Company Registration
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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.
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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.
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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.
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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.
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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.
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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.
