Nio president says no models priced below $46,460 in short term, will announce new one around year-end
Nio will not launch models priced below RMB 300,000 ($46,460) in the short term, Qin Lihong said, adding that if a low-end product is launched in the future, it will perhaps be sold under a sub-brand.
Great Wall Motor unveils third-gen self-driving computing platform
It has a single-board computing power of 360TOPS and average power consumption of 5.5TOPS/W.
Xpeng's public offering in Hong Kong 5.3 times oversubscribed
Xpeng Motors has been more than 5 times oversubscribed after launching its Hong Kong public offering for subscriptions on Friday.
Xpeng sets price for international and HK offerings at HK$165, 4.1% discount to its US stock
Xpeng Motor set the final offering price for both its international offering and its Hong Kong public offering at HK$165 per Class A common share, the Chinese electric vehicle company said Wednesday.
Nio plant reportedly adds over 110 robots for ET7 production
As part of preparations for the ET7's production, Nio has added more than 110 robots to its first factory, bringing the total number of robots at the plant to more than 800.
BYD Semiconductor applies for A-share listing in China
BYD announced on June 30 that its application to spin off its subsidiary BYD Semiconductor to list on the ChiNext, a NASDAQ-style subsidiary of the Shenzhen Stock Exchange, has been received by the Shenzhen Stock Exchange.
Chairman of China's largest automaker expects chip shortage to ease in July
Chip shortage is a key factor limiting the capacity of global car companies, but the situation is not far from improving.
Chinese power battery maker CALB's 50GWh project starts construction
The rapid growth of China's electric vehicle industry has created a huge demand for power batteries, and manufacturers are accelerating their production expansion.
Chinese charging pile operator Teld secures $44 million investment
Teld was priced at RMB 14.6 yuan per share, valuing the company at approximately RMB 13.6 billion after the investment.
Nio reaches 300 battery swap stations in China as half of 2021 passes
Nio announced that 11 new battery swap stations went into operation in China today, the most in a single day.
