Tesla cancels 0 down payment option in China due to 'surge in orders'

This comes just three days after the option became available. The minimum down payment is currently 10 percent.

Deutsche Bank ups Nio price target by $10 to $70

The team raised their forecast for Nio's deliveries in 2025 significantly to 750k from 465k.

Xpeng CEO makes latest Forbes list of 100 richest people in Chinese mainland

William Li, founder, chairman and CEO of Nio, and Li Auto, founder, chairman and CEO of Li Auto, did not make the list.

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    BYD Han sold 11,087 units in Oct, up 47% from a year earlier

    BYD Han's cumulative sales have reached 131,679 units since deliveries began in July last year.

    Former Huawei self-driving team leader joins Zeekr

    Chen Qi is one of the pioneers of Huawei's automotive business, but doesn't share the tech giant's insistence on not building cars.

    Nio-backed Uxin reportedly to step up efforts to expand offline business

    Uxin, whose main business is online used car trading, has decided to develop both its online and offline businesses and is bringing back several veteran former employees.

    Tesla exec says rumors of EV maker's second factory site in China untrue

    Rumors have recently surfaced on the Internet that Tesla may build its second Gigafactory in China in Qingdao.

    BYD sold 81,040 NEVs in Oct, up 249% from a year earlier

    From January to October, BYD's NEV sales were 418,600 units, up 212 percent from the same period last year.

    Xpeng adds two new versions to its flagship sedan P7

    To date, the Xpeng P7 offers 480km, 562km, 586km, 670km and 706km NEDC range options, with a total of 15 versions available.

    BYD says it has 9,963 orders for its Dolphin model in Oct

    Dolphin, the first model of BYD's e platform 3.0 as well as the Ocean series, sold 3,000 units in September.
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