Phate Zhang

Nomura analyst Martin Heung initiated coverage of Chinese EV maker Nio with a Buy rating and $80.30 price target, meaning a 37.6 percent upside potential.

Xpeng announced on Friday that it has made the public beta version of Xmart OS, version 2.5.0, available to some P7 owners on Thursday evening, opening up Navigation Guided Pilot (NGP), the star product of XPILOT 3.0 autonomous driving assistance system, to users for the first time.

Chinese EV maker Nio announced Friday that it is adjusting the free lifetime battery swap benefits for its customers, retracting part of its October decision.

Xpeng's stock could gather some upward momentum from investors driven by the positive sentiment around XPILOT 3.0 and its upcoming new sedan with LiDAR, according to Deutsche Bank analysts led by Edison Yu in a note to investors on Thursday.

The last time Nio launched a 0 down payment purchase plan was in early September 2019, when the company was facing operational pressure.

Daiwa Securities reiterated its Buy rating on Nio in a recent report with a $100 price target, implying a 73% upside from the company's Wednesday closing price of $57.71.

Despite several broken axles last year that raised safety questions about Li Auto's only model, the Li ONE is one of the safest vehicles you can buy, according to the latest results of a prestigious crash test.

The Nio EC6, a vehicle that started to be delivered only a few months ago, is gradually increasing in sales. As for how safe it is, the latest crash test gives the answer.

Xpeng has established a new affiliated company with a registered capital of RMB 50 million ($7.7 million), whose main business includes the research, development, and manufacturing of automotive parts.

Li Auto co-founder and chief engineer Ma Donghui has withdrawn as a director of the company, the latest company registration information shows.