Phate Zhang
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Hillhouse Capital takes part in BYD's latest private placement after liquidating its positions in Nio, Xpeng and Li Auto
Hillhouse has just liquidated its position in shares of Chinese new car makers Nio, Xpeng, and Li Auto.
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Tesla allows owners in China to try EAP features for free for limited time
Tesla opened the EAP option in China on February 5 at a price of RMB 32,000 ($4,943), half the price of FSD in China.
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Oil giant Sinopec chairman visits Nio's battery swap station
Sinopec has more than 30,000 gas stations, ranking second in the world. It is ranked No. 2 on the 2019 Fortune 500 list of the world's largest companies.
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Tesla refutes reports of $25,000 Model 2 as fake news
Reports that Tesla is developing a $25,000 vehicle are circulating widely among Chinese Internet users today. In response, Tesla has dismissed them as fake news.
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This is who bought and sold Nio stock in Q4
What we didn't notice before is that Swiss National Bank, Switzerland's central bank, is also an investor in Nio.
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Xpeng to report Q4 and full-year 2020 financial results on March 8
Data compiled by cnEVpost showed Xpeng delivered 12,964 vehicles in the fourth quarter and 27,041 in 2020.
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Smartisan founder Luo Yonghao voices his support for Li Auto again
Chinese smartphone maker Smartisan founder Luo Yonghao gave away 10 iPhone 12s in a Weibo lottery on February 10 in support of Chinese electric car company Li Auto.
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Will Apple Car be a threat to Nio, Xpeng and Li Auto?
In the opinion of one analyst who follows the industry closely, the answer is no.
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Shanghai will no longer issue free license plates for plug-in hybrid vehicles starting in 2023
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.
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Analyst says Nio would still be years away from entering US market
Yu said they currently assume no contribution from US sales in their 2025 earnings forecast and reaffirmed his $70 price target on Nio.
