Option incentive plan shows Xiaomi aims to sell a million EVs a year
Xiaomi, which announced in March that it was joining the car-making bandwagon, is aiming for annual sales of a million vehicles, according to its employee option incentive plan rep
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Chinese power battery supplier Svolt announces mass production of its cobalt-free batteries
As the price of cobalt continues to rise, power battery makers around the world are trying to get rid of the metal. Now, a Chinese company has done just that.
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Leapmotor says its self-driving technology will surpass Tesla's in three years
Leapmotor, the Chinese electric car startup that just announced it has received a license to manufacture cars as well as financing, has big ambitions in the self-driving space.
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Tesla raises prices of Model S and Model X Long Range in China
Information on Tesla China's official website shows that the prices of the Model S Long Range and Model X Long Range have increased by 30,000 RMB ($4640) each.
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WM Motor establishes import/export firm, paving way for its vehicle exports
Although Chinese electric vehicle startup WM Motor hasn't had as strong a year as its local counterparts, including Nio, that hasn't affected its business layout.
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China's unified carbon market officially starts trading
The first transaction was successfully concluded at 9:30 am at RMB 52.78 ($8.1) per ton, with a total of 160,000 tons traded at a value of RMB 7.9 million.
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Nio's move to add new independent director is in preparation for HK listing, report says
The move puts Nio more in line with the criteria for listing in Hong Kong, where Xpeng Motors made a similar arrangement ahead of its July 7 listing.
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TSMC says carmakers can expect sharp uptick in chip supply
TSMC said its MCU production in the first six months of the year rose 30 percent over the same period last year, and the company will increase MCU production by nearly 60 percent t
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Xpeng P7 gets five stars in authoritative ratings for its 'intelligence'
Intelligent is the label Xpeng Motors wants to put on itself, and a new rating is expected to further reinforce that impression with consumers.
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Nio puts five charging stations into operation in Inner Mongolia as its Power North plan continues to advance
The Power North plan is Nio's initiative to improve the electric vehicle experience for customers in northern China, announced at the Shanghai auto show in late April.
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