Nio announces closing of 68 million ADS offering at $39 per Share
Nio said the underwriters will exercise their option to purchase the additional 10.2 million ADSs in full.
Xpeng delivers first electric vehicles in Norway
Xpeng President said the company will enter more European countries with its products, but will spend the next 12 months deciding which markets to explore next and laying the groundwork for sales.
Changan plans to launch 25 smart new energy vehicles by 2025
Changan Automobile will follow the guidelines of the Shangri-La Project and plans to launch a total of 25 smart new energy vehicles by 2025, the company said today during an exchange with investors.
Huawei and Chery signed agreement to help the latter build smart cars
The two sides will jointly study and explore innovative 5G application scenarios and carry out in-depth cooperation in 5G+V2X, vehicle-road coordination and autonomous driving, the companies said.
Pinduoduo merchant sells Rolls-Royce with a discount of RMB 1.22 million
So far, more than 100,000 users have expressed their "desire to buy" the car.
Analysts say China's NEV industry at the start of golden decade, but give Nio, Xpeng, Li Auto 'sell' ratings
Capital market enthusiasm has driven the industry to over-valuation, the analysts say.
GAC's graphene battery, with charging speed comparable to refueling, to be tested at year-end
It can achieve a charging speed comparable to refueling, with an 8-minute 80% charge and a 10-minute charge to achieve a range of 200-300 kilometers.
Daiwa Capital gives Nio 'Buy' rating and $59 price target
Nio has risen more than 1,000 percent this year, but Daiwa Capital thinks the stock has not yet peaked, giving it a "buy" rating and a $59 price target in a recent report.
China's new energy vehicle sales expected to grow 40% to 1.8 million units next year
The subsidy policy for new energy vehicles in China will be completely withdrawn in 2-3 years.
Model 3 is the most recommended NEV in China in its price range, survey shows
The survey selected four new energy vehicles in the same price range with high consumer interest, including the Model 3, BYD Han, Xpeng P7, and WM Motor EX5.