EV
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Is cash-strapped Nio a good asset?
If an individual now meet Nio founder Li Bin and provide him with 100 million yuan invest, will Li Bin accept it?
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Tesla agrees to buy CATL batteries for China-made Model 3s, report says
Tesla has agreed to buy prismatic lithium-iron phosphate batteries from Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, for its shorter-range Model 3 cars in China, the Financial Times reported on Wednesday citing people familiar with the matter.
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CATL says co-op with Tesla only at stage of intent
Responding to the Tesla battery report, Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, said today the current cooperation with Tesla is only in the phase of intent agreement, and the specific details have not been determined.
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Geely will invest $300 million in Nio and make cars for it, report says
It's almost certain that Geely Automobile, China's largest domestic car maker, will invest $300 million in Nio, Autocarweekly quoted sources as saying.'
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Xpeng sets up new energy investment firm with 100M investment
Chinese electric car startup Xpeng Motors has recently established the Zhaoqing Xpeng New Energy Investment Co., Ltd., with a registered capital of 100 million yuan. Its legal representative is Xia Yan, co-founder and president of Xpeng.
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Morgan Stanley raises Tesla target price to $1200 from $650
Tesla's target share price has been raised from $650 to $1200 by Morgan Stanley analyst Adam Jonas, who was previously bearish on Tesla.
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Tesla will design batteries on its own, report says
Tesla will develop new batteries on its own, and it is expected that specific information such as battery composition will be announced at the battery investor meeting in April, Chinese media E-Company quoted unnamed Tesla sources as saying.
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Nio shares surge 5% pre-market after Geely investment report
Nio shares rose 7% in pre-market trading on Tuesday, after report said China's largest domestic car maker, Geely Automobile, is planning to invest in it.
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Tesla in talks to use CATL batteries in China-made cars, report says
Tesla is in advanced stages of talks to use batteries from Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, in cars made at its China plant, Reuters reported citing people familiar with the matter said.
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China's Geely is investing $300 million in Nio, report says
China's largest car company, Geely Automobile, is planning to invest in Nio. Not surprisingly, this news will be announced in the near future.
