Phate Zhang
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Tesla China sales reached record 70,847 units in Dec
Tesla China exported 245 units in December, meaning it sold 70,602 units in China.
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Volkswagen targets sales of 140,000 ID. family EVs in China in 2022
The Volkswagen ID. family of electric vehicles had a total of 70,625 deliveries in China in 2021.
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Former Nvidia engineer Steve Xie joins Nio as head of simulation
Xie previously worked at Nvidia and Cruise, a self-driving company owned by General Motors.
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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.
