Phate Zhang
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BMW plans to install 360,000 charging piles in China by year-end
For reference, Tesla currently has more than 6,300 Superchargers in China and more than 25,000 Superchargers worldwide.
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Nio supplier CATL plans to build new power battery plant in Shanghai, Reuters reports
CATL is a supplier to Nio, Xpeng Motors, and Li Auto, and has a 100 kWh battery pack line built in partnership with Nio.
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CICC sees Nio ET7 as still top of the line in terms of specs when it is delivered next year
"We believe that with the hardware specifications and the company's full-stack R&D capabilities, Nio is on track to reach industry leadership in autonomous driving," CICC said.
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Qualcomm-backed self-driving startup ZongmuTech closes new $190 million funding round, considers A-share listing
This is one of the first investments made by a Xiaomi-backed fund in the smart vehicle industry chain since the smartphone giant officially announced its entry into the car-making field on March 30.
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Analysts explain why Nio, Xpeng, Li Auto stocks fell early in the year and why they may have reached inflection point
Nio, which rose more than 10 times in 2020, has seen its biggest pullback this year at 54%, Xpeng at 62%, and Li Auto at 58%.
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An interesting change: Li Auto's May deliveries surpassed by Neta
Li Auto's third position was overtaken by Neta Automobile, backed by Qihoo 360, China's largest cybersecurity company, which delivered 4,508 units in May.
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Tesla recalls 734 imported Model 3 vehicles in China
Tesla is officially recalling some imported Model 3 vehicles produced in 2019 in China because of assembly issues.
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CATL, Great Wall Motor sign 10-year strategic co-op agreement
CATL and Great Wall Motor will leverage their strengths to create a highly synergistic competitive advantage and drive technological advancement in new energy vehicles.
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Xpeng says second-quarter deliveries could beat guidance
Xpeng would need to deliver 4,667-5,167 vehicles in June to meet its previous guidance, which doesn't seem difficult for the company given that it delivered 10,833 vehicles cumulatively in April and May.
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Li Auto delivered 4,323 vehicles in May, up 101.3% from a year ago
Li Auto said it is confident that Q2 deliveries will exceed the upper end of its guidance.
