Xiaomi CEO's hometown trying to get his car project based there

For local governments, attracting a car company to their area would certainly give a significant boost to the local economy, especially if the company is also China's largest smartphone maker.

Tesla in spotlight again as suspected runaway Model 3 plows into overpass

A black Tesla Model 3 ran into the entrance of a street crossing, reigniting questions about the model's loss of control, according to local media reports.

Xiaomi's Lei Jun, Nio's William Li, Xpeng's He Xiaopeng show up at rare gathering

Given that Xiaomi just announced its entry into the car-making industry three days ago, this gathering of the leaders of China's most prominent new energy vehicle companies has quickly generated widespread interest among Chinese Internet users.

Nio's JV with JAC has been officially established with registered capital of about $76 million

JAC would contribute RMB 255 million yuan, accounting for 51% of the total registered capital; Nio would contribute RMB 245 million yuan, accounting for 49%, JAC said previously.

Li Auto reportedly plans to build second factory, possibly in Beijing, where it is headquartered

Li Auto is planning to build a second factory, most likely in Beijing, where the company is headquartered, local media iautodaily.com said on April 2, citing sources familiar with the matter.

Chinese firm's next-gen power battery seeks to challenge energy density bottleneck

Farasis Energy said it has developed and validated a next-generation electric vehicle battery with an energy density of 330Wh/kg, marking a challenge to the industry's widely held belief that lithium batteries have an energy density bottleneck upper limit of 350Wh/kg.

Nio brings EP9 supercar to Chinese version of Asphalt 9: Legends

The first batch of Nio EP9 is limited to six units worldwide, and the owners include William Li, founder of Nio, Zhang Lei, founder, and CEO of Hillhouse Capital, Pony Ma, founder of Tencent.

Deutsche Bank comments on Xpeng 3,000km NGP expedition: Setting the standard for consumer autonomy

In the opinion of Edison Yu's team at Deutsche Bank, the high success rate of the Xpeng NGP's highway autonomy is impressive and sets the standard for consumer autonomy.

Li Auto delivers 4,900 units in March, up 113% from February

Li Auto's sole model, the Li ONE, delivered 4,900 units in March, up 238.6 percent from the same month last year and 113 percent from February, according to data released by the company today.

Xpeng's new sedan expected to be unveiled at Shanghai Auto Show later this month

The new car, rumored to be named the Xpeng P5, is expected to be slightly smaller and positioned below the Xpeng P7.
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