Li Auto president says Tesla wins on energy network, but that has limitations
Tesla is winning in China because it has solved the charging problem, which is that the energy network can provide some degree of peace of mind to users, Li Auto co-founder and president Shen Yanan said today.
China's best-selling electric car isn't the Model 3, it's this model you'd never have thought of
The Hongguang MINI EV, which has only been on the market for a month, has already overtaken the Tesla Model 3 to become the best-selling electric car in China in August.
Nio's third car, EC6, arrives in stores in 10 Chinese cities to take on the upcoming Model Y
Nio today announced that the Nio EC6 has been shipped to Nio Centers in 10 cities across China this month, and interested consumers can visit these locations to find more about this new vehicle.
Tesla plans to ship China-made Model 3s to Europe, Asia
Tesla plans to ship Model 3s made at its Shanghai Gigafactory to other markets in Asia and Europe, Bloomberg reported Friday citing people familiar with the matter.
Analysts say China's new-energy vehicle industry trough is over
China's new energy vehicle sales were 109,000 units in August, up 11.7% QoQ and up 25.8% YoY, according to data released by the China Association of Automobile Manufacturers on September 10.
Nio affiliate sees changes in shareholders
The shareholders of Nio (Anhui) Holdings Ltd. have changed, with Anhui High-tech Industry Investment Co., Ltd. withdrawing and Anhui Sanzhong Yichuang Industrial Development Fund Co., Ltd. becoming a new shareholder, taking over a 2.756 percent stake in Nio (Anhui), according to the National Enterprise Credit Information System.
Nio-led battery swap model is about to get policy boosts in China
The Nio-led battery swap model is about to get policy boosts as the Shanghai Securities News reported that the Ministry of Industry and Information Technology (MIIT) is encouraging companies to develop battery swap model based on usage scenarios.
Huawei says over 20 automakers support HiCar, aims to get 5 million cars pre-installed next year
At today's Huawei Developer Conference, Huawei Consumer Business CEO Richard Yu said that Huawei HiCar has already cooperated with more than 20 manufacturers.
Nio shares up by more than 7% as Deutsche initiates coverage with buy rating
The shares of Chinese EV maker Nio went up by more than 7 percent to $18.30 in early trading on Wednesday after getting a bull rating from Deutsche Bank.
Huawei establishes new company to focus on electric vehicle technology
Huawei Electric Technology Co. was established on September 8 with a registered capital of 250 million yuan and legal representative Wang Jun, Tianyancha data showed.