BMW aims to retain its glory in EV era with 'China First' strategy

"China First" means that the local team will have enough independence to respond quickly to market changes and take Chinese customers' expectations into account at the product conc ...

China's Hesai to provide LiDARs for Nvidia's autonomous driving system

Hesai's LiDARs will be used in the NVIDIA DRIVE platform for tagging and training data, as well as to build 3D environment. ...

Nio opens charging network covering major highways in Inner Mongolia under Power North plan

The Power North plan is an initiative announced by Nio at the end of April to improve the electric vehicle experience for customers in northern China. ...

Svolt charges up global EV battery race with $943 million in new funding

The newest entrant from China thinks it could take up nearly a third of the global market over the next five or six years. ...

Li Auto signs strategic co-op framework agreement with southwest Chinese city Chongqing

Li Auto's founder said the company will increase its investment in Chongqing and deepen its strategic partnership with the city. ...

Uxin reports revenue of $53.7 million for past quarter, up 353% year-on-year

Uxin expects fourth quarter revenue to be RMB 480 million to RMB 500 million. ...

Cathie Wood keeps buying Xpeng despite share price drop

ARKQ bought 92,271 shares of Xpeng on Tuesday, increasing the stock to 1.25 percent of its position. ...

Nio's battery asset operator exceeds 4 GWh under management

Founded on August 18, 2020, Mirattery now has 100 times the asset size of 0.04 GWh as of September 2020. ...

China's new rules encourage automakers to install brake energy recovery systems

Energy-efficient technologies, including brake energy recovery systems, will be included in the 2021-2023 dual-credit assessment. ...

Nio signs deal with another highway service area operator to build swap stations

Nio signed an agreement with Anhui Yida to jointly build 13 battery swap stations in highway service areas. ...
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