Phate Zhang
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Li Auto to report Q4 and full-year 2020 earnings on February 25
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.
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China's January NEV sales up 238.5% year-on-year, but down about 28% from December
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.
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Baidu launches autonomous driving platform in Guangzhou, to deploy over 100 Robotaxis and 1,000 pick-up stations
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.
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Nio to report Q4 and full-year 2020 financial results on March 1
Data compiled by cnEVpost showed Nio delivered 17,353 vehicles in the fourth quarter and 43,728 in 2020, up 121 percent from 2019.
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SAIC launches MARVEL R, first electric vehicle with 5G connectivity
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.
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Nio says buyback of Nio China shares has nothing to do with the latter's IPO
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.
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Xpeng P7 said to have spontaneously combusted on the street, first for the model
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.
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BlackRock, world's biggest asset manager, increases its position in Nio by 15%
Nio shares rose 156% in the fourth quarter, peaking at $57.20. The stock was traded at $56.67 as of the market close on Friday.
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Nio's William Li says the EV maker hopes to have its own piece of market, citing China's Three Kingdoms era
Referring to his goal, Nio's Li quoted the famous Three Kingdoms era in Chinese history, and his words, if translated directly, were "The world is divided into three kingdoms, and we want to be one of them."
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Tesla recalls 36,126 imported Model S and Model X vehicles in China
The recall includes 20,428 units of some imported Model S vehicles with production dates between September 18, 2013 and February 20, 2018, and 15,698 units of some imported Model X vehicles with production dates between March 12, 2016 and February 16, 2018.









