Xpeng chairman expects several tech companies to enter car-making industry this year
He said that several tech companies may become new car makers in different models this year, which will have a very positive accelerating impact on the arrival of a new mobile ecosystem.
Li ONE becomes best-selling new energy SUV in China in 2020
CICC said last week that it is optimistic that Li Auto sales will continue to trend upward quarter by quarter in 2021, with full-year sales expected to reach 80,000 units.
Tesla sells 23,804 Model 3s in China in Dec, up 10 percent from Nov
December sales of emerging carmakers including Nio, Li Auto, WM Motor, Xpeng Motors, Hozon Auto, and Leap Motor also performed well year-on-year, the CPCA said.
Nio rises 13% in Frankfurt as launch of first sedan spurs bullish sentiment
Nio's ADR is now trading up 12.95 percent in Frankfurt, Germany, after the company unveiled its first sedan, the ET7, over the weekend.
Tesla reportedly hiring design director in China to develop cars for local market
The candidate also needed to be familiar with Chinese consumer tastes and be able to bridge the cultural differences between the US and China.
CICC says Nio's NAD starts new hardware race, raises price target by 42% to $85
CICC believes that the new products and services announced at the event exceeded market expectations and will also have a positive impact on the company's operations and share price.
In addition to providing production support, Geely will allow Baidu to use its supply chain procurement system
Geely will support Baidu with technology, production capacity, engineering, manufacturing, and quality control, and the new company will also use Geely's supply chain procurement system.
Nio's solid-state battery supplier may be CATL, China's largest automotive lithium-ion battery maker
CATL, China's largest automotive lithium-ion battery maker, may be the supplier of Nio's solid-state battery, China Securities Journal said Monday, citing an unnamed source.
Nio is finally thinking about saving money as ET7 eliminates AC charging port
William Li Bin said it is cost-effective and will be able to save Nio a lot of cost per year after eliminating this interface.
Baidu officially announces its entry into car-making industry
The newly formed automaker, with its name still unknown, will target the passenger car market and will focus on the entire industry chain of smart car design and development, manufacturing, and sales and service.