Baidu jumps 5% pre-market after reports that it's considering building its own electric car
The report said Baidu has opened preliminary talks with Geely, Guangzhou Automobile Group and FAW Group's Hongqi, but no decision has been made.
Deutsche Bank reiterates 'Buy' rating on Nio with $50 price target
After the announcement of an additional ADS offering, Nio shares have been trading lower for the past two days in a row. But in Deutsche Bank's view, this is not something to fear.
Xiaomi, BYD deny rumors of joint car manufacturing
The car was said to be a convertible electric model with a pre-order price of RMB 84,999 yuan.
Deutsche Bank initiates coverage on Xpeng with Buy rating and $58 price target
The price target represents a 31 percent upside potential to the Chinese electric car company's Friday closing price of $44.31.
Chinese display giant BOE shows off its innovations at Nio
BOE did not specify whether all of these technologies are used in Nio's cockpit but mentioned that it and Nio have continued to work together in recent years to create an interactive, warm, and user-friendly intelligent cockpit.
Nio shares fall 6% pre-market after pricing additional ADS offering at $39
Shares of Chinese EV maker Nio fell 6 percent to $39.46 in pre-market trading after pricing its additional ADS offering at a discount of about 7 percent to Friday's close.
Leapmotor acquires traditional automaker to gain production qualification
Chinese EV startup Leapmotor has acquired Fujian New Forta Automobile Industry Co., Ltd. in a move that the industry believes is intended to solve its production qualification issue.
SAIC's high-end EV brand partners with CATL to develop cars with range of up to 1,000 km
The battery's energy density will be 30-40 percent higher than the current industry-leading level and can achieve a maximum range of about 1,000km and zero decay for 200,000 km.
Shanghai govt meeting adopts plan that will accelerate development of new energy vehicle industry
The Shanghai government held an executive meeting today to decide that it will accelerate the development of the local new energy vehicle industry.
Nio signs agreement with State Grid subsidiary to build 100 charging and battery swap stations by 2021
They will strive to achieve at least 100 million kWh of clean electricity for new energy vehicle users in 2021, and promote the low carbonization of the whole life cycle of new energy vehicles.