Guangdong to ease car license quota limits in Guangzhou, Shenzhen
The extra quota for new small cars in Guangzhou will increase from 30,000 to 80,000, and Shenzhen will remove the requirement that consumers who buy NEVs pay social security locally.
Xpeng's new SUV said to be unveiled at Guangzhou Auto Show later this month
The new vehicle, positioned as a mid-size SUV, will be based on the same Edward platform as Xpeng's flagship sedan P7, local media says.
Nio's swap stations reach 608
As of November 9, Nio has 608 battery swap stations and 460 supercharging stations providing 2,690 charging piles.
Chinese self-driving unicorn Pony.ai reportedly reshuffles truck division with key team leaders leave
In late 2019, Nio Capital, the venture capital arm of Nio, had said it had invested in Pony.ai.
Further Reading: A 26-year-old talks about what it's like to be a worker at Xpeng's factory
This article from Jiemian.com tells what it's like for a young 26-year-old worker to work at the Xpeng Motor factory.
Evergrande's Hengchi 5 about to complete key regulatory process
The Hengchi 5 has appeared in the regulator's latest catalog, signaling that the model may soon be available to consumers.
Great Wall Motor's Ora brand sold 13,235 vehicles in Oct, up 65% from a year earlier
The Ora Good Cat sold 7,845 units in October, up 54.3 percent from September and a single-month sales high.
FAW-Volkswagen's ID. series sold 5,684 units in Oct, up 11% from Sept
FAW-Volkswagen's ID. lineup, which includes the ID.4 CROZZ and ID.6 CROZZ, has sold more than 20,000 units since their launches.
BYD closes private placement of additional shares in Hong Kong, securing $1.77 billion in funding
BYD's shares traded in Hong Kong rose 3.36 percent to HK$314.2 as of press time, and it is up about 26 percent in the past month.
Nio Q3 earnings: What to expect
Deutsche Bank Edison Yu's team expects Nio to report revenue of RMB 9.33 billion in the third quarter, representing a 106.1 percent year-on-year increase.
