Nio plans to build over 300 second-gen battery swap stations next year
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) plans to deploy more than 300 second-generation battery swap stations in China next year, the company's co-founder and president Qin Lihong said on Friday.
China-made Tesla Model Y has completed regulatory filing, using ternary batteries
China-made Tesla Model Y has completed its regulatory filing and the battery type is lithium-ion ternary batteries, documents released by China's Ministry of Industry and Information Technology showed on Thursday.
Kaixin Auto up 70% pre-market as it announces its subsidiary's proposed merger with Haitaoche
US-listed Kaixin Auto Holdings (KXIN.US) today announced the signing of a binding letter of intent to invest and a management restructuring with Haitaoche Limited on November 3.
Nio to launch 100kWh battery pack and BaaS plans on Friday
Chinese electric vehicle maker Nio (NYSE: NIO) will hold a media conference on November 6 to officially launch the 100kWh battery pack, giving users the option to choose from a range of battery sizes for different needs.
BYD reportedly plans to team up with SAIC-GM-Wuling for micro electric cars
BYD is talking with SAIC-GM-Wuling with plans to join forces to create micro electric vehicles for urban mobility, EVHui.com said, citing a source close to the two companies.
China's best-selling electric car sees one-day sales of up to 1,200 units in October
SAIC-GM-Wuling's Hongguang MINI EV, China's best-selling electric car, sold 23,762 units in October, up 18 percent from September, the company announced today.
CITIC Securities maintains 'buy' rating on BYD as Han models continue to sell well
On November 4, BYD released sales figures showing that the company sold 48,000 cars in October, up 16% year-on-year.
Nio confirms former Xiaomi chip chief is on board
A media report yesterday said that Bai Jian, former OPPO hardware director and general manager of Xiaomi's chip business, has joined Nio as vice president of hardware, reporting to Nio founder and chairman William Li Bin. Nio was quoted Wednesday by Sina Tech as saying that this is true.
Does Nio stock price surge reflect value or is it out of touch with reality?
Nio shares surged 6.54 percent to $35.50 on Tuesday, giving it a market capitalization of $48.3 billion, surpassing Frankfurt-listed BMW's €39.8 billion ($46.5 billion).
A new era has begun? Nio's market cap surpasses that of BMW
Nio's shares surged 6.54 percent to $35.50 on Tuesday, giving it a market capitalization of $48.3 billion, surpassing Frankfurt-listed BMW's €39.8 billion ($46.5 billion).