Industry News

Nio-backed used car trading platform Uxin to be included in MSCI index

Uxin will be included in the MSCI Global Small Cap Index - China Index, effective after the US stock market closes on November 30. ...

Jidu's first model to feature Qualcomm Snapdragon 8295 chip based on 5nm process

The Snapdragon 8295 chip has 30 Tops of NPU computing power for AI learning, which is twice that of Apple's A15 and 8 times that of the 8155 chip. ...

Faraday Future says it's confident of filing compliance plan with Nasdaq in near future

Faraday Future said there is no real risk of a stock delisting as long as it resumes regular on-time SEC filings in a timely manner. ...

Faraday Future says it's 'definitely' on track to report earnings 'on time'

Faraday Future shares have fallen more than 30 percent since it announced on November 16 that it would delay its earnings report. ...

Arcfox α-S with 'Huawei Inside' reportedly to start small-scale deliveries by end of next month

This appears to be a month's delay from the previous plan. The model is the first production vehicle to be equipped with Huawei's smart car solutions. ...

China to launch revision of 'dual-credit' policy that has fueled rapid growth of NEV industry

Nio has already sold most of its regulatory credits in the third quarter, earlier than last year. ...

Faraday Future shares plunge pre-market after receiving Nasdaq notice on non-compliance with listing rule

Faraday Future fell more than 12 percent premarket. The stock is down about 26 percent from November 16 to 24. ...

Volkswagen offers Nio-like 'battery rental' program for ID.3 buyers in China

The ID.3 does not support easy battery replacement like Nio's vehicles. ...

Great Wall Motor opens European headquarters in Germany

Great Wall Motor plans to open experience centers in Munich and Berlin in 2022, and its WEY Coffee 01 and ORA Cat models will soon be available for pre-order. ...

OPPO reportedly plans to launch EVs in India by early 2024

OPPO's plans to launch EVs in India are real and the company has already started the planning process for this, according to Indian media. ...
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