Phate Zhang
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Nio to register about 60% of its Class A ordinary shares in Hong Kong
Nio's 820 million Class A ordinary shares, or about 58.89 percent of the total number of outstanding Class A ordinary shares, will be registered in Hong Kong by 9 am Thursday.
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Mercedes-Benz EQC recall plan in China fails to quell customer discontent
Mercedes-Benz had planned to recall a total of 10,104 EQC vehicles from August 15, but many owners have asked the company to advance that process with new demands.
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Some are selling Nio ET7 pre-orders for double or even triple the amount they initially paid
Dozens of people on China's most well-known second-hand trading platform are hoping to make a buck by transferring their pre-orders for the Nio ET7 that will allow for very early delivery.
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China's wholesale sales of passenger NEVs at 317,000 units in Feb, up 189% year-on-year
The penetration rate of NEVs in wholesale sales in February was 21.8 percent, up 12.2 percentage points from 9.6 percent in February 2021.
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Tesla sells 56,515 China-made vehicles in Feb, up 208.5% year-on-year
This includes 33,315 vehicles exported and 23,200 vehicles delivered by Tesla in China in February.
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BAIC sells 1,263 NEVs in Feb, up 25% year-on-year
BJEV produced 653 units in February, up 83.6 percent from 323 units in the same month last year. In the first two months, the company produced 1,684 units.
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Property developer Country Garden invests in solid-state battery startup Talent
Country Garden's venture capital arm has invested in Chongqing Talent, which is building a 200 MWh automated production line for solid-state lithium batteries in Chongqing.
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GM to build new import-focused business in China
GM aims to reach 1 million electric vehicles production capacity in China by 2025 and introduce more than 20 electric vehicles into the country.
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Jidu CEO says swap stations will dominate EV power-up system
In Jidu's CEO's opinion, battery swap stations will overtake superchargers and home chargers as the primary means of replenishing energy when EVs become mainstream.
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Nio's OEM JAC sells 10,251 EVs in Feb, up 57% year-on-year
This was up 57.2 percent from 6,522 in the same month last year, but down 34 percent from 15,536 in January.









