Electric Vehicle
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Morgan Stanley raises Tesla target price to $1200 from $650
Tesla's target share price has been raised from $650 to $1200 by Morgan Stanley analyst Adam Jonas, who was previously bearish on Tesla.
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Tesla will design batteries on its own, report says
Tesla will develop new batteries on its own, and it is expected that specific information such as battery composition will be announced at the battery investor meeting in April, Chinese media E-Company quoted unnamed Tesla sources as saying.
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Nio shares surge 5% pre-market after Geely investment report
Nio shares rose 7% in pre-market trading on Tuesday, after report said China's largest domestic car maker, Geely Automobile, is planning to invest in it.
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Tesla in talks to use CATL batteries in China-made cars, report says
Tesla is in advanced stages of talks to use batteries from Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, in cars made at its China plant, Reuters reported citing people familiar with the matter said.
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Xpeng P7 rear drive long-range model declaration photo appears
Chinese electric car startup Xpeng Motors released the Xpeng P7's rear-drive long-range sedan in December with a pre-sale price of 240,000 yuan.
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Hillhouse Capital, Nio's 3rd largest shareholder at IPO, clears shares
As of December 31, 2019, Hillhouse Capital no longer holds shares in Chinese electric vehicle maker Nio, according to documents submitted to the US Securities and Exchange Commission.