Hunan becomes China's first province to pilot low-altitude flights in historic move to explore opening up strictly regulated area

Central China's Hunan province has become the first province in the country to be allowed to pilot full-field low-altitude flights, CCTV said in a brief report on July 17, citing C ...

Xpeng says P5 gets over 5,000 orders in 7 hours after opening for pre-sale

Xpeng Motors' less expensive sedan, the P5, has received more than 5,000 orders in seven hours after opening for pre-sale, the company said Saturday. ...

Tesla opens Supercharger station in Shanghai with solar power generation and energy storage

After Lhasa, Tesla has completed its second Supercharger station in China with both solar power generation and energy storage in Shanghai. ...

Xpeng P5 opens for pre-sale with starting price of about $24,700

Xpeng Motors' new sedan P5 officially launched its pre-sale on July 17, with a subsidized price range of RMB 160,000 ($24,700) to 230,000. ...

Nio reportedly filed for HK secondary listing in March, but delayed due to user trust issues

Nio was listed in the US on Sept. 13, 2018, and it meets the conditions for a secondary listing in Hong Kong, according to the HKEx rules. ...

Li Auto reportedly filed for HK listing in May, will use dual listing similar to Xpeng

Li Auto has submitted its listing application to the Hong Kong Stock Exchange at the end of May and will list in Hong Kong in a dual listing similar to that of Xpeng Motors, Tencen ...

Power battery maker Gotion secures its first plant in Europe through acquisition

Gotion High-tech has signed a deal with the Robert Bosch GmbH to acquire the latter's plant in Göttingen, Germany, to gain its first new energy production operation in Europe. ...

SPDB International initiates coverage on Xpeng with Buy rating and HK$187.6 price target

Xpeng's car sales have a price-to-sales ratio close to other new car makers, but its software services could be given a higher price-to-sales ratio thanks to its push in autonomous ...

Xpeng to bring closer-to-real-life voice interaction experience to P7

Xpeng said Thursday that the Xmart OS in-car intelligent voice assistant "Xiao P" will receive a new AI voice via OTA in July and will first be available on the Xpeng P7. ...

Chinese LiDAR supplier Hesai reaches deal with autonomous driving firm WeRide

Chinese LiDAR supplier Hesai Technology and autonomous driving system developer WeRide have entered into a strategic partnership to jointly promote the adoption of driverless techn ...
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