Faraday Future Announces the Sale of Its Property in North Las Vegas for $40 million
Faraday Future (FF) announced on Mar. 13 that it has decided to sell 900 acres of land in North Las Vegas, Nevada for $40 million.
Tesla Decides Against Lowering Prices to Keep More Stores
There has been a new development on Tesla’s sales strategy.
Tesla Deeper in Trouble in China
The world’s leading electric vehicle (EV) manufacturer Tesla has been embroiled in controversy lately in one of the largest EV markets—China.
Faraday Future Extends the Furlough While Seeking Investment
Electric vehicle (EV) manufacturer Faraday Future (FF) said in an internal email on Tuesday that employees on unpaid leave could no longer return to work on March 1 as planned, according to American news site The Verge.
Tesla Begins Early Delivery of Model 3 in China
Looks like Tesla consumers will be getting an early treat this month, as the company announced on Feb. 20 during a celebratory event in Beijing that it will be delivering the Model 3 in China at least a week earlier than expected.
Faraday Future Eyes a Potential IPO in 2020
Faraday Future (FF), the electric car start-up aiming to challenge Tesla, held an “Evolution Strategy Communication Meeting” at the Los Angeles headquarters on Nov. 12.
NIO’s Shares Soar 76% on Second U.S. Trading Day
For William Li, Founder and CEO of the recently public EV startup NIO, the past few days must have been unforgettable. Priced near the bottom of its target range, NIO officially began trading on the New York Stock Exchange (NYSE) on Sept. 12.
EV Startup NIO to IPO on the NYSE at $6.26 Per Share
Electric vehicle startup NIO will officially begin trading on the New York Stock Exchange (NYSE) starting on September 12, under the ticker symbol “NIO”. This is the first Chinese EV startup to go public in the U.S.
Tesla Shanghai’s Registered Capital Rose to 4.67 Billion RMB
Tesla’s arm in China, Tesla (Shanghai) Co. Ltd has increased its registered capital to a total of 4.67 billion RMB (about $680 million) on Sept. 7, according to the information shown by Shanghai Industry and Commerce Administration authority.
NIO Updates IPO Prospectus, Seeking to Raise $1.32 Billion
Chinese electric-vehicle maker, NIO, has updated its initial public offering (IPO) prospectus and set terms to raise a total of $1.32 billion.
Faraday Future Reveals First Pre-Production FF 91
Faraday Future (FF) announced the completion of the first pre-production of FF 91, the company’s first production vehicle and flagship model.
BYTON Showcased K-Byte Concept and M-Byte at Pebble Beach
Intelligent electric vehicle maker BYTON showcased its latest innovations at the 2018 Pebble Beach Concours d’Elegance on August 26, including the U.S. debut of the BYTON K-Byte Concept on the prestigious Concept Car Lawn.
XPENG Motors Completes Series B+ Round, Raises RMB 4 Billion at close to 25 Billion Valuation
Chinese electric vehicle startup XPENG Motors officially announces the completion of its Series B+ round of 4 billion yuan today, with Primavera Capital Group, Morningside Venture Capital, as well as Chairman and CEO of XPENG Motors He Xiaopeng himself jointly leading the investment.
Faraday Future Builds the First FF 91 Body-In-White, Delivery Set in December
Faraday Future (FF) announced on July 30 (PDT) the completion of its first body-in-white FF 91 electric vehicle (EV) in its Hanford assembly plant in Los Angeles.
Xpeng Motors Welcomes a Visit From Xiaomi CEO Lei Jun along with Leaders of YY and Kingsoft
He Xiaopeng, chairman of the Chinese electric vehicle startup Xpeng Motors, welcomed a visit from top Chinese tech leaders to the auto maker’s new headquarters in Guangzhou on July 18.