Geely's EV brand Zeekr secures investments from Intel, CATL, Bilibili

Geely's premium electric vehicle brand Zeekr entered into a share purchase agreement on August 27 with five investors, including CATL, Bilibili-related investors and Intel Capital.

Alibaba invests in autonomous driving company DeepRoute.ai

Alibaba became the majority shareholder with a 19.68 percent stake, the information shows.

This is how much you can earn if you work on the production line at Tesla Shanghai plant

Tesla offers a base salary starting at RMB 5,341 ($820) and an combined annual income of RMB 110,000 - 120,000 ($18,512).

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    Elon Musk says he'd opt for Model 3 with LFP batteries because they can be charged to 100%

    Tesla CEO Elon Musk tweeted on Friday that he would prefer lithium iron phosphate (LFP) batteries because they can be charged to 100 percent, while ternary batteries are only recommended to be charged to 90 percent.

    Xiaomi discloses patent related to vehicle door control

    The method can determine the road conditions near a car door to determine whether that environment is suitable for the door to open, thus preventing injury to people or vehicles.

    GAC Aion reportedly to launch its super-fast charger on Aug 30

    GAC Aion will officially launch its A480 supercharger matched with graphene-based fast-charging batteries on August 30, cls.cn quoted people familiar with the matter as saying Friday.

    Deutsche Bank raises price target on Xpeng by $1 to $51, maintains Buy rating

    Edison Yu's team maintained a Buy rating on Xpeng and raised their price target by $1 to $51 to reflect their higher expectations for the company's future deliveries.

    Hefei, where Nio China is headquartered, plans to introduce new policies to promote NEV industry

    Hefei, home of Nio's China headquarters, released a new energy vehicle industry development plan on Friday that is expected to further boost the industry there.

    SAIC ups its bet on smart driving for commercial vehicles

    A wave of autonomous driving is sweeping China's auto industry, and commercial vehicles are being included.

    Kaixin Auto to acquire EV maker to speed up its car-making ambitions

    Kaixin Auto closed down 1.85 percent to $3.19 on Thursday. The stock rose about 88 percent since August 5.
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