Phate Zhang
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Nio extends losses to 12% in Hong Kong amid concerns over GIC lawsuit
As of press time, Nio had fallen 12.21 percent to HK$47.54 per share, poised for its biggest single-day drop since April 7.
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Xpeng exports over 5,000 EVs in Sept
In January-September, Xpeng's exports reached 29,723 units, marking a 125.2 percent year-on-year increase.
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Singapore sovereign wealth fund GIC sues Nio over losses from 3 years ago
The catalyst for GIC's lawsuit against Nio was a short-selling report released in June 2022, which has since been refuted.
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BYD cars now generate over 100 million km of assisted driving data daily
As of the end of September, cumulative sales of BYD models equipped with assisted driving systems exceeded 1.7 million units.
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Nio's LiDAR supplier Seyond gets regulator nod for Hong Kong listing
Seyond plans to go public in Hong Kong through a merger with TechStar, and plans to issue no more than 190,240,000 ordinary shares.
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Nio sub-brand Onvo reaches 100,000th car production milestone
The delivery of Onvo's 100,000th vehicle is expected to be completed this weekend, bringing the brand's deliveries this month to 9,721 units.
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Automakers' share of China NEV market in Sept: BYD leads with 26.7%, Tesla 5th with 5.5%
BYD saw a slight decline in market share in September, while Tesla experienced a small increase.
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Li Auto Sept deliveries breakdown: EREVs continue steep decline, Mega hits record high
Li Auto's L-series EREVs all saw monthly deliveries drop by over 50 percent year-on-year.
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BYD mulls third European car plant in Spain, report says
BYD favors Spain for its relatively low manufacturing costs and clean energy network, Reuters reported.
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Li Auto opens its first overseas retail center in Uzbekistan
All new models planned for launch by Li Auto in 2026 will be compliant with overseas market regulations.
