Analyst says global power battery supply could run out by 2025
The global electric vehicle industry faces an imminent threat that its battery supply could run out as early as 2025, according to a research note by Bank of America (BofA).
FF to begin trading on Nasdaq on July 22 as PSAC approves merger deal
The business combination of the two is expected to close around July 21, 2021, and FF expects to receive about $1 billion in funding, according to the announcement.
Nissan Zhengzhou production base temporarily shut down due to heavy rainfall and flooding
Nissan's production base in the capital city of Zhengzhou is in a state of temporary suspension due to heavy rains, yicai.com said Wednesday, citing a source from Nissan China.
China's auto and parts imports up 56.5% year-over-year to $48.3 billion in H1
In the first half of the year, China's exports of automobiles and parts amounted to $50.78 billion, up 66.2 percent year-over-year.
Tesla to open Supercharger network to other EVs within the year, Musk says
Tesla will open its Supercharger network to other electric cars within the year, the company's CEO Elon Musk said on Twitter on Wednesday.
BYD's 100,000th Han model rolls off line
BYD launched the Han model on July 12, 2020, which includes the Han EV and the Han DM, a hybrid model.
Xpeng bucks trend in Hong Kong by nearly 3%, stock to be included in Hang Seng Index on Wednesday
In the past three trading days, Xpeng has gained nearly 9 percent in Hong Kong.
Evergrande Auto falls over 10% as concerns mount over its parent company's financial situation
The company's stock has fallen about 80 percent since the Shanghai auto show on April 19.
Self-driving firm WeRide speeds up presence in freight sector with new acquisition
Chinese self-driving mobility company WeRide has acquired self-driving freight startup MoonX for an undisclosed amount, according to an announcement from WeRide on Tuesday.
Nio's HK listing allegedly delayed due to user trust holdings, what is that?
User trust shareholding is a promise made by William Li, the founder, chairman, and CEO of Nio, to grow with users and make Nio a truly user-centric company.