EV
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Nio shares plunge after Goldman downgrades to sell over valuation concerns
Shares of U.S.-listed Chinese EV maker Nio went down by more than 11 percent in early market trading after Goldman Sachs turned bearish on the company.
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Tesla's new car registrations in China jumped 32% in June to record high
A total of 14,976 China-made Model 3s were registered in China in June, an increase of 32 percent over the same period of last year, according to autoinfo.org.cn.
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China has 558,000 public charging stations, most in the world
By the end of June 2020, China had a total of 558,000 public charging stations, ranking first in the world, according to data released today by the National Energy Administration.
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Nio, Tesla racing to open stores in China's lower-tier cities
On June 27, Nio opened a NIO Space at Deyang Wanda Plaza, which is Nio's 127th offline store.
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Tesla caught misquoting XPeng's video in article introducing its traffic light recognition capabilities
In a Chinese article today describing its Autopilot traffic light recognition capabilities, Tesla misquoted a video from its Chinese competitor XPeng that introduces similar capabilities.
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BYD says it has sold more than 250 electric double deckers in UK
Chinese auto giant BYD said today that it has delivered 29 all-electric double deckers to Britain's bus operator National Express in cooperation with local bus builder Alexander Dennis Limited (ADL).
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Nio shows how it builds the Nio ES6 in video
Chinese EV maker Nio today released a video of the production inside its Hefei factory, allowing the outside world to witness how the Nio ES6 car is made.
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Nio may announce EC6's price at Chengdu Auto Show, delivery slated for September
Chinese EV maker Nio's mid-size electric SUV, the EC6, will be priced and launched during the Chengdu Motor Show, with deliveries scheduled for September, industrious media xcar.com.cn said citing unofficial sources.
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Nio sees most insurance registrations for all-electric SUVs in China in June
Nio was the brand with the most insurance registrations for all-electric SUVs in China in June, data released today by the China Automotive Technology Research Center showed.
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CATL to supply batteries to Tesla's Shanghai plant from this month
Starting this month, Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, will supply power batteries for Tesla's Shanghai Gigafactory, the Beijing News quoted CATL sources as saying.