Phate Zhang
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Nomura initiates coverage on Li Auto with Buy rating and $43.4 price target
Nomura believes that Li Auto's solution not only reduces mileage anxiety, but also allows the company to unlock markets in regions where charging infrastructure is scarce.
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BAIC BJEV sold 2,450 units in Sept, up 9% year-on-year
BAIC BluePark has had a glorious past, but business conditions have continued to deteriorate in recent years.
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JinkoSolar says its N-type cell reaches world record conversion efficiency of 25.4%
That surpasses the 23.56 percent conversion rate previously achieved by its local counterpart Trina Solar on P-type cells.
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Xpeng says it reaches 439 supercharging stations
Xpeng now offers customers a certain amount of free charging at a total of 1,648 charging stations in 221 cities.
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Tesla's software update brings auto-parking to Model Y in China
Users will have to purchase the Enhanced Autopilot or Full Self-Driving packages to use the feature.
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Nio sold its vehicles at average price of about $68,600 in Sept, $18,000 higher than Tesla in China
Nio's average sales price in September was RMB 47,500 higher than the average price of high-end brands, and RMB 41,600 higher than BMW.
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Nio's William Li says holiday charging queues due to faster-than-expected EV adoption
"Nio has accelerated the construction of battery swap stations as well as supercharging stations this year, and our users are relatively happier," Li said.
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Evergrande Auto reportedly faces setbacks at its main facility in Tianjin, first model could be further delayed
Production line renovation at Evergrande Auto's Tianjin plant is largely at a standstill and the Hengchi 5, which was scheduled to launch early next year, is not ready to start production, local media said.
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Honda makes big push for electrification in China, unveils five EV models
Honda unveiled its EV brand e:N, its new architecture e:N Architecture, and its vehicle system e:N OS, and plans to launch a total of 10 pure electric models in China in the next five years.
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While Tesla, Nio gain, fuel luxury cars retreat across the board in China
Year-on-year sales performance in Sept: Tesla Model 3 up 68.8%, Nio ES6 up 63.9%, Nio EC6 up 21087.5%, while BMW 5 Series down 21.3%, Mercedes-Benz E-Class down 52.6%, Audi A4 down 53.4%.









