Lenovo Capital, an early investor in Nio, says EVs are a rare and huge opportunity
"There are a lot of cases in our portfolio companies where startups encounter various setbacks, and these setbacks vary. We walk entrepreneurs through that hurdle, and the next thing you know, you're on your way up."
Li Auto rises 2.57% pre-market, recouping some of its losses from past two days
Li Auto shares have pulled back sharply over the past month, with a cumulative decline of about 30 percent since November 24.
Tesla opens 60 supercharging stations in China in November with a total of 517 superchargers
By the end of November, Tesla had completed more than 500 supercharging stations and 718 destination charging stations in China, covering more than 270 cities.
BYD delivers 470 all-electric buses to Colombia
The buses will be placed on nine routes in the city on December 26, and the remaining 350 are scheduled to be placed on 30 other routes in the first quarter of 2021.
Li Auto surpasses 30,000 cumulative deliveries
The Li ONE set a record for the fastest delivery of the first model among China's new car makers.
Baidu allegedly may cooperate with WM Motor to build cars
Baidu may join forces with WM Motor to build a car and that the two sides are currently discussing possible models of cooperation.
CATL establishes joint venture for business including sale of charging piles
CATL is the second-largest shareholder with 26% equity.
BYD reportedly to launch large pure electric buses in Japan
The electric bus, named K8, will cost 38.5 million yen ($370,000) excluding tax, and they will start deliveries in January, aiming to sell 2,000 units within five years.
Tesla Shanghai plant starts production of Model Y, could deliver as early as January
The vehicles appear to be ready for delivery to customers, and they are more refined than other Model Ys spotted in recent months.
Li Auto files patents related to autonomous driving
Chinese electric vehicle (EV) maker Li Auto's affiliate, Beijing Chehejia ("Car and Home") Information Technology Co., Ltd. is applying for patents related to autonomous driving, according to information from data provider Qichacha.
