CITIC Securities says BYD's reasonable market value should exceed RMB 1 trillion
More analysts believe BYD's market capitalization will exceed 1 trillion yuan.
Geely aims for 3.65 million sales by 2025, with EVs accounting for over 30%
Geely wants to be No. 1 in China in terms of market share by 2025. Zeekr aims to reach 650,000 units sold by then and have a top-three global share of the premium EV market.
Why is Nio launching sub-brand?
Nio's competitors are accelerating their all-around presence, leaving no segment of the price range untouched.
Chinese robo-van maker Neolix gets investment from SoftBank
Neolix announced on August 18 the completion of hundreds of millions of RMB Series B funding round led by CICC Capital and SoftBank Ventures Asia.
Li Auto to report Q2 earnings on Aug 30
Previously released figures showed that Li Auto delivered 17,575 Li ONEs in the second quarter, up 166 from a year ago and up 40 percent from the first quarter.
Nio owners fire back, say NOP did not mislead them in joint statement
As Nio enters the spotlight for a fatal ES8 crash, the company's owners have come to its defense.
Xpeng establishes intelligent manufacturing company in Wuhan
On July 31, Xpeng's new factory project in Wuhan Economic and Technological Development Zone was launched.
Nio adds four new battery swap stations, bringing total to 374
As of August 18, Nio has 374 battery swap stations, 252 supercharging stations, 440 destination charging stations, and access to over 390,000 third-party charging piles in China.
Citi initiates coverage on Li Auto with Buy rating and HK$165 price target
Citi has initiated coverage of Li Auto's Hong Kong shares with a Buy rating and a HK$165 price target. Li Auto closed at HK$106.3 on Tuesday, and the price target implies a 55 percent upside.
Driverless travel to account for 60% of China's mobility market by 2030 with Baidu set to be leader, says IHS Markit
Robotaxi will account for 60 percent of China's ride-hailing market with RMB 1.3 trillion by 2030, with Baidu likely to be the leader, IHS Markit said in an August 16 report.