EV Industry

The investment in Uxin will further improve Nio's position in the car trading scenario, and together with Nio Capital, it will bridge the company's possibilities for cooperation with Nio, bringing more imagination to Uxin's development.

The overall project is expected to be completed in 2024 and will be used for the production of models including sedans and coupes.

By the end of 2020, China had built 118 hydrogen refueling stations in total, with 167 under construction or planned, according to a recently released report.

In terms of auto production, the improvement in chip supply should be evident in August, the CPCA said, adding that the chip problem should be largely resolved by September as more capacity is released.

The rapid growth of the new energy vehicle industry has put China on the edge of a new technological revolution. What does this mean for investors? What trends are coming?

Chip shortage is a key factor limiting the capacity of global car companies, but the situation is not far from improving.

Teld was priced at RMB 14.6 yuan per share, valuing the company at approximately RMB 13.6 billion after the investment.

In an effort to boost local car consumption southern China's Guangdong province has launched a new incentive.

Automated parking, an important feature of smart cars, is important to every electric vehicle (EV) company. The EV company owned by China's largest real estate developer Evergrande Group has become the latest car company to release such a system.

Sales of electric vehicles (EV) are rising as public acceptance continues to grow. Yet for US producers, they appear to be slow to act.