Phate Zhang
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Geely aims to sell average of 10k vehicles per day by 2025
Geely aims to sell 3 million Geely Auto units and 650,000 Zeekr units by 2025.
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Tesla allows Chinese consumers to buy cars with zero down payment
The move is expected to further boost Tesla's already high sales in China.
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Neta delivered 8,107 units in Oct, up 294% year-on-year
Neta's total deliveries for the year reached 49,534 units, up 398 percent from a year ago.
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Xpeng delivered 10,138 vehicles in Oct, exceeding 10k for 2nd consecutive month
Xpeng P7 delivered 6,044 units in October, the fourth consecutive month of over 6,000 units. A total of 437 units of the P5 sedan were delivered in October.
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BYD aims to raise $1.77 billion by issuing 50 million additional shares in Hong Kong
BYD's offering price offers a discount of about 7 percent to Friday's closing price.
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Nio adds 22 swap stations, bringing total to 598
In October, Nio added 81 battery swap stations, 77 supercharging stations and 31 destination charging stations.
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Great Wall Motor's Ora Good Cat officially launched in Thailand, priced from about $29,700
The Ora Good Cat is available in three versions in Thailand, with a choice of 400km or 500km NEDC range.
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GAC Aion plans to invest $52.5 million in trial production line for batteries
In April, GAC unveiled the battery technology it claims will allow electric vehicles to have a range of 1,000 kilometers.
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Nio surpasses 1,000 charging stations
As of October 30, Nio had 438 supercharging stations, 564 destination charging stations and 576 battery swap stations.
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Nio taps China funding channels as its subsidiary issues $161 million in ABS
Nio's finance and leasing subsidiary marked the EV maker's debut in the Chinese capital market with a successful RMB 1.03 billion ABS issuance on the Shanghai Stock Exchange.
