EV

BYD shares traded in Hong Kong rose as much as 300% during the year.

NIO, Li Auto, XPeng, and WM Motor are the stars of the current crop of China's emerging electric car companies, and NIO in particular has recently gained popularity in the capital markets.

Tesla's Full Self-Driving (FSD) set of features now costs $10,000 to get, up $2,000 from before, according to Tesla's US website.

In the US stock market, there is a special group of stockholders. They were convinced by the charisma of the founder, and believed that its future could be comparable to Tesla.

Range anxiety is the most important factor preventing many people from buying an all-electric vehicle, but that anxiety could be largely alleviated if Chinese electric vehicle maker NIO (NYSE: NIO) were to launch this battery pack.

NIO and XPeng, two of the leading companies in the new Chinese car manufacturing industry, have a skill set previously reserved for Tesla.

The New Energy Vehicle Industry Development Plan (2021-2035) may be announced next week, and that electrification and intelligence have become irreversible strategic directions for the development of China's auto industry.

Chinese carmaker BYD reported third-quarter net profit of RMB 1.751 billion, up 1,362.66% year-on-year, the company reported on October 29.

From the earliest days of the company's business establishment, to the difficult financing of the start-up, and then to the cost advantage, BYD's business has grown by leaps and bounds. The first seven years of BYD's existence were a period of rapid and unstoppable growth.

The Zhaoqing factory of Chinese electric car company XPeng Motors (NYSE: XPEV) has recently changed its registered capital from RMB 500 million to RMB 1.5 billion, a 200% increase, Qichacha data showed.