Analysts raise BYD's price target, optimistic about Han's sales prospects
CITIC Securities raised the target price to 139 yuan / 159 HKD (the original target price of 94.9 yuan / 103.5 HKD), continue to focus on recommendations, maintain a "buy" rating.
Li Auto to partner with NVIDIA, in-car computing hardware expected to ditch Mobileye
Li Auto will sign a strategic partnership with NVIDIA and Huizhou Desay SV Auto on September 22, 2020 at the Li Auto Beijing Delivery Center, according to autohome.com.
Bridgewater Associates, world's largest hedge fund, now owns Nio stock
Bridgewater Associates, the world's largest hedge fund run by billionaire investor Ray Dalio, is now holding shares in Chinese EV maker Nio, despite in a small amount.
Nio starts shipping EC6 from factory, first owners to get deliveries soon
Nio said today that its third mass-produced vehicle, the EC6, has started shipping out of the factory and will be delivered to owners soon.
Evergrande's car making arm plans IPO on Shanghai STAR market
Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, announced on September 18 that it intends to issue RMB shares on China's Nasdaq-style sci-tech innovation board, also known as the STAR market.
Nio exec says 92% of its parts come from China
Nio gets about 92 percent of its parts from local production and 8 percent from imports, Shen Feng, Nio executive vice president and chairman of the global quality committee, said at an event in Nanjing on September 16.
Baidu Apollo launches first L4 self-driving Robobus in Chongqing
Baidu was awarded 10 licenses to operate autonomous driving human testing in Chongqing, where Baidu Apollo and King Long collaborated to launch Robobus, an L4 autonomous vehicle.
WM Motor and Apple launch Apple Watch dials for remote vehicle control
Chinese electric vehicle startup WM Motor has teamed up with Apple to launch exclusive dials for the Apple Watch Series 6, becoming the first company in China to customize the Apple Watch so that users can control their vehicle remotely by lifting their hands.
Nio is China's best quality brand for electric cars, ahead of Tesla, report shows
Nio is the best quality electric vehicle sold in China, ahead of the Tesla, according to a report released today by market research firm J.D. Power.
Nio's local rival WM Motor reportedly secures 1 billion yuan in new financing
Chinese electric vehicle startup WM Motor has completed its Series D round of financing, led by Hefei Industrial Investment and Guidance Fund Co. with an investment of 1 billion yuan, according to the Beijing News.
