Phate Zhang

Nio expects to deliver approximately 19,500 vehicles in the first quarter of 2021, down from the previously released outlook of 20,000 to 20,500 vehicles.

US-based electric car company Faraday Future (FF) announced Friday that it has raised nearly $100 million in debt financing led by Ares with participation from existing lenders including Birch Lake.

Earlier today, it was reported that Xiaomi was in talks with Great Wall Motor to use its factory to build electric cars. In response, a Xiaomi executive dismissed it as fake news.

The report said Xiaomi's electric car would target the mass market, in line with the company's overall positioning for electronics.

Tesla's US website supports the use of Bitcoin for payment. However this option is only visible to computer users with a US IP, if your IP is from another region, you will not see this option.

That means an average of one Nio vehicle leaves the battery swap station with a fully charged battery every 10 seconds, the company said.

For investors in Chinese electric vehicle (EV) maker Li Auto (NASDAQ: LI), Tuesday's pre-market performance was all too alarming.

In the long term, Xpeng management expects the price of XPILOT to increase in the future, beyond the current RMB 20,000 yuan.

While Tesla executives have denied there were plans to launch a $25,000 'Model 2,' analysts are envisioning the product's arrival.

Nio has contacted Credit Suisse and Morgan Stanley to offer 5 percent of its total share capital in Hong Kong, the report said, citing sources who added that Nio could also go public in China's A-share market.