Chinese EV tech firm U Power unveils skateboard chassis that can help automakers accelerate EV making
U Power said its UP Super Board can cut development time by at least six months, ultimately reducing the cost and time to market of EV products.
Nio Alps' 1st model to be SUV, deliveries to begin in H2, report says
Alps is targeting the family car market priced between RMB 200,000 ($28,000) and RMB 300,000, according to local media.
Nio needs to put every penny of investor and shareholder money to good use, says William Li
Nio needs to continue to improve its financial performance to support the company's sustainable growth, and has a responsibility and obligation to put every penny of investor and shareholder money to good use, Li said.
China EV insurance registrations for week ending Jan 7: Nio 3,000, Xpeng 1,400, Li Auto 4,300, Tesla 3,200
Insurance registrations for major EV makers in China fell significantly last week, as the beginning of the year and the start of the month are typically low for deliveries.
Nio puts 10 charging stations supporting vehicle-to-grid into operation in Shanghai
The facilities allow vehicles to charge during low electricity use and discharge during peak times, helping to smooth the load on the grid and provide financial rewards for vehicle owners.
Li Auto to use Nvidia's Drive Thor autonomous driving chip in next-gen EVs
Li Auto's local counterpart Nio has unveiled its first in-house developed autonomous driving chip, which will be used in the ET9 executive flagship sedan.
Morgan Stanley cuts earnings estimates across China's auto chain
Morgan Stanley cut its price targets on Nio and Xpeng, while raising its price target on Li Auto and maintaining its Overweight rating on them.
Evergrande NEV president detained on suspicion of criminal behavior
Evergrande NEV president Liu Yongzhuo has been taken into criminal detention on suspicion of violating the law, an announcement said.
Chery's Exeed brand rolls out new variant for Sterra ES, lowers starting price by $3,770
The Sterra ES hit the market less than 20 days ago, and the new variant lowers the starting price by 12 percent, underscoring the brutal competition in China's EV market.
Zeekr reaches 200,000 EV delivery milestone
Zeekr's 200,000th vehicle delivered was the Zeekr 007, which hit the market on December 27, and the milestone means it has delivered 3,367 vehicles so far this month.
