Showing 12 of 1789 posts with this tag
On Aug. 13, Chinese EV maker NIO saw its stock close at $3.05, down 2.56%, a day before the company released its July delivery data indicating that only 837 new vehicles were delivered, slumping 37.5% from the previous month.
Smart pure electric car brand Zeekr announced on July 8 that it would organize the Zeekr Evolution Day on July 11, during which it is expected to unveil a new 8155 chip upgrade service.
On August 19, Changan Automobile announced that its joint venture, Avatr Technology, plans to buy a 10% stake in Huawei's subsidiary, Yinwang, for 11.5 billion yuan. After the deal, Avatr will hold a 10% share, while Huawei will retain 90% of Yinwang.
Chinese electric vehicle (EV) company Weltmeister Motor is rumored to have postponed its scheduled initial public offering (IPO) following negative media coverage of the company.
Xiaomi's Yizhuang factory aims to complete the target of assembling 300 vehicles this month for the purpose of supplying display cars to terminals.
Chinese EV maker XPeng revealed its 4th production model, the G9 Flagship SUV, for the Chinese market on September 21. The G9 will start from 309,900 yuan up to 469,900 yuan with the first deliveries for customers in China expected to be in October.
After Tmall, a Chinese e-commerce giant, welcomed Tesla, rival e-commerce platform JD.com also launched an official flagship store for the EV giant and attracted over 530K followers in only three days.
HoloMatic, an autonomous driving technology company in China, announced on November 11 that it had completed a C2 round of financing, led by GAC Capital and followed by Zhidu Investment and Chaos Investment.
A Tesla Model 3 crashed in China after its Autopilot system failed to respond to a blockage on the far right side of the road on September 18. No injuries were reported.
Chinese electric vehicle and battery maker BYD released its performance forecast for 2022 on January 30. The company expects to have achieved an operating income exceeding 420 billion yuan ($62.19 billion).
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 rang...
On April 21st in Suzhou, China, rumors have it that a certain company has issued a notice requiring employees who drive BMW branded vehicles to sell them within one month and replace them with domestic cars.