Nio adds 3 swap stations, bringing total to 563
As of October 26, Nio had 563 battery swap stations and 403 supercharging stations offering 2,450 charging piles.
...
China releases carbon peak action plan by 2030, re-emphasizes promotion of NEVs
China will promote NEVs and gradually reduce the share of traditional fuel vehicles in new vehicle production and sales and vehicle ownership.
...
Xpeng reportedly may deliver models missing some radars due to chip shortage
A severe shortage of radar chips is affecting Xpeng's new vehicle deliveries, and it's likely to deliver models missing some millimeter-wave radars.
...
Xpeng has more owners in Shanghai than in Guangzhou, where it is headquartered
Shanghai is home to Nio's global headquarters and a Tesla factory.
...
Chery's Mini EV rival opens for pre-sale in China, prices start at about $4,700
The QQ Ice Cream is priced directly at the market where the Wuling Hongguang Mini EV is located.
...
China Securities initiates coverage on Nio with Buy rating and $54 price target
China Securities analysts expect Nio to achieve single-quarter profitability in the coming quarters.
...
China's Ministry of Commerce says policies will be introduced to promote used car exports
China's Ministry of Commerce has released a guide to help local used car export companies develop overseas markets.
...
Xiaomi EV's incentive plan approved, paving way for more talent acquisition
Xiaomi's first EV is expected to be mass-produced in the first half of 2024, with 453 people already on board the business' R&D team.
...
BYD gets HKEx's nod to spin off its semiconductor unit to A-share listing
BYD Semiconductor was established in October 2004, and BYD directly holds 72.3 percent of the shares.
...
China's largest bank, ICBC, to provide RMB 3 trillion in energy financing over next 5 years
Most people may not have noticed that China's energy sector is receiving a huge financial boost.
...
