Li Auto seeks to raise up to $1.9 billion in HK listing, shares expected to start trading Aug 12
Li Auto on Tuesday announced the launch of a global offering of 100 million shares of its Class A common stock, including a public offering of 10 million shares in Hong Kong and an international offering of 90 million shares.
OPPO discloses new car-related patent
Despite not officially announcing its entry into the car-making industry, Chinese smartphone giant OPPO is getting more and more patents in the field.
Nio rumored to start mass production of new model called ES7 in June next year
Nio will start mass production of a model called ES7 in June 2022, under the previously revealed project codenamed Gemini, mydrivers.com reported Monday.
Nio doesn't care about its deliveries being overtaken by Xpeng, Li Auto
The floods in Germany this year affected the supply of air suspension shock absorbers, thus affecting Nio's production capacity this month.
GAC Aion sales up 112% year-over-year to 10,604 units in July
Individual users accounted for 77 percent of the number of license plate registrations for GAC Aion models from January to June this year, while corporate users accounted for 23 percent, the company said.
EV battery maker Gotion, JinkoSolar sign deal to collaborate on energy storage
EV battery maker Gotion Hi-Tech and solar module maker JinkoSolar Holding Co recently signed a strategic cooperation agreement to tap the solar energy storage market.
Nankai University establishes joint lab with lithium-ion battery maker
The lab will focus its efforts on the development of composite electrolytes with high ionic conductivity and low interfacial resistance, with the goal of applying them to next-generation metal-air and lithium-metal batteries.
SAIC-GM-Wuling, Xiaomi partner on 'Internet ecology'
SAIC said it will actively build a new industrial ecology with several Internet companies through cross-industry cooperation.
Credit Suisse raises Xpeng price target to $72
Credit Suisse raised its price target on Xpeng Motors in a research note issued Monday, citing the electric car maker's strong July deliveries.
Shanghai contributed 34% of China's EV exports in H1
Shanghai exported 60,000 EVs in the first half of the year, an increase of 752.9 percent year-over-year, accounting for 34.3 percent of China's total, according to Shanghai Customs.
