EV Archives - Page 4 of 4

Tesla VP Underscores Shanghai’s Cooperation on Gigafactory

Tao Lin spoke at a press conference in anticipation of the upcoming 2019 Shanghai City Promotion Conference, underscoring the importance of Shanghai in the successful development of Tesla’s gigafactory.

NIO Shares Drop 5.8% to $1.46

The share price of Chinese EV startup NIO fell by 5.8% to $1.46 on October 16, which marks the largest decline in the past six days.

XPeng Launches New Long-Distance EV — G3 2020

Chinese EV-maker XPeng launched its newest creation, the G3 2020, on July 10.

Faraday Future Fires Furloughed Employees

American EV-startup Faraday Future has fired a number of employees who have been on unpaid leave for months.

Chinese Electric Vehicle Company Releases New Model Leading Ideal ONE

China's EV industry just keeps on growing and has now been joined by yet another newcomer, Leading Ideal. The company announced the official price and began accepting pre-orders of their newest model Leading Ideal ONE on Apr. 10.

Faraday Future Teases New EV Flagship V9

“Thanks for your attention to our brand new flagship V9. The basic design principle would be a mobile smart product that combines design, artificial intelligence and seamless interconnectivity between vehicles and people.”

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.

Pre-orders for Tesla’s Model 3 Open Now in China

Tesla announced that pre-orders for Model 3 are now available in China.

L.A. Federal Court Freezes Faraday Future CEO’s Assets and California Mansions

It seems the uphill battle for funding of Jia Yueting, founder of Faraday Future (FF), will only be getting steeper. On Dec. 13, a federal judge announced to temporarily freeze Jia’s 33 percent stake in the Gardena-based electric car startup, and put a protective order on his three high-end homes in Rancho Palos Verdes.

NIO Launches New ES6 Electric SUV

NIO ES6 — the high-performance intelligent electric SUV was officially launched on NIO Day 2018 which was celebrated at the Shanghai Oriental Sports Center on Dec. 15.

Blockchain Startup EVAIO to Invest $900 Million in Faraday Future

“EVAIO has made contact with Faraday Future to invest 900 million USD over three years via indirect STO. FF and EVAIO will now start up the discussion for the details of the plan,” posted Patrick De Potter, CEO of a blockchain startup named EVAIO, on Nov.13.

Faraday Future Wins “Decisive Victory” in Emergency Arbitration

Arbitrators ruled that Evergrande could no longer prevent the EV-company Faraday Future (FF) from seeking funding from other financing sources in the emergency arbitration between the EV-company Faraday Future’s CEO Jia Yueting and Evergrande Health Industry Group Ltd. on Oct. 25.

XPeng Motors: Cross-border Innovation, the Driving Force Behind Smart Cars

He Xiaopeng, XPeng Motors Chairman and CEO, was the only representative of the emerging automobile manufacturing force to be invited to deliver a keynote speech at the main forum of the World Intelligent Connected Vehicles Conference (WICV) on Oct. 18.

Chehejia Unveils LI One Electric SUV with Distance Extension System that Covers 700 Kilometers

Beijing Chehejia Technology Ltd., a Chinese electric vehicle (EV) startup, unveiled its new electric SUV LI One yesterday, making it a strong contender to Tesla’s Model X.

Byton and Bosch Sign Strategic Cooperation Agreement on Powertrains and Braking Systems

Byton, a premium smart electric vehicle startup, and supplier Bosch Group signed a strategic cooperation agreement in Germany on Sept. 24. The agreement focuses on powertrain technology, braking, and driver assistance systems.

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.

XPeng Motors Now Licensed to Test Autopilot in California

On Sept. 11, Dr. Gu Junli, vice president of Xpeng Motors, an electric car startup in China, announced in a keynote speech that the company has obtained a California Autopilot Test Drive Permit, allowing the company to legally test its autopilot technologies on U.S. soil.

NIO Automobile Submits U.S. Prospectus, Looking to IPO on the NYSE

NIO Automobile submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) for an IPO on the New York Stock Exchange. It plans to raise up to US$1.8 billion, which will be the largest listing of a Chinese auto company in the United States.

EV Startup Byton Raises $500 Million in Series B

Byton’s global headquarters officially opened in Nanjing on June 11, and announced the successful completion of their Series B round financing of up to $500 million on the same day.

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