Tesla fined 50,000 yuan in Beijing
Tesla (Beijing) Co Ltd was recently fined 50,000 yuan ($7,220) by the Beijing Chaoyang District Market Supervision Administration.
Xpeng P7 sees 1,641 deliveries in July
Chinese electric car company Xpeng Motors said today that 1,641 Xpeng P7 were delivered in July.
Nio delivers 3,533 cars in July, up by 322.1% year on year
Chinese electric vehicle (EV) maker Nio delivered 3,533 cars in July, up by 322.1% year-over-year.
Xpeng raises another $300 million in funding led by Alibaba
Less than half a month after raising $500 million in a Series C+ round, Chinese electric car company Xpeng Motors has raised another round of over $300 million in funding, according to 36Kr.
China's biggest property developer launches six cars
China Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, today unveiled its first batch of six vehicles in Shanghai and Guangzhou at the same time.
Nio's local rival Xpeng said to be in talks over $300 million in funding ahead of US IPO
Chinese EV maker Xpeng Motors, backed by Alibaba, is in talks to raise around $300 million in funding ahead of an initial public offering (IPO) in the U.S., CNBC reported on Friday citing two sources familiar with the matter.
What is the difference between Li Auto and Nio?
Chinese electric vehicle (EV) maker Li Auto closed at $16.46 on its first day of trading on Thursday in the U.S., up 43 percent. Li Auto's market capitalization reached $13.9 billion, trailing its local rival Nio's $14.4 billion.
Alibaba-backed EV maker Xpeng said to plan US IPO in August
Chinese EV maker Xpeng Motors, backed by Alibaba, plans a $700 million U.S. IPO in August, according to IFR, a Reuters media outlet.
Li Auto surges 43% in Nasdaq debut, almost equals Nio in market cap
Chinese electric vehicle (EV) maker Li Auto closed at $16.46 on its first day of trading in the U.S., up 43 percent from its IPO price of $11.50.
Nio's local rival Li Auto raises $1.1 billion in US IPO with $10 billion valuation
Chinese electric vehicle maker Li Auto has priced its American depositary receipts at $11.5 each in an initial public offering (IPO) on Nasdaq that will raise U$1.1 billion.
