US has fallen behind China, Europe in EV production, report says
Sales of electric vehicles (EV) are rising as public acceptance continues to grow. Yet for US producers, they appear to be slow to act.
Li Auto supplier Horizon Robotics to launch new self-driving chip soon
Horizon Robotics will soon launch Journey 5 with up to 128 TOPS of AI computing power on a single chip.
UBS cuts Tesla price target to $660, citing threats from Nio, Xpeng, BYD
Wall Street is starting to worry about Tesla's valuation amid the rapid rise of Chinese electric car companies including Nio, Xpeng Motors, and BYD.
Citi raises Nio price target to $72 from $58.3
Citi raised its price target on Nio by 23.5 percent, citing expectations for strong growth in the company's shipments.
Xpeng reportedly guides HK listing pricing at HK$165 per share
Xpeng Motors has guided its Hong Kong listing pricing at HK$165 per share, Bloomberg reported Wednesday. That sits below the company's previously announced maximum offering price of HK$180.
Nio opens 5 new battery swap stations in Shanghai, bringing total in China to 289
Chinese electric vehicle company Nio saw five of its battery swap stations go into operation in Shanghai on Tuesday, the most the company has deployed in a single city in China in a single day.
Baidu Apollo first to get permit for phase II self-driving road testing in Beijing
Baidu's smart driving unit Apollo continues to lead the charge on autonomous driving testing.
Beijing's new rules, set to take effect on July 1, expected to improve EV charging experience
Charging spaces being taken up by fuel vehicles is a problem that bothers many EV owners. With a new regulation coming into effect in Beijing, this problem is expected to be alleviated in the city.
Baidu, Great Wall Motor partner to bring autonomous parking system to latter's models
AVP (Apollo Valet Parking) is one of the key components of Baidu Apollo's autonomous driving technology, and now the company is getting it accepted by more and more car companies.
Great Wall Motor unveils battery that prevents fires, opens patent for free
The potential for battery fires and explosions is one of the major reasons preventing many people from buying electric vehicles, and now Great Wall Motor's new technology, if applied on a large scale, will hopefully alleviate this concern.