SAIC aims to sell 550,000 units in overseas markets this year

SAIC Motor aims to sell 550,000 units in overseas markets this year and the target is 1.5 million units by 2025.

Uxin closes $100 million financing deal, Nio's William Li joins board

Under the deal, Uxin has issued a total of 29,129,040,416 shares of senior convertible preferred stock for an aggregate amount of $100 million.

Gotion signs deal to develop first-gen unified battery cells for VW

Gotion will develop the first battery application with standard cells for VW's regular production models.

Citi raises BYD price target, says its P/S ratio should reach Nio's level

Nio has a P/S ratio of 22 times, while the figure for BYD is 3 times.

Information provider 36Kr brings its audio to Nio vehicles

US-listed Chinese business and financial information provider 36Kr Holdings recently announced that the audio segment it created with Nio's interactive sound community, Nio Radio, has come to Nio vehicles.

Deutsche Bank asks: 'Could China EV stocks emerge winners from Didi debacle?'

Yu's team believes that as investors better understand this dynamic, there will be more interest and money flowing into China EV stocks.

Xpeng to announce price of LiDAR-equipped P5 on July 17

Xpeng Motors will officially begin pre-sales of the P5 sedan on July 17, when it will announce the model's price, the company said Tuesday.

BYD to start construction of project with Hefei at end of August

After Nio, BYD has become the latest car company to build new energy vehicle projects with the city of Hefei in east China.

China sees 9,435 power battery recycling-related company registrations in H1, 26 times as many as a year ago

With the rapid development of China's new energy vehicle industry, power battery recycling is starting to become a big business with a rapid increase in participants.

Hongguang Mini EV sales at 22,905 units in June, down 23% from May

After its record sales in March, the performance of China's hottest-selling electric car is starting to weaken.
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