Tesla begins Model Y Performance deliveries in China
Tesla has sold out of available capacity for the entry-level Model Y in China this year, and the start of deliveries of the Model Y Performance will help increase its sales and average price in the Chinese market.
Xpeng starts generating electricity from solar panels on its Zhaoqing plant roof, providing 30% of its production power
The project is expected to generate an average of 21.33 million kilowatt hours of electricity per year, equivalent to the power used by more than 50,000 people for one year.
Beijing allows self-driving mobility providers to pilot charging fees, becoming first Chinese city to do so
Baidu and Pony.ai are the first companies to be licensed to offer their services to the public for a fee, with Baidu having completed its first bill collection today.
Nio marks its seventh anniversary with total owners exceeding 150,000
As of today, Nio owners have reached 150,000. Notably, as of October 31, the cumulative delivery of all Nio vehicles was 145,703 units.
BYD enters spotlight for vehicle fire
The model appears to be a Qin Pro with a ternary lithium battery, and BYD announced in April that its entire EV lineup would begin carrying the much safer blade battery.
Nio begins equipment installation at its facility in NeoPark
The first model it produces will see a tooling trial prototype roll off the line in the second quarter of 2022, with the production car coming off the line in the third quarter of next year.
Driver found at fault for last September's Tesla crash that killed 2
The driver was driving the vehicle wearing shoes with a 5cm heel height. The vehicle was found to have no safety hazards.
China to launch revision of 'dual-credit' policy that has fueled rapid growth of NEV industry
Nio has already sold most of its regulatory credits in the third quarter, earlier than last year.
CICC raises Xpeng price target to $69 from $60
CICC is bullish on Xpeng's room for new model sales to exceed expectations, and the potential for improved profitability from technology advantages.
Faraday Future shares plunge pre-market after receiving Nasdaq notice on non-compliance with listing rule
Faraday Future fell more than 12 percent premarket. The stock is down about 26 percent from November 16 to 24.