China's biggest property developer says its new energy vehicles will be mass-produced in H2 next year
The first six Hengchi-branded vehicles will start trial production in the first half of next year and will be mass-produced in the second half, China Evergrande NewEnergy Vehicle Group president Liu Yongjue said.
Chinese owner says European owners' vehicles appear in his Tesla app
A Tesla owner in China recently said that his Tesla mobile app can see all the information of other vehicles far away in Europe and he can remote control them.
Tesla's Chinese rival Xpeng expands its share sale in upcoming US IPO
Tesla's Chinese rival, Alibaba-backed EV maker Xpeng Motors is expanding the size of its share sale and pricing the shares above a marketed range, raising about $1.5 billion in a U.S. initial public offering, according to Bloomberg.
Li Auto shares surge 28% to record high
Chinese EV maker Li Auto shares surged 28.25 percent to close at $23.38 on Wednesday, a record high since its IPO, pushing its market capitalization to $19.55 billion.
Chinese investment bank CICC raises its Nio target price again, as it sees three benefits of BaaS
Nio recently launched its BaaS (Battery as a Service) battery rental service. Chinese investment bank CICC believes that this will improve the company's gross margin, thus injecting new momentum into its car sales and performance improvement.
Nio stock soared 19%, what happened?
The ADR shares of Chinese electric car company Nio soared to an all-time high on Tuesday as more and more skeptics turned into its believers.
Xpeng plans to raise $1.28 billion in US IPO, priced above range
Tesla's Chinese rival, Alibaba-backed EV maker Xpeng Motors plans to raise $1.28 billion in an IPO on the New York Stock Exchange, priced above the initial range, according to IFR.
Nio shares surge 19% as UBS raises its rating from 'sell' to 'neutral'
UBS raised its rating for Chinese EV maker Nio from "sell" to "neutral", bumping its price target from $1.00 to $16.30 which represents a jump of 1,530%.
Is Nio's battery swap mode commercially viable?
On August 20, Nio officially launched its Battery as a Service (BaaS), which provides a new way to purchase a vehicle with a separate body and battery, allowing users to purchase a Nio without purchasing a battery pack.
Tesla takes a subtle jab at Nio's body-battery separation mode
The recent launch of Nio's BaaS (Battery as a Service) battery rental service in China has raised a lot of eyebrows. In an article published on Monday, Tesla China made a veiled dig at the model as being inferior to its unibody model.