Nio's HK listing allegedly delayed due to user trust holdings, what is that?
User trust shareholding is a promise made by William Li, the founder, chairman, and CEO of Nio, to grow with users and make Nio a truly user-centric company.
VW starts delivery of ID.6 CROZZ in China
FAW-Volkswagen began deliveries in China on July 18 of the ID.6 CROZZ, a mid-size all-electric SUV built on the MEB modular platform.
Analysts say China's new carmakers and Tesla growing sales together, not eating into each other's markets
Whenever Tesla starts offering lower-priced models in China, there is always talk of the doom and gloom for China's new carmakers. In the analysts' view, this is overblown.
Deutsche Bank raises Xpeng price target to $50, citing EV sentiment re-rate potential
In a research note sent to investors on Monday, Deutsche Bank's Edison Yu's team raised its price target on Xpeng by $7 to $50, saying it is based on 7.5x 2022E sales, after previously valuing Xpeng at 7.0x 2022E sales.
Nio puts two new battery swap stations into operation, bringing total to 312
Nio's two new battery swap stations, located in Xingtai in Hebei province and Taiyuan in Shanxi province, went into operation on July 18, bringing the total to 312.
BYD to push OTA update to Han EV, bringing Huawei HiCar support
Huawei HiCar enables Huawei phones to connect wirelessly to the car, allowing users to control their phones from the center console. The update also includes Remote Parking Assist and Music Ambient Light.
Nio creates tech showroom in China's tallest skyscraper
As the only local Chinese electric car brand with a foothold in the premium market, Nio has strong technological capabilities, and the company is not shy about showing them off.
Chinese self-driving truck firm TuSimple reportedly launches project to build vehicles
TuSimple recently launched its vehicle-building project Turing Auto and established two subsidiaries for this purpose, according to local media outlet Auto-Bit.
LG Energy Solution overtakes CATL in May to become world's largest power battery supplier
LG Energy Solution's installed base in May rose 370 percent year-over-year to 5.7 GWh.
WM Motor's SUV W6 gets first OTA update
WM Motor's SUV W6 has received its first OTA update to support 11 popular vehicle remote control functions.
