Tesla recalls 36,126 imported Model S and Model X vehicles in China
The recall includes 20,428 units of some imported Model S vehicles with production dates between September 18, 2013 and February 20, 2018, and 15,698 units of some imported Model X vehicles with production dates between March 12, 2016 and February 16, 2018.
BYD Han sells 12,103 units in January, above 10,000 for 3 consecutive months
Sales of the model increased 0.12 percent in January compared to December, and 52,659 units have been sold since its launch in July 2020.
Meituan's founder said to have once borrowed $285 million from Goldman Sachs to invest in Li Auto
Wang Xing, the founder, and CEO of China's online service super-app Meituan, at one time, pledged his shares in Meituan to Goldman Sachs and borrowed $285 million to invest in Chinese EV maker Li Auto, according to a veteran media personality.
BYD reportedly to build electric super coupe
Chinese automaker BYD is said to be building an electric super coupe, internally codenamed R2, with very high power performance and a sports car look, according to Autohome.
Xpeng sends second batch of 209 G3 SUVs to Norway
Chinese EV maker Xpeng Motors said on February 4 that the second shipment of 209 Xpeng G3 SUVs has recently departed Guangzhou for Europe, following the export and delivery of the first 100 G3s to Norway in 2020.
Chinese power battery maker Svolt Energy to mass produce first cobalt-free batteries
Svolt Energy, a battery maker owned by Chinese automaker Great Wall Motors, announced that the material of cobalt-free cathode, the core material required for cobalt-free batteries, began to be produced in volume at its Changzhou materials plant.
Nio to acquire 3.305% of Nio China's stake for RMB 5.5 billion
Chinese electric vehicle maker Nio said today it entered into an agreement to purchase 3.305% of Nio China's stake for RMB 5.5 billion from two of the minority strategic investors that invested in Nio China in April 2020.
Li Auto comes into spotlight with another accident
Li Auto is back in the spotlight again after a video showing a moving Li ONE suddenly losing control went viral among Chinese Internet users.
Xpeng may launch lower-priced P7 with lithium iron phosphate batteries
Chinese automaker Xpeng Motors may launch a lower-priced P7 with CATL's lithium iron phosphate batteries, a regulatory filing shows.
LinkedIn job posting suggests Nio accelerating its entry into US market
A recent LinkedIn job posting by Chinese electric vehicle maker Nio suggests that it may be accelerating its plans to enter the US market.