Nio doesn't care about its deliveries being overtaken by Xpeng, Li Auto
The floods in Germany this year affected the supply of air suspension shock absorbers, thus affecting Nio's production capacity this month.
GAC Aion sales up 112% year-over-year to 10,604 units in July
Individual users accounted for 77 percent of the number of license plate registrations for GAC Aion models from January to June this year, while corporate users accounted for 23 percent, the company said.
EV battery maker Gotion, JinkoSolar sign deal to collaborate on energy storage
EV battery maker Gotion Hi-Tech and solar module maker JinkoSolar Holding Co recently signed a strategic cooperation agreement to tap the solar energy storage market.
Nankai University establishes joint lab with lithium-ion battery maker
The lab will focus its efforts on the development of composite electrolytes with high ionic conductivity and low interfacial resistance, with the goal of applying them to next-generation metal-air and lithium-metal batteries.
SAIC-GM-Wuling, Xiaomi partner on 'Internet ecology'
SAIC said it will actively build a new industrial ecology with several Internet companies through cross-industry cooperation.
Credit Suisse raises Xpeng price target to $72
Credit Suisse raised its price target on Xpeng Motors in a research note issued Monday, citing the electric car maker's strong July deliveries.
Shanghai contributed 34% of China's EV exports in H1
Shanghai exported 60,000 EVs in the first half of the year, an increase of 752.9 percent year-over-year, accounting for 34.3 percent of China's total, according to Shanghai Customs.
Deutsche Bank raises price target on Li Auto by $5 to $32
Deutsche Bank's Edison Yu's team raised their price target on Li Auto by $5 to $32 with a Hold rating in a research note sent to investors on Monday.
Nio delivered 7,931 vehicles in July, up 124% year-over-year
Nio delivered 7,931 vehicles in July, up 124.48 percent year-over-year and down about 2 percent from June.
Xiaomi invests in another self-driving technology provider
Xiaomi is participating in Geometrical Perception and Learning Co's (G-PAL) approximately RMB 400 million ($61.88 million) Pre-A series funding round as the lead investor in the Pre-A2 round.