Nio is most promising new brand for growth in China, says survey
"Nio, founded in 2014, is BrandGrow's Most Promising Emerging Brand for Growth in 2021 with a brand potential asset value of 736.1 billion yuan."
Tesla Model 3 deliveries extended significantly in China as many vehicles being used for export
The estimated delivery time for the Model 3 in China is 6-8 weeks, a significant extension from the previous 1-3 weeks.
Xpeng expected to start formal trading in Hong Kong on July 7
Xpeng is expected to announce on July 6 the number of placements received by investors, who can then trade on the grey market from 16:15-18:30 Beijing Time on the same day.
Xpeng plans global offering of 85 million new shares, including 4.25 million in Hong Kong
Xpeng Motors has applied to trade in Hong Kong under the ticker symbol "9868," saying the maximum offer price for the Hong Kong public offering will be HK$180 per share or US$23.19, which is equivalent to US$46.39 per ADS.
Smart's first electric SUV completes engineering tests in China
The new vehicle will be based on Geely's SEA architecture, the same as the Zeekr 001.
Chinese EV startup Neta aims for monthly sales of over 10,000
In the first five months of this year, Neta's cumulative sales reached 16,000 units, including 4,508 units sold in May.
Over 195 million cars worldwide have BlackBerry QNX software
Huawei launched HarmonyOS 2 earlier this month, which can be used not only for smartphones but also for cars. In analysts' eyes, it brings a new option to the current in-car OS market.
Nio's venture capital arm invests in another used car trading platform
This is the second used car platform that Nio Capital has invested in recently, as it invested in used car dealer Uxin with Joy Capital last week.
Power battery maker Gotion breaks ground on $1.85 billion base in Hefei
Hefei has become one of the most aggressive cities in the new energy vehicle industry chain. It has NeoPark, a joint development with Nio, and the city also has an economic demonstration park, which has just welcomed a big player.
IM Motors, SAIC and Alibaba-backed EV brand, shows off muscles in self-driving
Self-driving capabilities are a focal point of the competition among China's emerging car companies. IM Motors has just shown off its strong capabilities.
