Phate Zhang
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Nio says short-selling report contains extensive inaccuracies, EV maker has initiated related procedures
Nio has taken note of the report, which is full of inaccuracies and misinterpretations of the company's disclosures, it told CnEVPost.
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Nio faces short-selling, accused of inflating revenue with accounting games
A firm called Grizzly Research claims that Nio is likely using an unconsolidated related party, Wuhan Weineng, to inflate revenue and profitability.
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Li Auto to issue up to $2 billion in additional ADSs, shares down 5% in early trading
Li Auto's move seems to be a preparation for its capital needs in the coming years. As of March 31, it had cash reserves of RMB 51.19 billion
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GAC unveils new LFP battery technology, claims energy density increase of up to 20%
The technology enables batteries to achieve fast charging rates of 2C and above, with a lifetime of more than 1.5 million kilometers, GAC said.
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Gotion plans to build production base in Germany with annual capacity of 20 GWh
Gotion's planned global production capacity will reach 300 GWh by 2025, with 100 GWh in overseas markets.
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BYD wins new land parcel of over 550,000 sqm in Shenzhen for parts project
The site will be used for the first phase of BYD's planned RMB 5 billion automotive industrial park in Shenzhen.
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Nio has provided over 9.7 million battery swaps in past four years
Nio Power today marks its fourth anniversary since it began providing service.
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BYD hits all-time high in Hong Kong, while Nio and Xpeng retreat
BYD was up 3.27 percent in Hong Kong, while Nio was down 5.74 percent and Xpeng was down 2.75 percent at press time.
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Chinese analyst team dismantles Yuan EV for their research on BYD
In an 87-page report, analysts at Haitong International documented its disassembly of a BYD Yuan EV in detail.
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Leapmotor sees 100,000th production vehicle roll off line
The milestone comes exactly three years after Leapmotor saw its production vehicle roll off the line on June 28, 2019, and just six months after its 50,000th vehicle rolled off the line.
