Phate Zhang

Citi lowered its price target on Nio to $41.1 from $87 and raised its price targets on BYD, Xpeng, and Li Auto, continuing to name Nio and BYD as top picks.

The Li L9 is comparable in size to the Mercedes-Benz GLS and BMW X7, but with a price tag of about $68,650 it is less than half the price of the flagship SUVs from the two German luxury automakers.

While Xpeng CEO is excited about the upcoming start of laying out more powerful supercharging piles, WM Motor's helmsman is pouring cold water on it.

The e:NP1 is the first EV model from GAC Honda's new electric brand, e:NP, and offers two CLTC range options, 420 km and 510 km.

Sunwoda EVB is seeking a new round of financing estimated at more than RMB 3 billion ($448 million), valuing it at RMB 20 billion, according to local media.

The latest 1200V 1040A SiC power module is BYD Semiconductor's highest power SiC module and will be used in higher power NEV platforms in the future.

Xpeng's cumulative deliveries surpassed 200,000 units this week, joining Nio as the next Chinese carmaker to reach the milestone.

Nio owners who refer a friend for a test drive this summer will have the opportunity to paint the walls of the company's battery swap stations.

According to Chinese policy, NEVs sold to corporate customers need to reach 20,000 kilometers of driving range within 2 years or they will not receive the purchase subsidy.

Alibaba-backed DeepRoute will provide self-driving medium-duty trucks to Deppon and they will provide the courier company with a year-long regular freight transit service.