Lucid Motors plans to build plant in China by 'mid-decade,' CEO says

Lucid Motors plans to build factories outside the United States, including in China, the world's largest automotive market.

Is battery swap model less sustainable than supercharging? This team of analysts thinks the opposite

CICC believes that public charging facilities will be difficult to sustain in terms of location and economics. From the perspective of battery standardization, the battery swap model will be further promoted.

CATL reportedly sets up branch in South Korea for Hyundai Motor

CATL may have set up the subsidiary to support Hyundai in supplying its lithium iron phosphate technology.

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    Chinese EV startup Aiways enters Spanish, Portuguese markets

    Aiways plans to release a new model in Europe every year, and its U6 SUV will be available in Europe in 2022.

    Geely's Lotus, self-driving unicorn Momenta set up joint venture

    The company is the first joint venture between a carmaker and an autonomous driving firm in China, and will be a supplier of autonomous driving solutions to Lotus.

    Xpeng added 111 supercharging stations in Oct, bringing total to 550

    To date, Xpeng has 550 supercharging stations and 129 destination charging stations.

    Former Nio, Ford exec Zhu Jiang joins Baidu's car-making arm Jidu

    Zhu joined Nio in 2017 as vice president of user development. He joined Ford China on June 1, 2020 and get the Mustang Mach-E launched in China.

    CITIC Securities raises Nio price target from $45 to $51

    The team expects Nio's revenue to reach RMB 66.7 billion in 2022, up from its previous forecast of RMB 59.8 billion.

    BYD to unveil first sedan of Ocean series at Guangzhou auto show

    A model called "BYD Destroyer 05" has been circulating on the Chinese Internet, and it appears to be BYD's upcoming model.

    Li Auto sees 100,000th vehicle delivered

    This means that as of November 16, Li Auto had delivered 3,484 units for the month.
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