EV Industry

Evergrande Auto plans to conduct a share placement at HK$2.86 per share, a discount of 19.89 percent to Tuesday's closing price.

Uxin is offering two Nio ES8s and one imported version of the Tesla Model 3 in its official app.

The extra quota for new small cars in Guangzhou will increase from 30,000 to 80,000, and Shenzhen will remove the requirement that consumers who buy NEVs pay social security locally.

The Hengchi 5 has appeared in the regulator's latest catalog, signaling that the model may soon be available to consumers.

Wholesale sales of passenger NEVs in China from January to October were 2,381,000 units, up 204.3 percent year-on-year.

BYD sold more units in October than all 10 of China's leading new carmakers combined, but its profit performance was less than stellar.

This article explains why Mercedes-Benz, BMW, and Audi have suffered a spectacular defeat in China's EV market.

Xi'an aims to become a top-tier NEV base in China by 2025.

JPMorgan is bullish on the prospects for China's NEV industry, which coincides with the optimism of Chinese investors, one executive said.

As Nio's William Li puts it, once users embrace electric vehicles, they will become widespread very quickly.