Electric Vehicle
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NIO, XPeng in-vehicle system offline due to operator network failure
The vehicles of Chinese EV makers NIO (NYSE: NIO) and XPeng Motors (NYSE: XPEV) were affected by the network failure of telecommunication carriers, which caused inconvenience to their car systems.
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CNBC's Jim Cramer: I'm not going to fight you if you like NIO
CNBC's "Mad Money" host Jim Cramer said he recognizes NIO has been a hot one and"I'm not going to stick my neck out, but I'm not going to fight you if you like NIO."
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Chinese ministry says supports development of charging and battery swap models
China supports the two development models of new energy vehicles, charging and battery swap, to create a favorable environment for the promotion and application of new energy vehicles, China's Ministry of Industry and Information Technology said in a reply letter to a proposal by a member of the Chinese People's Political Consultative Conference (CPPCC).
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China-made entry-level Model Y expected to drop to RMB 275,000, analysts say
From Tesla's pricing strategy overseas, the price difference between Model Y and Model 3 is only 6-9%, so after the China-made Model Y goes into production, the Model Y's entry price is expected to drop to 275,000 yuan ($40,860), Tianfeng Securities said in a recent research paper.
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Citi upgrades NIO's stock rating to 'Buy'
Citi analyst Jeff Chung upgraded the stock rating of Chinese EV maker NIO (NYSE: NIO) from "Neutral" to "Buy" with a price target of $33.20 from $18.10.
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Volkswagen to debut electric compact SUV ID.4 in China on Nov 3
Volkswagen's new all-electric compact SUV, the Volkswagen ID.4, will be released in China on November 3, according to industry media Evzhidao.com.
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NIO rival Li Auto in spotlight as Li ONE with driving assist on hits truck at high speed
Recently, news of a collision between a Li ONE, the only model by Chinese electric vehicle (EV) maker Li Auto (NASDAQ: LI), with driving assist on and a truck has sparked concern in China.
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NIO stock surges more than 8% pre-market as JP Morgan sharply raises price target to $40
The shares of Chinese electric vehicle (EV) maker NIO (NYSE: NIO) rose by more than 8 percent in pre-market trading on Wednesday after JP Morgan's bullish rating.
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JP Morgan sharply raises NIO price target to $40, representing 85% upside potential
JP Morgan gave NIO an Overweight rating and admitted that "we missed the stock's major rally YTD."
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Chinese EV startup ENOVATE raises over 5 billion yuan in new funding, plans 2021 IPO
Chinese electric car startup ENOVATE has received another multi-billion dollar blood transfusion after completing an over RMB 2 billion round of funding from Shanghai Electric in April 2019.