Phate Zhang

From January 1, 2023, Shanghai will no longer issue free special license plates to individual users as well as corporate users who purchase plug-in hybrid (including extended-range) vehicles.

Yu said they currently assume no contribution from US sales in their 2025 earnings forecast and reaffirmed his $70 price target on Nio.

The Hengchi 7 is an all-electric B-class luxury sedan, Hengchi 8 is an all-electric C-class luxury coupe, and Hengchi 9 is an all-electric B-class luxury midsize SUV.

Li Auto today announced that it will release its fourth quarter and full-year 2020 financial results on February 25, 2021, before the US stock market opens.

From the comparison with December, the faster rate of production decline reflects the lack of automotive chip supply affects the pace of production of enterprises, the CAAM said.

Chinese search engine giant Baidu  (NASDAQ:BIDU) today announced the launch of a multi-modal autonomous driving MaaS (mobility as a service) platform in Guangzhou that will leverage a fleet including Apollo Robotaxis and Robobuses to provide AI-powered urban mobility services.

Data compiled by cnEVpost showed Nio delivered 17,353 vehicles in the fourth quarter and 43,728 in 2020, up 121 percent from 2019.

The "R" brand, a high-end electric vehicle marque of SAIC, unveiled its 5G intelligent pure electric SUV MARVEL R on February 7, which is the world's first electric vehicle with 5G connectivity.

Chinese electric carmaker Nio recently bought back and increased its stake in Nio China at a total cost of RMB 15.5 billion ($2.4 billion), which was seen by some as a move to prepare for Nio China's IPO. However, Nio has denied this.

A video showing an Xpeng P7 in a spontaneous combustion accident on the street went viral among Chinese Internet users on February 7. If true, this would be the first spontaneous combustion accident for the Xpeng P7 since its launch.