Phate Zhang
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Analyst says Tesla's annual deliveries may exceed target, shares could go as high as $1,000
With strong demand from the Chinese market, Tesla is not ruled out from exceeding its annual delivery target, which would support its share price to as high as $1,000, according to Wedbush Securities.
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CATL plans to invest $5 billion in lithium battery plant in Indonesia
The plant will be operational by 2024 and that CATL has signed an agreement with PT Aneka Tambang, Indonesia's state-owned mining company.
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European users will soon get their Binance Visa credit cards
In addition to the physical card launch in the EEA, Binance has added Ether (ETH) support to its crypto debit card so that customers can now pay with its tokens.
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Baidu jumps 5% pre-market after reports that it's considering building its own electric car
The report said Baidu has opened preliminary talks with Geely, Guangzhou Automobile Group and FAW Group's Hongqi, but no decision has been made.
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Deutsche Bank reiterates 'Buy' rating on NIO with $50 price target
After the announcement of an additional ADS offering, NIO shares have been trading lower for the past two days in a row. But in Deutsche Bank's view, this is not something to fear.
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Xiaomi launches new Kindle alternative with 7.8-inch e-ink screen and $167 price tag
Its screen has a resolution of 1872 X 1404 and a pixel density of 300ppi for a fine and clear display.
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Baidu reportedly considers building its own electric car
Baidu has opened preliminary talks with Geely, Guangzhou Automobile Group, and FAW Group's Hongqi, but no decision has been made, the report said.
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Xiaomi, BYD deny rumors of joint car manufacturing
The car was said to be a convertible electric model with a pre-order price of RMB 84,999 yuan.
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China has built 718,000 5G base stations, most in the world
As of late September, the cumulative number of terminal connections for 5G users in China had exceeded 100 million.
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Deutsche Bank initiates coverage of XPeng with Buy rating and $58 price target
The price target represents a 31 percent upside potential to the Chinese electric car company's Friday closing price of $44.31.