Evergrande Auto breaks ground on new $773 million production site

The overall project is expected to be completed in 2024 and will be used for the production of models including sedans and coupes.

Li Auto delivered record 7,713 units in June, up 320.6% year-on-year

Li Auto added more than 10,000 new orders in June, an all-time high, the company said.

Deutsche Bank explains why Nio, Xpeng, Li Auto stocks have rallied sharply and what investors need to watch out for

The recent sharp rally in Chinese electric vehicle (EV) stocks has many cheering. In a research note released Thursday, Deutsche Bank explains why this is happening and what investors need to watch out for.

Xpeng expects to see passive inflows as its ADSs to be included in FTSE's equity indexes on July 8

For listed companies, inclusion in an index means that there will be passive investment flows that track the index. Chinese electric vehicle company Xpeng Motors has become the latest to be included in an international index.

Nio begins offering users benefits promised by Power North plan

As of July 1, Nio has completed a total of 11 battery swap stations, 15 supercharging stations and 17 destination charging stations in the eight regions, it said.

Deutsche Bank cuts global delivery expectations for Tesla ahead of data release

Emmanuel Rosner said he lowered the estimate for Tesla's deliveries in the second quarter to 200,000 units from 207,000 in reaction to softer China volumes.

China has built 118 hydrogen refueling stations

By the end of 2020, China had built 118 hydrogen refueling stations in total, with 167 under construction or planned, according to a recently released report.

Leapmotor delivered 3,941 units in June, up 893% year-on-year

Leapmotor delivered 3,941 units in June, up 893 percent year-on-year and up 23 percent from May.

SAIC chairman rules out using Huawei's self-driving technology

"It's like a company providing us with a complete solution so that it becomes the soul and SAIC becomes the body. Such a result is unacceptable to SAIC, and we want to take the soul into our own hands."

Xpeng delivered record 6,565 vehicles in June, up over six times year-on-year

Xpeng Motors delivered a record 6,565 vehicles in June, up 15 percent sequentially from 5,686 in May and up 617 percent year-over-year.
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