Nio's William Li says company's ultimate rival is Apple as they pursue same goal
Nio's ultimate rival is Apple, as they both pursue one goal that combines technology and humanity, according to William Li, Nio's founder, chairman, and CEO.
Xpeng recalls 13,399 G3 SUVs
The vehicles within the recall are at risk of short-circuiting between the positive and negative electrodes of high-voltage DC, which may lead to no high-voltage electricity supply to the inverter.
Morgan Stanley raises Nio price target by 142% to $80
Morgan Stanley raised its outlook for China's electric vehicle market and is bullish on the performance of the country's electric vehicle trio.
Tesla reduces Model S Plaid price in China by $27k
Tesla has set the Model S Plaid at a starting price of RMB 999,990, ($154,600), down RMB 174,910 ($27,044) from the previous price, Tesla China website showed.
BMW slashes price of iX3 electric SUV by $10k to take on Tesla Model Y competition in China
BMW announced on January 27 that it is adjusting the price of its all-electric SUV, the BMW iX3, in a move believed to be a response to the Tesla Model Y's pricing in China to secure sales.
Faraday Future announces Nasdaq listing through merger with PSAC
At a subscription price of $10.00 per PIPE share, the transaction indicates an implied equity value of $3.4 billion for the combined company.
FF expects to sell more than 400,000 units in next five years, says FF 91 orders exceed 14,000
Faraday Future (FF) expects to sell more than 400,000 units over the next five years and has received more than 14,000 orders for its first flagship model, FF 91, the company said today.
Xpeng establishes new financial and insurance services company
Chinese electric vehicle company Xpeng Motors has set up a new company in Tianjin to provide financial and insurance services, local media reported.
Nio, Xpeng, Li Auto stocks plunge amid broader pre-market sell-off
After Wednesday's selloff, China's electric car trio -- Nio, Xpeng Motors, and Li Auto -- continued to plunge in pre-market trading on Thursday.
Ford to build all-electric SUV Mustang Mach-E in China
Ford China announced plans on January 28 to build the Mustang Mach-E in China, an SUV based on Ford's world's first high-performance all-electric platform that will be built at Changan Ford, its joint venture with Changan Automobile.
