Tesla in spotlight in China as Model 3 spontaneously combusts and explodes in garage
"We presume the cause of the fire was the impact on the vehicle's high-voltage battery at the bottom triggered internal cell damage and short circuit," Tesla said.
Analyst says test drives show Xpeng's XPILOT on track to deliver L3 functionality
With Xpeng's Navigation Guided Pilot (NGP) getting positive feedbacks, analyst believes the Chinese EV maker's XPILOT is on track to deliver L3 functionality.
Nio's second plant enters construction bidding phase
Construction of Nio's second plant has entered the construction bidding stage, a month after a tender notice for clearing the land for the plant was issued.
Tesla says it hopes to launch model developed by in China and market them globally
Tesla said the company has been investing resources in localizing its China business chain. To that end, the company is also continuing to attract outstanding domestic talent in body design, vehicle engineering and development, and Autopilot automated assisted driving.
Tesla responds to Model Y price cut in China for first time
Tesla says its move regarding the Model Y in China is not a price cut, but the first sale of the China-made version, according to Beijing News.
Volkswagen's first all-electric SUV available for pre-order in China, with prices starting at about $30,854
FAW-Volkswagen announced on January 19 that it has opened pre-orders for its first all-electric SUV, the ID.4 CROZZ, and announced a starting price of RMB 199,900 ($30,854) after subsidies.
Jefferies initiates coverage on Nio with Hold rating and $60 price target
Jefferies called Nio "China's icon for luxury BEVs," saying investors' expectations are high given the company's new model and better introduction during Nio Day earlier this month.
Tencent becomes latest tech giant to set foot in auto industry
After Baidu announced it would form a new energy vehicle company, Chinese social media giant Tencent is also getting involved in the field.
Nio announces closing of convertible notes offering, raising amount to $1.5 billion
The amount was raised because of the exercise in full by the initial purchasers in their option to purchase up to an additional $100 million in the 2026 notes and $100 million in the 2027 notes.
WM Motor founder says Baidu's entry into car-making industry a good thing
He said that Baidu is WM Motor's largest external shareholder and that the latest W6's autonomous driving technology was jointly developed by the two companies, using Baidu Apollo's cloud-based computing power.