Phate Zhang
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ARK's Cathie Wood buys more Xpeng shares
ARK Invest sold 93,160 shares of Tesla on Thursday and bought more shares of Xpeng as well as another Chinese company, Niu Technologies.
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17 firms, including Li Auto, added to SEC list for possible delisting
The 17 companies are the fifth to be added to the list, and they have until May 12 to provide evidence to the SEC that they are not eligible for delisting.
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CATL's net profit grows 185% to about $2.47 billion in 2021
Sales of power battery systems are the company's main source of revenue, contributing RMB 91.49 billion last year, up 132.06 percent year-on-year.
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CSRC official says uncertainty over audit issues for Chinese firms will soon be removed
China will allow the PCAOB to conduct its review legally and reasonably, and this uncertainty is believed to be removed soon, said Fang Xinghai, vice chairman of the CSRC.
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Chinese state media Xinhua highlights Nio's production resumption
Nio is actively integrating its upstream supply chain and production is gradually resuming at JAC-Nio's Hefei advanced manufacturing base, Xinhua's report said.
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BYD to equip some 2023 models with self-driving chips from local startup Horizon Robotics
BYD models equipped with Horizon Robotics' latest Journey 5 chip will be available as early as mid-2023.
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Xpeng announces reservation prices for P5 in European markets
Xpeng has opened a direct experience store in Denmark, its third in Europe after Stockholm, Sweden and The Hague, Netherlands.
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GAC Aion builds first swap station, officially becoming another new player in this field
GAC Aion says its battery swap station can replace vehicle batteries in as little as 2.5 minutes.
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CATL's Shanghai plant has resumed production
CATL, a battery supplier to Tesla, has a battery module assembly plant located a few blocks from Giga Shanghai.
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CATL acquires lithium exploration rights in east China's Jiangxi province
A subsidiary of CATL has acquired the exploration rights to the lithium mine, which is expected to hold 2.66 million tons of lithium metal oxide, for RMB 865 million.
