Phate Zhang
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China, US expected to reach consensus on audit regulatory cooperation soon, report says
The dialogue and consultation between Chinese and US regulators on regulatory cooperation on auditing are progressing well, and both sides have demonstrated their sincerity in being willing to solve problems, local media said.
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China sells 334,000 NEVs in Feb, up 184% year-on-year, CAAM data show
February sales of pure electric passenger cars were 246,000 units, up 154.5 percent year-on-year, while sales of plug-in hybrids were 75,000 units, up 338.6 percent year-on-year.
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Li Auto establishes venture capital subsidiary after Nio
Li Auto's subsidiary engaged in venture capital was established on March 4 with a registered capital of RMB 600 million.
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BYD's $2.37 billion Hefei plant expected to see first vehicle roll off line in June
Construction of the project began on August 28 last year, and the main plant has largely been topped out, with some plants already starting to install equipment.
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Why does delisting risk matter even if Nio, Xpeng and Li Auto have dual listings?
Deutsche Bank analyst Edison Yu's team offers the best explanation we've seen.
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US-listed Chinese firms plunge as delisting fears come back into play, CSRC responds
The CSRC said it respects regulation by foreign regulators, but firmly opposes the approach of some forces to politicize securities regulation.
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Xpeng starts reservations for P5 sedan in four European countries, opens first store in Netherlands
Consumers in Denmark, the Netherlands, Norway and Sweden can now begin pre-ordering the P5 sedan, with customers in the Netherlands being able to test drive the model starting in April.
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BYD Chairman Wang Chuanfu spotted visiting Nio House, meeting with William Li
BYD Chairman Wang Chuanfu was seen visiting an Nio House campus and walking with William Li, sparking new rumors of a possible partnership between the two.
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BYD reportedly to launch Destroyer 05, first sedan in its Ocean series, on March 17
The BYD Destroyer 05 could be priced between RMB 120,000 ($19,000) - 150,000, according to local media.
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Tesla Model Y outsells rival models of Benz, BMW and Audi in Feb to become top-selling premium SUV in China
The Model Y trailed the Mercedes-Benz GLC, BMW X3 and Audi Q5 in China in January, but sold about twice as many units as each of them in February.
