Phate Zhang
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Goldman Sachs raises Nio price target on improved model competitiveness and sales
Goldman Sachs' previous price target for Nio had already been significantly below the current stock price.
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Nio's battery asset operator Mirattery closes $94.2 million Series C financing
Beyond additional investment from founding shareholders, Mirattery has brought in two state-owned enterprises as shareholders.
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Xpeng's Aridge produces its 1st flying car at its mass production facility
Aridge has produced the first flying body of its Land Aircraft Carrier modular flying car at its Guangzhou factory, marking the completion of its mass production line.
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Seres raises $1.8 billion in Hong Kong offering, trading to start Nov 5
Seres priced its Hong Kong stock offering at HK$131.50 per share, the upper end of its range.
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Geely sells record 307,133 cars in Oct as Geely Galaxy doubles
From January to October, Geely Galaxy sold 1,002,461 vehicles, surpassing its annual sales target of one million units ahead of schedule.
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BYD sells 441,706 cars in Oct, highest this year despite drop year-on-year
This marks the second consecutive month of year-on-year decline in BYD's monthly sales.
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Nio delivers record 40,397 cars in Oct, with Onvo and Firefly both hitting new highs
This marks Nio Inc's first monthly deliveries exceeding 40,000 units and its third consecutive month of record-breaking performance.
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Nio hits 300,000th ES6 SUV production milestone
The 300,000th ES6 delivery is expected to be achieved later this month.
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Nio Onvo deliveries in Oct on track for record high as it hits 110,000th unit milestone
Onvo delivered about 19,720 units in October, with exact figures expected later today.
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Li Auto sees 5th consecutive monthly delivery slump despite i6 racking up over 70,000 orders
Li Auto delivered 31,767 vehicles in October, marking a 38.25 percent year-on-year decline and the fifth consecutive month of significant year-on-year drop.
