EV

Due to battery shortages, Audi temporarily suspended production of its electric SUV E-Tron.

Nio shares surged about 21% in pre-market trading after previous reports said its China headquarters will be located in Hefei and planned to raise 10 billion yuan.

In the previous financial report, Tesla disclosed the Model Y cross-border sports utility vehicle, which began mass production in January and is expected to begin delivery at the end of the first quarter.

Geely still have an intention to invest in Nio, especially after the failed acquisition of Aston Martin, Geely needs new projects to improve its strategic layout, 21st Century Business Herald quoted people familiar with the matter as saying.

Volvo's Polestar brand recently released a preview image of its new electric concept car, which is expected to officially debut at the 2020 Geneva Motor Show that is set to open on March 3.

Recently, Audi announced the power information of the Audi e-tron S and Audi e-tron S Sportback pictures. The latter's maximum power can be increased to 496 horsepower in a short time.

Chevrolet recently released a brand-new pure electric vehicle - Menlo EV in the Chinese market, which is its first pure electric vehicle in the Chinese market.

Tesla's Shanghai Gigafactory is expected to achieve a production capacity of about 12,000 vehicles per month, and this number will gradually rise, SH Observer reported quoting Sun Xiaohe, an official of the Management Committee of the Lingang New Area.

Nio announced that starting today, it will push the latest NIO OS version 2.5.0 vehicle system to the current system version 2.3.0 and above and ES8 owners.

Chinese electric vehicle start-up Leap Motor, co-founded by surveillance equipment maker Dahua Technology, said it will release an upgraded version of the LP-S01 460 version in the first half of this year. The new car will increase its battery range to 451km and will be delivered from March, it said.