Li Auto delivers a record 2,711 units of Li ONE in August
Li Auto delivered 2,711 Li ONEs in August, a new monthly record. For the period January-August 2020, Li ONE deliveries totaled 14,656 units.
Initial project for China-made Model Y to be completed in March next year, Tesla report shows
Tesla's Shanghai Gigafactory has released the environmental assessment report for the initial project of its new model, which means that the pre-production preparations for the China-made Model Y will begin soon.
Xpeng launches battery rental program similar to Nio BaaS
Alibaba-backed Xpeng Motors, which recently went public in the US, announced the launch of a new battery leasing service.
Nio to get 5G-V2X supply starting next December, ET7 sedan will be first to adopt it
Ningbo Joyson Electronic's subsidiary, Junlian Zhixing, has become a supplier for Nio's 5G-V2X (Vehicle to Everything) platform with the project worth about 660 million yuan ($96 million), which includes 5G-TBOX and 5G-VBOX for V2X.
In China, 9% of new energy vehicles sold by their owners in less than a year
Compared to fuel vehicles, the replacement cycle of new energy vehicles is significantly shorter, a new report shows.
Nio's first battery swap station in southeast coastal city Xiamen put into use
Nio's first battery swap station in Xiamen, China's southeast coastal city, was put into operation on August 29, which is the Chinese EV maker’s 145th battery swap station in China.
Li Auto founder slams doubts about its extended-range technology as nonsense
In response to doubts about Li Auto's choice of the extended-range technology route, the Chinese EV maker's founder Li Xiang gave a stern rebuttal in a speech at Li Auto's user day on August 29.
Nio pulls out of JV with Changan Automobile
Nio has exited from the joint venture it created two years ago with Changan Automobile, the latter's semi-annual report for 2020 released August 31 showed.
BYD's first production line for blade battery expected to start trial production by year-end
As its blade battery production base, the main production plant of BYD's Ningxiang power battery production base project has been topped off, local media reported, adding the project is expected to start the installation of equipment before October 15, and the first production line's trial production will begin before December 15.
Nio boosts share sale by 18% amid EV stock frenzy, raising $1.7 billion
Chinese EV maker Nio boosted its additional share issuance by 18 percent as investors rush to buy stocks by electric vehicle makers including Tesla, Xpeng Motors and Li Auto.