Phate Zhang
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Tesla apologizes for massive recall in China, explains OTA update details
Tesla said the issue does not exist in Model S/X, which have different cruise control lever positions and have a very small probability of false activation.
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Tesla recalls over 285k vehicles in China, will offer fixes via OTA
Tesla is conducting a huge recall in China, involving almost all vehicles sold in the country since 2019. This is related to just the vehicle software though, and the company will provide fixes via OTA.
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Self-driving startup Pony.ai names former JPMorgan exec as CFO
Pony.ai is considering a US IPO for its to help it achieve its goal of commercializing its driverless ride-hailing service.
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Geely's premium EV brand Zeekr to bring in external financing
Building cars is a business that needs to burn money, so auto giant Geely has decided it wants to bring in external capital for its new premium electric vehicle brand Zeekr to accelerate its growth.
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Renesas' fire-damaged plant restored to 100% capacity, expected to ease chip shortage fears
Good news for the global automotive industry hit by a global chip shortage.
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Chinese self-driving startup Pony.ai mulls US IPO
"We're still debating and considering," said Peng, when asked about the time frame for a public share sale.
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Geely drops plan to list on A-share STAR market
Geely said Friday it withdrew plans to list on China's Nasdaq-style sci-tech innovation board, also known as the STAR market, becoming the latest car company to do so after WM Motor.
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Nio Power to celebrate its third anniversary next week with over 3.4 million services provided
The third anniversary of Nio Power is three days away, when more detailed operational data from Nio on the system is expected to be available.
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Nio is most promising new brand for growth in China, says survey
"Nio, founded in 2014, is BrandGrow's Most Promising Emerging Brand for Growth in 2021 with a brand potential asset value of 736.1 billion yuan."
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Xpeng expected to start formal trading in Hong Kong on July 7
Xpeng is expected to announce on July 6 the number of placements received by investors, who can then trade on the grey market from 16:15-18:30 Beijing Time on the same day.









