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Deutsche Bank reiterates 'Buy' rating on NIO, expects continued growth in deliveries
The analyst said investors are expected to see strong monthly deliveries, benefiting from demand for NIO's new EC6 electric SUV and the company's 100 kWh battery.
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Tesla does not select CATL as China-made Model Y battery supplier, report says
Currently, battery suppliers for the China-made Model 3 include both CATL and LG Chem.
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Xiaomi President says Huawei's sale of Honor has no impact on its strategy
On November 17, Huawei announced the sale of the Honor brand. After the sale, Huawei no longer holds any shares in the new company.
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Xiaomi's Q3 revenue up 34.5% year-on-year, highest growth rate in two years
Xiaomi's smartphone revenue reached RMB 47.6 billion in the third quarter, up 47.5% year-on-year, and smartphone shipments increased by 45.3% to 46.6 million units.
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Supercar that accelerates from 0-100 km/h in 1.9 seconds to be launched in China on Nov 30
The Gemera has 1.27 megawatts of power and 3,500 Nm of torque, with a power output of 1,700 hp. It accelerates from 0-100 km/h in 1.9 seconds and can accelerate to 400 km/h in less than 20 seconds.
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China's A-share listed company makes $1.37 billion from Li Auto investment
Leo Group, which is listed on the Shenzhen Stock Exchange, recently said on a platform to communicate with investors that it holds 343,316,240 Li Auto ADSs through a wholly owned subsidiary in Hong Kong at an investment cost of RMB 450 million. As of November 23, the company held Li Auto shares with a market value of about RMB 9.8 billion.
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Report says China's 5G packages have dropped to under $15
The price of 5G cell phones in China has fallen sharply, and 5G package prices have also fallen to less than RMB 100 (about $15), according to the blue paper "China Internet Development Report 2020" released Monday.
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CICC comments on Chinese EV trio's Q3 results: Continued improvement in operations
In the third quarter, China's new energy vehicle market has gradually emerged from the impact of less subsidy and Covid-19, and the penetration rate of the new energy vehicle market has been increasing.
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GAC expects graphene batteries that can be charged to 85% in 8 mins to begin testing at year-end
If the final data is true, the charging time will be comparable to the refueling time of traditional fuel cars, which will also be a technological revolution for new energy vehicle batteries.
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China's top investment bank CICC explains why NIO, Li Auto, XPeng are successful
From the experience of NIO, Li Auto, and XPeng, success in the new energy vehicle market requires the ability to build their own distinctiveness.