Tesla Shanghai plant to have 90% of its parts supplied locally by year-end
Tesla's Shanghai Gigafactory is expected to produce 450,000 units in 2021 and export about 66,100 units in total.
CITIC Securities initiates coverage on Xpeng with Buy rating and $55 price target
Xpeng closed down 6.58 percent to $37.51 in the US on Monday, and the target price implies 47 percent upside.
China's July auto exports hit another record high, with NEVs contributing 31.5%
China exported 140,000 passenger cars in July, up 16.8 percent from the previous month and 2.1 times higher year-over-year.
CICC initiates coverage on Li Auto H shares with Outperform rating and HK$187 price target
Li Auto closed at HK$ 106.4 in Hong Kong on Monday, and CICC's price target implies 76 percent upside.
GAC Honda to start construction of its new NEV plant in October
The project will be able to produce 120,000 new energy vehicles per year after completion.
Solar panel maker Trina Solar says its cells have set world record for efficiency
Trina Solar said the cell has achieved an efficiency of 23.56 percent, setting a new world record for mass production efficiency of 210 large-area industrial P-type monocrystalline silicon PERCs.
Besides Nio, who are the other battery swap players in China?
As of August 14, Nio had 366 battery swap stations in China, but many of its local counterparts are also building their own battery swap stations.
China auto association seeks comments on new swap station standard led by entities including Nio
Thirteen companies, including Nio, undertook the work including the top-level design of the standard, the main framework and technical route for shared swap stations.
Shanghai sees 133,000 new energy vehicles registered in H1
By the end of June, Shanghai had 513,000 new energy vehicles, of which 235,000 were pure electric vehicles.
Svolt Energy's new 15 GWh power battery project begins construction
The project has a total site area of 482 mu (321,300 square meters) and a new construction area of 480,000 square meters.