EV
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Analysts say NIO is the leading Chinese EV maker, with advantages becoming apparent
With NIO gaining popularity among investors in the capital markets, more Chinese analysts are joining their Wall Street peers to publish bullish report on the Chinese electric vehicle (EV) maker.
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XPeng says it expects its second production base to begin operations in 2022
Tesla's Chinese rival and Alibaba-backed XPeng Motors's second manufacturing base was settled in the Guangzhou Development Zone in September this year and is scheduled to start production by the end of 2022, the company said in a conference call after announcing its third-quarter results on Thursday.
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NIO stock rises above $50 pre-market, to report Q3 results on Nov 17
Boosted by its local peers' better-than-expected earnings report, Chinese electric vehicle (EV) maker NIO (NYSE: NIO) shares surged above $50 in pre-market trading session on Friday, hitting a new all-time high.
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Didi will reveal a model called D1 on Nov 16, possibly built with BYD
Chinese ride-sharing giant Didi will unveil a vehicle called the D1 on November 16, a poster released by the company today showed.
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Li Auto Q3 revenue beats estimates, shares surge about 20% pre-market
Chinese electric car maker Li Auto (NASDAQ:LI) posted third-quarter revenue of RMB 2.511 billion, which was well above the market's expectations of RMB 1.925 billion. The company reported a net loss of RMB 107 million for the third quarter, which was below market expectations of a loss of RMB 502 million.
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State media praises NIO-led battery swap model in two articles on same day
In its November 13 issue, the Economic Information Daily, a subsidiary of China's state-owned Xinhua News Agency, devoted a rare two-part article to the same topic, praising the NIO-led battery swap model as the trend of the future.
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Why NIO has become BYD's rival
In October, NIO (NYSE: NIO) announced that it had delivered 5,055 of its three models, a new sales high since the company's inception. Unfortunately, all of these cars are powered by the lithium-ion ternary batteries from CATL, China's largest automotive lithium-ion battery maker.
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Huawei unveils DriveONE, its first electric drive system
Huawei has recently announced an all-in-one electric drive system called DriveONE, which is also the industry's first hyper-converged power domain solution.
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GAC NIO to unveil new model on November 20
Chinese electric car maker GAC NIO will unveil a new model at the Guangzhou Auto Show, which opens on November 20, with specific information unknown at this time.
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China-made Tesla Model 3 production doubles in October compared to September
China-made Tesla Model 3 production almost doubled in October, which is also the second highest selling month for Tesla in China, according to Sina Tech.