Li Auto market cap approaches Nio, why is it favored by capital markets?
Just a week after its IPO, Li Auto's market capitalization is approaching that of Nio, which has been traded on the US market for nearly two years.
Bernstein initiates Nio rival Li Auto coverage with outperform rating
The analysts of Bernstein have rated Li Auto, a Chinese EV maker that went public one week ago in the US, with an outperform rating in their initial coverage.
Nio rival Li Auto responds to a highway fire in its vehicle
A Li ONE on the Guangdong Expressway caught fire at around 16:09 on August 6, 2012, causing concern about the safety of driving an EV.
Boosted by Tesla, Shanghai new energy vehicle production up 126.9% year on year in H1
Driven by Tesla's production, Shanghai's output of new energy vehicles reached 70,400 units in the first half of the year, soaring 126.9 percent year-on-year, data from the China Passenger Car Association (CPCA) showed.
Driverless technology expected to save Didi 100 billion yuan a year in driver costs
5G will bring important changes to travel, and Didi Chuxing could save more than 100 billion yuan a year with automated driving, according to Yang Minghui, President of CITIC Securities, China’s biggest broker.
CATL becomes major supplier of Mercedes-Benz
Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, and Mercedes-Benz today announced that they are strengthening their partnership in the field of battery technology.
Tesla rival Xpeng said to have raised $400 million ahead of US IPO
Chinese electric car maker Xpeng Motors, a major Tesla rival, has raised $400 million ahead of an initial public offering (IPO) in the US, CNBC reported Wednesday citing two sources familiar with the matter.
Nio enters into strategic partnership with Chinese retail giant Suning
Nio today signed a strategic cooperation agreement with Chinese retail giant Suning to collaborate in the areas of channel expansion, product sales, consumer services, branding, technology products and development.
Chinese investment bank CICC raises Nio price target to $15
Chinese investment bank CICC raised its price target on Nio as the Chinese EV maker added a record number of new orders in July.
Is Nio's Battery as a Service model a good business?
At the 2020 Chengdu Auto Show on July 24, Nio founder Li Bin described his vision for BaaS (Battery as a Service).
