EV
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Li ONE reportedly has another 'broken axle' accident after recent massive recall
The "broken axle" accident again haunts Li Auto, putting the Chinese electric car company back into the spotlight after recently announcing a massive recall.
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Evergrande's car making arm starts trial production, says it can produce a car per minute in the future
The Shanghai and Guangzhou production bases of Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, have recently started trial production, marking a step closer to getting the new Chinese EV maker's products to the public.
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XPeng Q3 revenue beats expectations, gross margin turns positive for first time
Chinese EV maker XPeng posted revenue of RMB 1.99 billion in the third quarter, higher than market expectations of RMB 1.9 billion, the company said today in financial results for the third quarter ended September 30, and expects fourth-quarter revenue of about RMB 2.2 billion.
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BYD's new A+ sedan design sketches revealed
In order to further increase its model portfolio, BYD will launch a new A+ class sedan, according to mydeivers.com. BYD currently has popular sedan models including Qin, Han, and SUV models including Song, Yuan, Tang which are all named after China's dynasties.
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Leading VC explains why they are betting heavily on China's smart EV sector including Li Auto and XPeng
In a report released today, Matrix Partners China, a leading venture capital (VC) firm that has backed major Chinese tech firms at their early stages, says it is not surprised by the popularity of electric vehicles in China today, as it very much recognizes the underlying revolution that smart electric vehicles will bring.
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China's October new energy vehicle sales double from same month last year
A total of 160,000 new energy vehicles were sold in China in October, up 104.5% year-on-year, data from the China Association of Automobile Manufacturers showed on Wednesday.
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Li ONE continues to top China's new energy SUV sales with 3,438 insurance registrations in October
The Li ONE, the only model of Chinese electric vehicle maker Li Auto (NASDAQ: LI), saw 3,438 insurance registrations in October, according to data released by the Beijing CATARC Data Technology Center on November 10.
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NIO and Tesla are starting to face each other
"Now that NIO's average unit sales price is about RMB 150,000 higher than Tesla's in China, our customers are not quite the same class of user as Tesla, and there's a significant differentiation in the brand range," NIO founder, chairman and CEO William Li Bin said at the launch of NIO's 100-degree battery pack on November 6.
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Tesla extends multimedia memory card warranty on select Model S, X models
Tesla said today that it is adjusting its 8GB embedded multimedia memory card (eMMC) warranty from four years or 80,000 km, whichever comes first, to eight years or 160,000 km, whichever comes first, for Model S and Model X manufactured before March 2018.
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NIO ES6 tops pure electric SUV sales in China for 13th straight month in October
The number of NIO models registered for insurance in China went up 94% year-on-year to reach 4,880 in October, with the ES6 and ES8 being the top two pure electric models in the ranking, the latest data showed.