Nio says it has provided over 2 million battery swap services to customers

That means an average of one Nio vehicle leaves the battery swap station with a fully charged battery every 10 seconds, the company said.

Tesla raises price of China-made Model Y by RMB 8,000

Tesla did not explain the reason for the Model Y price increase. Questions about whether this was related to the chip or raw materials went unanswered.

Horizon Robotics expects to ship one million of its auto AI chips this year

Chinese chip company Horizon Robotics is on track to ship a million automotive AI chips this year, up from 160,000 in 2020, the company said Tuesday.

Ford's electric Mustang Mach-E engineering test vehicle rolls off assembly line at China plant

The car's rollout at the factory means it will soon begin mass production and go on sale, competing with the Tesla Model Y and Nio ES6.

Xpeng CEO says he spent his early days as an entrepreneur borrowing money every week

He also said that the most impressive thing at that time was the RMB 100,000 SME Technology Support Fund from the Tianhe District Government of Guangzhou.

Elon Musk says China to become Tesla's biggest market

Given that China would expand domestic demand, it would be the place where Tesla would produce the most vehicles and have the most customers, he said.

Li ONE model no longer on sale removed from vehicle purchase tax exemption list, leading to V-shaped move for Li Auto stock

For investors in Chinese electric vehicle (EV) maker Li Auto (NASDAQ: LI), Tuesday's pre-market performance was all too alarming.

Geely announces new firm to focus on forward-looking EV technologies

Geely plans to inject RMB 2 billion ($307 million) into the new company, with Geely Auto holding 51% and Geely Holding Group holding 49%.

Deutsche Bank reiterates Buy rating and $48 price target on Xpeng

In the long term, Xpeng management expects the price of XPILOT to increase in the future, beyond the current RMB 20,000 yuan.

BYD Yuan Pro launched, priced from around $18,638 after subsidies

The BYD Yuan Pro electric vehicle went on sale on March 21, priced at RMB 121,300 ($18,638) and RMB 131,400 after subsidies for both models.
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