Company Registration
Li Auto establishes new company in Beijing with registered capital of RMB 1 billion
Local media said earlier this month that Li Auto is planning to build a second factory, most likely in Beijing, where the company is headquartered.
Nio's JV with JAC has been officially established with registered capital of about $76 million
JAC would contribute RMB 255 million yuan, accounting for 51% of the total registered capital; Nio would contribute RMB 245 million yuan, accounting for 49%, JAC said previously.
Xpeng establishes new firm in Hefei with business scope including car rental services
Xpeng Motors has set up a new company in Hefei, home of Nio China's headquarters, with a registered capital of RMB 10 million yuan ($1.53 million), according to data provider Qichacha.
Xpeng establishes new firm with business scope including battery swap facility sales
Xpeng's models have non-removable batteries, but the company launched a similar battery rental program similar to Nio after the latter launched its iconic BaaS battery leasing service in August last year.
Xpeng establishes new financial and insurance services company
Chinese electric vehicle company Xpeng Motors has set up a new company in Tianjin to provide financial and insurance services, local media reported.
Nio sets up battery asset company, CATL has taken a stake
The Nio-led battery asset management company, Wuhan Weineng Battery Asset Co. has been established on August 18, according to data provider Qichacha.
