Phate Zhang
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BYD closes private placement of additional shares in Hong Kong, securing $1.77 billion in funding
BYD's shares traded in Hong Kong rose 3.36 percent to HK$314.2 as of press time, and it is up about 26 percent in the past month.
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Nio Q3 earnings: What to expect
Deutsche Bank Edison Yu's team expects Nio to report revenue of RMB 9.33 billion in the third quarter, representing a 106.1 percent year-on-year increase.
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CATL signs strategic partnership deal with Neta, to participate in latter's Series D2 financing
This is the latest move by CATL to take a stake in an EV maker.
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Tesla China sees wholesale sales of 54,391 units in Oct, up 348% year-on-year
Tesla China exported 40,666 units and sold 13,725 units in China in October.
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China's wholesale sales of passenger NEVs in Oct were 368,000 units, CPCA data show
Wholesale sales of passenger NEVs in China from January to October were 2,381,000 units, up 204.3 percent year-on-year.
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Xpeng applies for Metaverse trademarks after Li Auto
Nio has not yet filed a trademark related to Metaverse, though its venture capital arm invested in an AR company in late September.
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Avatr, previously known as Changan Nio, to unveil its first model on Nov 15
The E11 model is positioned as a mid-size SUV, and its design prototype rolled off the production line earlier this year.
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Nio adds another new charging line under Power Up Plan
So far, Nio has opened at least 11 charging lines under the Power Up Plan this year.
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Further Reading: BYD, one to rule them all?
BYD sold more units in October than all 10 of China's leading new carmakers combined, but its profit performance was less than stellar.
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Baidu exec says self-driving safer than human driving, but not 100% accident-free
He argued that self-driving has been questioned as an inevitable stage in the development of a new technology, but by its very nature has better safety.
