Self-driving firm Pony.ai has reportedly joined car-making party

Pony.ai's initial plan is to build passenger cars, but it has not yet determined whether they will be used in self-driving fleets or sold to general consumers.

Tesla raises starting price of Model S Plaid in China by about $9,395

Tesla on Friday raised the starting price of the Tesla Model S Plaid in China by RMB 60,000 ($9,395) to RMB 1,059,990. The model was previously priced at RMB 999,990.

Nio completes key procedure for ES8's entry into Europe

Nio announced Friday that it has received European Whole Vehicle Type Approval (EWVTA) for the ES8, marking an essential foundation for Nio's entry into Norway and the European market at large.

Tesla may launch China-made Model Y with LFP batteries in July

The China-made Model Y is currently powered by ternary lithium batteries supplied by LG. Lower-cost LFP batteries would mean a lower price for the model in China.

Nio's potential sub-brand said to target $31,300 market

Nio is assembling a team internally to secretly create a new lower-end sub-brand that will target a market priced around RMB 200,000 yuan ($31,300).

Nio reportedly to launch new brand with lower positioning

Nio is planning to launch a new brand with a lower positioning, which insiders are calling a sub-brand, yicai.com reported Thursday.

Alibaba says it's working on self-driving trucks

Chinese e-commerce giant Alibaba is working on self-driving trucks with its logistics subsidiary Cainiao, Cheng Li, the company's chief technology officer, said Thursday.

Xiaomi chairman visits Great Wall Motor, renewing speculation of partnership

Lei Jun, chairman of Chinese smartphone giant Xiaomi, visited the research and development center of carmaker Great Wall Motor.

Chinese EV startup Aiways announces entry into Italy

After France, Germany, the Netherlands, Belgium and Denmark, Aiways is expanding its business to Southern Europe and the European Free Trade Association (EFTA) market.

Nio is still a 'first-year student' compared to German luxury brands, CEO says

"Nio is still a first-year student, but people are already paying us in advance of when we graduate with our PhDs. Over the next decade or so, we're going to finish school," he said.
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