Showing 12 of 1789 posts with this tag
Chinese electric vehicle makers Nio and Xpeng both reported record deliveries during the first quarter of 2021, despite seasonal industry-wide slowdown in car sales and ongoing complications due to a global chip shortage.
NIO’s domestic rival, Beijing-based electric vehicle startup Li Auto’s initial public offering in the US has been fully subscribed for a whopping $950 million, Reuters’ IFR reported.
Recently, Chery Automobile and CATL jointly announced that the "Shenxing Superfast Charging Battery" will be implemented in Chery's Sterra model.
According to a report by 36Kr, Tesla is said to be mobilizing numerous Chinese supply chain firms to establish factories in Mexico.
Xiaomi released its financial report for the third quarter of 2022 on November 23. Its revenue in the period was 70.47 billion yuan ($9.87 billion), down 9.7% year-on-year. Net profits were -1.476 billion yuan, while adjusted net profits were 2.117 billion yuan, down 59.1% year-on-year.
Chinese battery giant CATL is taking the initiative to implement a battery price reduction plan for key car companies, and put forward a price reduction requirement of about 10% to its raw material suppliers.
Geely announced on Tuesday that its premium electric brand, Zeekr, will collaborate with Waymo on the development of a new pure electric vehicle for deployment in the Waymo One autonomous ride-hailing fleet in the United States.
Chinese electric vehicle firm Hozon Auto announced on May 27 that the NETA S model will be equipped with its self-developed "Tiangong Battery."
Leading Chinese smart electric vehicle maker Xpeng announced on Wednesday the pricing of an offering of 85,000,000 Class A ordinary shares at HK$165 ($21.25) per share which comprises both an international offering and a Hong Kong public offering.
Hubei Xingji Times Technology Co., Ltd., a smartphone business company owned by Geely, signed an agreement with smartphone maker Meizu and its shareholders to acquire a 79.09% equity stake in the company.
Lei Jun, Chairman of Xiaomi Group, revealed earlier that Xiaomi SU7 is still being tested after delivery
Li Auto's CEO, Li Xiang, admitted in an internal letter to strategic missteps in the rollout of the company's latest EV model "MEGA".