Phate Zhang
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WM Motor sued for allegedly reducing available battery capacity without user consent
Some owners believe that the matter is related to WM Motor's previous multiple battery safety incidents.
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CITIC Securities says Nio, Xpeng, Li Auto severely undervalued, calls for new valuation metrics
CITIC Securities believes that Nio, Xpeng, and Li Auto are in an accelerated period of improving profitability and are expected to approach the break-even point in the coming year.
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Spy photos show Lotus doing road testing of Type 132 SUV
Late last month, Lotus began hiring for dozens of positions in China, saying "Type 132 is coming to life," signaling that its first all-electric model may not be too far away from being announced.
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Chongqing Sokon sells 3,520 NEVs in Jan, up 176% year-on-year
Chongqing Sokon, Huawei's key partner in the automotive sector, saw its NEV sales drop 42.8 percent in January compared to 6,150 units in December.
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Xpeng becomes 8th most traded stock in HK-Mainland connect on first day of inclusion
Mainland Chinese investors bought a net HK$762 million of Xpeng shares through the Hong Kong-Shenzhen Stock Connect today.
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Chongqing Sokon monthly NEV sales data update
This is Chongqing Sokon's monthly NEV sales data. The company first announced NEV sales data in June 2020.
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Sinopec invests in Nio Capital's portfolio company that produces carbon fiber materials
Sinopec has acquired a 49.9 percent stake in Feize, whose core business is the manufacture of lightweight carbon fiber composites.
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Zeekr's cumulative deliveries exceed 10,000 units
Zeekr's cumulative deliveries were 9,537 units as of the end of January.
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Volvo reportedly plans to use large die-casting process at China plants
Volvo Cars announced yesterday that it will invest $1.1 billion in upgrades to its plant in Sweden, a key one of which is the introduction of a large casting process.
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Barclays initiates coverage on Nio, Xpeng, Li Auto with Overweight ratings
Barclays gives Nio a price target of $34, Xpeng $45 and Li Auto $38.









