Tesla updates entry-level Model Y specs in China with weaker acceleration
The entry-level Model Y sold in China now has a 0-100 km/h acceleration time of 6.9 seconds, compared to the previous 5.6 seconds.
WM Motor said to eye HK IPO that could raise about $1 billion
WM Motor is eyeing a possible $1 billion Hong Kong IPO, which could happen as soon as next year, Bloomberg reports.
Chinese EV startup Hozon reportedly considering $1 billion HK IPO
Hozon is working with advisers on the matter, and the IPO could happen as early as next year, Bloomberg reported.
China's NEV industry embracing inflection point where market forces driving growth, state media says
This year will be the historical inflection point at which the driving force behind the development of China's NEV industry changes from policy to market forces.
Tesla exceeds 30,000 Superchargers worldwide, a quarter in China
Tesla has opened more than 7,600 Superchargers in China.
Ford entices Chinese consumers to order Mustang Mach-E by giving away $2,340 worth of software package
Previously Ford only allowed the first Mustang Mach-E customers to experience the Co-Pilot 360 software for free for 90 days.
Further Reading: Why some Chinese consumers are canceling orders for Ford Mustang Mach-E
This reflects the dilemma facing traditional car companies transitioning to electric vehicles.
FAW Hongqi's first battery-swap-enabled model for cab market goes into service
Hongqi has delivered the first 100 units of its E-QM5 model, and by the end of November, 2,000 units will be in operation.
Deutsche Bank says Nio is trading at attractive discount to global peers, reiterates $70 price target
"We believe Nio is trading at an attractive discount relative to global peers such as Tesla and Lucid with the latter's premium likely being unwarranted," Edison Yu's team said.
Is Jidu Auto going to follow Nio's BaaS model?
The car-making arm of Baidu is hiring for a "BaaS battery operations business development" position.