Volkswagen to equip China-made new energy vehicles with CATL batteries this year
Starting this year, Volkswagen will equip domestically produced new energy vehicles with batteries from CATL, China's largest automotive lithium-ion battery maker, Volkswagen Group (China) CEO Stephan Wöllenstein revealed during the World New Energy Vehicle Congress 2020.
Former Huawei VP and Niu founder chooses extended-range electric vehicle for his new venture
Li Yinan, founder and former CEO of Niu Technologies, a China-based, US-listed maker of electric scooters, has now quietly entered the new energy vehicle industry after being out of the public eye in China for a long time.
Nio's William Li says they'll overtake Tesla one day
Nio founder William Li Bin was recently asked in an interview with Chinese media that he had mentioned in 2018 that it was not difficult for Nio to overtake Tesla, what's his new take on it now?
Tesla China hiring heavily for local R&D, Model Y to be made in China in Q1
Speaking to the media at the Shanghai Pudong Auto Show on September 28, Tesla vice president Grace Tao said the company is accelerating localization.
Nio to raise its stake in Nio China to 86.5% from 84.5%
Nio said today that it will sign an agreement worth $600 million to subscribe for additional registered capital in Nio (Anhui) Holdings Limited.
Xpeng raises RMB 4 billion in new funding, builds new factory in Guangzhou
Tesla's Chinese rival Xpeng Motors said the Guangzhou Development Zone Management Committee has agreed to provide it with 4 billion yuan in financing to help it establish a manufacturing base in Guangzhou and fuel its expansion.
Nio, Li Auto, and Xpeng, why Chinese EV startups are choosing to go public in US?
After Nio, Chinese electric car startups Li Auto and Xpeng both went public in the US this year. Why did they all choose to go public in the US and not in Hong Kong or Chinese mainland?
Nio will build 30,000 destination charging stations, what does that mean?
Nio on Saturday announced its Power Up Plan, which aims to deploy more than 30,000 destination DC charging stations in China with a total subsidy of 100 million yuan.
Huawei says it will invest $500 million in cars this year, not considering profits in short term
Huawei rotating chairman Xu Zhijun said on September 25 that Huawei's smart car solutions BU will invest more than $500 million this year and is not considering profitability at the moment.
Xpeng releases its first flying car, which could cost as much as a luxury car
At the 2020 Beijing auto show, Chinese EV maker Xpeng Motors announced the formation of a new company, Xpeng Huitian, whose core business is the creation of low-flying cars. The first ultra-low-flying car, the Voyager T1, made by the company was also launched.