CITIC Securities says high growth of Nio, Xpeng and Li Auto justifies valuations

CITIC Securities is bullish on ET5 becoming a top seller and Nio's potential to expand in overseas markets. ...

Neta sees 100,000th production vehicle roll off line

Neta's total deliveries of all models stood at 95,977 units as of December 31. ...

Nio signs deal with highway service area operator in Zhejiang to jointly build swap stations

The two aim to build Nio battery swap stations in at least 15 pairs, or 30 service areas, by June 2022. ...

BAIC sold 4,198 NEVs in Dec, up 305% year-on-year

For the full year of 2021, BJEV sold 26,127 units, up 0.82 percent from 25,914 units in 2020. ...

WeRide puts self-driving buses without steering wheel or brake pedal into operation

These all-electric Robobuses have no steering wheel, accelerator pedal or brake pedal and operate seven days a week. ...

Cadillac Lyriq enters draft approval list in China, paving way for mid-year deliveries

SAIC said on December 8 that nearly 5,000 orders have been placed for the Lyriq after it opened for pre-sale on November 17. ...

Chinese self-driving startup DeepRoute partners with LiDAR maker RoboSense to build L4 autonomous driving solutions

The two parties aim to build lower-cost L4 autonomous driving solutions based on solid-state LiDARs to help drive mass adoption of the technology. ...

CATL already supplying batteries to Tesla from its new facility few blocks from Giga Shanghai

The plant is in the capacity ramp-up phase and is already at approximately 60 percent of its design capacity. ...

Microsoft announces partnership with Xpeng on latter's virtual voice assistant

Chinese customers who purchase the Xpeng P7 can upgrade the new intelligent voice assistant "Xiao P" via OTA, and Xpeng plans to introduce the technology to several other models. ...

EV battery maker CALB plans HK IPO, aims to raise $1 billion

CALB is the third largest EV battery maker in China, with a market share behind CATL and BYD. ...
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