Phate Zhang
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Most Xpeng models see price increases to reflect drop in state subsidies
Xpeng's models priced below RMB 300,000 are being offered with reduced subsidies.
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Nio enters into strategic partnership with steel producer Baosteel
Nio and Chinese steel producer Baoshan Iron & Steel (Baosteel) have entered into a strategic partnership to work together in areas including products and supply chain.
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HSBC raises Nio price target to $54 from $53, maintains 'Buy' rating
HSBC's price target increase is not due to a change in their expectations for Nio's sales or valuation, but rather due to changes in exchange rates.
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Zeekr reportedly aims to deliver 70,000 units this year, plans Europe entry in early 2023
Zeekr plans to bring the Zeekr 001 to the EU market early next year, with the brand's total exports expected to reach 100,000 units by 2025.
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UBS upgrades rating on BYD to 'Buy' from 'Sell', raises price target by 122%
BYD allayed UBS's concerns about increased competition and declining market share with 90,000 NEV sales per month in the fourth quarter.
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LG Energy Solution says confident it can take over CATL's No. 1 position in EV battery market
LG Energy Solution could overtake CATL in the global EV battery market, given a significantly higher order backlog and other factors, the company's CEO said.
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Nio's largest power supply site in Shanghai goes into operation
Nio today put into operation a new replenishment site in Shanghai, which includes a battery swap station and 20 supercharging piles.
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Xpeng leads latest round of funding in LiDAR maker Zvision
This is the first time we have seen Xpeng invest in a LiDAR maker. The LiDAR supplier for the Xpeng P5 is Livox and for the G9 is RoboSense.
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Beijing's roads open to autonomous driving testing reach 1,000 km
The combined testing mileage of self-driving vehicles in Beijing has exceeded 3 million kilometers.
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CATL opens research center in Shanghai to focus on forward-looking new energy technologies
CATL's move is expected to give it easier access to top talent and closer proximity to two key customers, Tesla and Nio.









