Nio restores owners' free battery swap benefits
Chinese EV maker Nio announced Friday that it is adjusting the free lifetime battery swap benefits for its customers, retracting part of its October decision.
Deutsche Bank says Xpeng stock could gather upward momentum, reaffirms Buy rating and $58 price target
Xpeng's stock could gather some upward momentum from investors driven by the positive sentiment around XPILOT 3.0 and its upcoming new sedan with LiDAR, according to Deutsche Bank analysts led by Edison Yu in a note to investors on Thursday.
GAC Aion charging pile has 2.4 times the power of Tesla V3 Supercharger
A GAC Aion high-powered super-fast charger in Guangzhou shows a charging current and voltage of 600A and 1000V respectively, which means it can charge up to 600kW.
Nio sales to be boosted as it temporarily allows customers to buy cars with 0 down payment
The last time Nio launched a 0 down payment purchase plan was in early September 2019, when the company was facing operational pressure.
This is why China needs a thriving electric vehicle industry
China produced 190 million tons of crude oil and imported 460 million in 2018, with an external dependence of 71 percent.
Daiwa Securities gives Nio $100 price target, says it has innovative business model
Daiwa Securities reiterated its Buy rating on Nio in a recent report with a $100 price target, implying a 73% upside from the company's Wednesday closing price of $57.71.
Li ONE scores similar to Nio EC6 in China's most watched crash test
Despite several broken axles last year that raised safety questions about Li Auto's only model, the Li ONE is one of the safest vehicles you can buy, according to the latest results of a prestigious crash test.
Tesla Model 3 questioned for chassis defects as explosion puts it in spotlight
The latest Model 3 spontaneous combustion and explosion has brought Tesla into the spotlight in China. The US electric car company says the cause of the accident was an impact on the chassis, but that response is being questioned.
Nio EC6 scores high in China's most watched crash test
The Nio EC6, a vehicle that started to be delivered only a few months ago, is gradually increasing in sales. As for how safe it is, the latest crash test gives the answer.
Xpeng invested $7.7 million to establish new affiliated company
Xpeng has established a new affiliated company with a registered capital of RMB 50 million ($7.7 million), whose main business includes the research, development, and manufacturing of automotive parts.