BYD donates about $3.1 million to flood-hit Zhengzhou
BYD announced on Wednesday that the BYD Charitable Foundation donated RMB 20 million ($3.1 million) to the Zhengzhou Charity Federation for disaster relief emergency initiatives and post-disaster recovery work.
Alibaba increased its long position in Xpeng HK shares by about 15%
On July 7, Alibaba increased its long position in Xpeng Motors from 0% to 14.97%, according to a HKEx filing.
CATL sues smaller rival for patent infringement
If CALB loses the lawsuit, its entire product line could be banned.
Analyst says it's possible that Tesla's software business will be more valuable than hardware
Tesla recently launched a monthly subscription service for Full Self-Driving (FSD), and the potential of the business promises to make Tesla's software business more valuable than its hardware, according to Morgan Stanley.
Xpeng donates about $2.3 million to flood-ravaged Henan
Xpeng Motors announced on Wednesday that it has donated RMB 15 million ($2.3 million) to the Henan Provincial Charity Federation for flood relief efforts.
Nio donates about $2.3 million to flood-hit Henan
Nio announced Wednesday that it has donated 15 million yuan ($2.3 million) to Henan Province to support local relief efforts.
FF to begin trading on Nasdaq on July 22 as PSAC approves merger deal
The business combination of the two is expected to close around July 21, 2021, and FF expects to receive about $1 billion in funding, according to the announcement.
Li Auto donates about $1.54 million to flood-ravaged Henan Province
Li Auto donated 10 million yuan ($1.54 million) to Henan Province through the China Charity Federation, the company said on July 21.
Xpeng G3 OEM Haima's plant in Zhengzhou shut down due to flooding
Xpeng said the current situation will not affect the company's production and sales.
Nissan Zhengzhou production base temporarily shut down due to heavy rainfall and flooding
Nissan's production base in the capital city of Zhengzhou is in a state of temporary suspension due to heavy rains, yicai.com said Wednesday, citing a source from Nissan China.