Chinese securities regulator drafts rules to facilitate offshore listings of local companies

China will keep its offshore financing channels open and provide clear, transparent and actionable rules for companies to list abroad, the CSRC said. ...

BYD to increase stake in its JV with Daimler to 90%

It will launch three new models including MPVs and SUVs within two years after Denza completes its shareholding adjustment, local media said. ...

Tesla in spotlight in China after vehicle speeds off bridge into river

There were rumors that it was a test drive, but Tesla has denied it. ...

BYD partners with RoboSense to pave way for LiDAR adoption in its vehicles

BYD has taken a stake in RoboSense and is expected to start carrying the latter's LiDARs in its models to be launched next year. ...

Nio's job ads suggest EV maker preparing for US entry

Nio's William Li previously said that if Nio were to enter a market, it would think ahead about how to ensure a good user experience. ...

Audi-FAW EV venture in China reportedly to start plant construction in Q1 next year

The project will introduce the PPE EV platform developed by Audi in cooperation with Porsche, with the first model to go into production in 2024. ...

Self-driving startup Pony.ai signs deal with FAW to co-develop Robotaxi models

Pony.ai will work with FAW to build a fleet of self-driving demonstration operations and collaborate on commercial operations in Guangzhou, Beijing, Shanghai, Changchun and Nanjing ...

WM Motor suffers another EV fire, third this week

For the past three days, there has been one fire each day for WM Motor's EX5 model. ...

ARK Invest now holds about $30 million of Xpeng as Cathie Wood keeps buying

As of December 23, ARKQ held 655,042 shares of Xpeng ADRs worth about $30 million, or 1.37 percent of the position. ...

Nio's William Li's remarks on fuel cars stoke controversy, but get backing from state media

People should not dwell on Li's slightly exaggerated comments, but rather change their mindset and support NEVs in China, the official Economic Daily says. ...
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