joint venture partner that it will shelve plans to invest $1 billion in building electric vehicles after its investment proposal faced scrutiny from New Delhi, Reuters reported.

Morgan Stanley raised its price target on Nio to $18.7, on Xpeng to $25.4, and on Li Auto to $53, all keeping their ratings at Overweight.