Phate Zhang
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Another Nio affiliate sees changes in corporate information
Shanghai Nio Technology Co Ltd has seen changes in shareholder and company type.
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CATL contributes 50.24% of China's Jan power battery installations
CATL's share of the ternary battery market was 57.17 percent in January, and 44.6 percent in the LFP battery market.
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China's power battery installations rise 86.9% year-on-year to 16.2 GWh in Jan
LFP batteries led ternary batteries in China for the seventh consecutive month.
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Nio's small move makes it most discussed topic in China
Nio's move to dissolve a subsidiary brought back memories of its darkest moment in 2019 for many and became the No. 1 trending topic on Weibo.
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Hozon, owner of Neta brand, reportedly launches plans for HK IPO
Neta delivered 11,009 vehicles in January, the third consecutive month over 10,000. All three of the brand's models currently start at less than 100,000 yuan ($15,700).
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Tesla Model Y second best-selling new energy SUV in China in Jan
The Model Y sold 16,358 units in China in January, second only to BYD Song's 20,722 units.
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Steve Cohen's Point72 increases position in Xpeng in Q4, liquidates Li Auto
Point72 increased its holdings in Xpeng by 695 percent in the fourth quarter, but sold all of its shares in Li Auto. It does not hold shares of Nio.
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Li Auto to report Q4 earnings on Feb 25
Li Auto delivered 35,221 vehicles in the fourth quarter of last year, above the previous guidance range of 30,000-32,000 vehicles.
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Chinese EV startup founded by former Volkswagen exec reportedly secures RMB 10 billion investment
Binli, founded by former Volkswagen China executive vice president Weiming Soh, recently received a strategic investment from Wuhan-based Changjiang Capital, according to local media.
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Nio cancels subsidiary with registered capital of RMB 7 billion
Nio said the subsidiary had not been actually in operation and that the move had no impact on the company's business.
