Geely aims to sell average of 10k vehicles per day by 2025
Geely aims to sell 3 million Geely Auto units and 650,000 Zeekr units by 2025.
Tesla allows Chinese consumers to buy cars with zero down payment
The move is expected to further boost Tesla's already high sales in China.
Neta delivered 8,107 units in Oct, up 294% year-on-year
Neta's total deliveries for the year reached 49,534 units, up 398 percent from a year ago.
Xpeng delivered 10,138 vehicles in Oct, exceeding 10k for 2nd consecutive month
Xpeng P7 delivered 6,044 units in October, the fourth consecutive month of over 6,000 units. A total of 437 units of the P5 sedan were delivered in October.
BYD aims to raise $1.77 billion by issuing 50 million additional shares in Hong Kong
BYD's offering price offers a discount of about 7 percent to Friday's closing price.
Nio adds 22 swap stations, bringing total to 598
In October, Nio added 81 battery swap stations, 77 supercharging stations and 31 destination charging stations.
Great Wall Motor's Ora Good Cat officially launched in Thailand, priced from about $29,700
The Ora Good Cat is available in three versions in Thailand, with a choice of 400km or 500km NEDC range.
GAC Aion plans to invest $52.5 million in trial production line for batteries
In April, GAC unveiled the battery technology it claims will allow electric vehicles to have a range of 1,000 kilometers.
Nio surpasses 1,000 charging stations
As of October 30, Nio had 438 supercharging stations, 564 destination charging stations and 576 battery swap stations.
Nio taps China funding channels as its subsidiary issues $161 million in ABS
Nio's finance and leasing subsidiary marked the EV maker's debut in the Chinese capital market with a successful RMB 1.03 billion ABS issuance on the Shanghai Stock Exchange.