Model 3, MINI EV contribute one-fifth of China's new energy passenger car sales in 2020
China's new energy vehicle market experienced a hot 2020, though that hotness was not equal, with certain companies appearing to be hotter than others.
China-made Model Y said to have started delivery process, owners can pick up cars on Monday
Tesla China's website shows that if consumers order the Model Y now, the long-range version is expected to be delivered in the second quarter of this year.
GAC's graphene battery, which can be recharged 80% in 8 mins, has started mass production testing
If mass production is eventually achieved, the charging time of this battery will be comparable to the refueling time of a traditional fuel car, which will be a technological revolution for new energy vehicle batteries.
Foxconn reportedly appoints former Nio co-founder as CEO of its electric vehicle joint venture
Apple manufacturer Foxconn has appointed Jack Cheng, former co-founder and executive vice president of Nio, as chief executive officer of its electric vehicle platform, according to jin10.com.
Xpeng App asked to rectify for infringing users' rights and interests
The Guangdong Communications Administration monitored and found 201 apps with problems and security risks that violate users' rights, and therefore asked their operators to rectify them by a deadline, including the Xpeng APP.
Li Auto's second model, possibly codenamed X01, expected to be delivered next year
A Shenzhen-listed firm announced that it has won the "X01 assembly line" project of Li Auto's Changzhou branch, with a contract value of RMB 160 million and a delivery date of March 30, 2022.
Xpeng's LiDAR-equipped sedan expected to go into production in Oct
A document shows that Xpeng wants to build it into a popular product and make a breakthrough in terms of production.
Nio announces interest and conversion price for $1.3 billion convertible notes
The initial conversion rate of the 2026 notes is 10.7458 ADSs per US$1,000 principal amount, which is equivalent to an initial conversion price of approximately US$93.06 per ADS and represents a conversion premium of approximately 50.0% above the closing price of its ADSs on January 12.
Chinese city Xi'an will offer about $1,544 subsidy to owners who install charging piles
Various cities in China are taking steps to encourage the use of new energy vehicles, with the northwestern city of Xi'an being the latest.
Nio may build second plant in Hefei
Nio may build a new plant in Hefei, next to the existing JAC Nio plant, according to a recent government document.
