Tesla opens Supercharger station in Shanghai with solar power generation and energy storage
After Lhasa, Tesla has completed its second Supercharger station in China with both solar power generation and energy storage in Shanghai.
Xpeng P5 opens for pre-sale with starting price of about $24,700
Xpeng Motors' new sedan P5 officially launched its pre-sale on July 17, with a subsidized price range of RMB 160,000 ($24,700) to 230,000.
Nio reportedly filed for HK secondary listing in March, but delayed due to user trust issues
Nio was listed in the US on Sept. 13, 2018, and it meets the conditions for a secondary listing in Hong Kong, according to the HKEx rules.
Li Auto reportedly filed for HK listing in May, will use dual listing similar to Xpeng
Li Auto has submitted its listing application to the Hong Kong Stock Exchange at the end of May and will list in Hong Kong in a dual listing similar to that of Xpeng Motors, Tencent News reported Friday.
Power battery maker Gotion secures its first plant in Europe through acquisition
Gotion High-tech has signed a deal with the Robert Bosch GmbH to acquire the latter's plant in Göttingen, Germany, to gain its first new energy production operation in Europe.
SPDB International initiates coverage on Xpeng with Buy rating and HK$187.6 price target
Xpeng's car sales have a price-to-sales ratio close to other new car makers, but its software services could be given a higher price-to-sales ratio thanks to its push in autonomous driving and software monetization, according to the report.
Xpeng to bring closer-to-real-life voice interaction experience to P7
Xpeng said Thursday that the Xmart OS in-car intelligent voice assistant "Xiao P" will receive a new AI voice via OTA in July and will first be available on the Xpeng P7.
Chinese LiDAR supplier Hesai reaches deal with autonomous driving firm WeRide
Chinese LiDAR supplier Hesai Technology and autonomous driving system developer WeRide have entered into a strategic partnership to jointly promote the adoption of driverless technology.
Great Wall Motor recalls 16,216 EVs due to potential battery thermal runaway
Great Wall Motor (GWM) is recalling 16,216 Ora IQ electric vehicles due to a potential problem with the power cell thermal runaway.
Chery recalls 1,407 EVs due to battery safety hazards
Chery is recalling 1,407 Arrizo 5e electric vehicles due to a potential risk of thermal runaway of the battery.