China's July sales of new energy vehicles up 19.3 percent year-on-year

China's passenger car sales in July rose 8.5% year-on-year, while sales of new energy vehicles rose 19.3%, according to the China Association of Automobile Manufacturers.

Here's how China's largest real estate developer makes cars

After releasing six new energy vehicles, China Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, revealed the inside of its two fully automated plants in Shanghai and Guangzhou for the first time.

Chinese Tesla rival Xpeng files for US IPO, trading expected to begin in August

Chinese EV maker Xpeng Motors, backed by Alibaba and a major rival of Tesla in China, has filed for a US IPO and is expected to list on the New York Stock Exchange under the symbol "XPEV" as soon as August.

Can Nio surprise the market with record quarterly sales?

Nio will report its second-quarter 2020 results on August 11, before US stock markets open.

Li Auto market cap approaches Nio, why is it favored by capital markets?

Just a week after its IPO, Li Auto's market capitalization is approaching that of Nio, which has been traded on the US market for nearly two years.

Bernstein initiates Nio rival Li Auto coverage with outperform rating

The analysts of Bernstein have rated Li Auto, a Chinese EV maker that went public one week ago in the US, with an outperform rating in their initial coverage.

Nio rival Li Auto responds to a highway fire in its vehicle

A Li ONE on the Guangdong Expressway caught fire at around 16:09 on August 6, 2012, causing concern about the safety of driving an EV. 

Boosted by Tesla, Shanghai new energy vehicle production up 126.9% year on year in H1

Driven by Tesla's production, Shanghai's output of new energy vehicles reached 70,400 units in the first half of the year, soaring 126.9 percent year-on-year, data from the China Passenger Car Association (CPCA) showed.

Driverless technology expected to save Didi 100 billion yuan a year in driver costs

5G will bring important changes to travel, and Didi Chuxing could save more than 100 billion yuan a year with automated driving, according to Yang Minghui, President of CITIC Securities, China’s biggest broker. 

CATL becomes major supplier of Mercedes-Benz

Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, and Mercedes-Benz today announced that they are strengthening their partnership in the field of battery technology.
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