Phate Zhang
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Tesla price cut: What does it mean for Nio, Xpeng, Li Auto?
Tesla's price cut has made the competition in China's NEV industry more intense, with competing models of the Model 3 and Model Y likely to follow, analysts say.
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Huawei-backed AITO starts offering discounts after Tesla price cut
AITO is the first NEV brand to follow Tesla's price cut, and industry insiders believe a wave of price cuts in the auto industry is about to begin.
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Nio signs deal to build new international headquarters in Shanghai's Jiading district
When completed, Nio's new international headquarters is expected to bring in 10,000 top talent, according to a statement from the local government.
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China NEV insurance registrations in 3rd week of Oct: BYD 40,723, Tesla 5,268, Nio 2,732
Xpeng at 1,183, down from 1,345 the week before. Li Auto at 2,163, higher than the previous week's 1,798.
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Nio reaches strategic partnership with hotel operator H World Group
Nio and H World Group will cooperate in the construction of charging and battery swap facilities.
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Li Auto's AI algorithm head reportedly to leave
The outgoing Wang Yilun is mainly responsible for AI algorithm development work including smart driving perception and mapping at Li Auto, according to local media.
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Nio sets up battery business subsidiary in Hefei
The company has a registered capital of RMB 2 billion ($275 million) and its business scope includes battery manufacturing and battery sales.
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Xpeng Tech Day: Flying Car, XNGP, robotaxi, and more
Xpeng unveiled a flying car design closer to production and provided updates on robotaxi as well as the XNGP.
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Tesla sees 24% of Q3 revenue come from China
The US remains Tesla's largest market, contributing 47.73 percent of revenue in the third quarter.
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China's Oct retail sales of NEVs expected to be 550,000 units, CPCA says
In terms of retail sales, the penetration rate of NEVs in China is expected to be about 28.8 percent in October, down from 31.8 percent in September.
