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Nio increases registered capital of its operating entity in China by 20% to $3 billion
The registered capital of Shanghai Nio Co Ltd was increased by 20 percent to $3 billion on September 18, following simil...Read more -
Leapmotor delivered 3,654 vehicles in Oct, up 256% from a year earlier
Leapmotor's deliveries in October fell about 11 percent from September, which the company blamed on a chip shortage...Read more -
BYD monthly sales data update
This is BYD's monthly sales data, including new energy vehicles, fuel vehicles, and power battery installations....Read more -
Most Xpeng models see price increases to reflect drop in state subsidies
Xpeng's models priced below RMB 300,000 are being offered with reduced subsidies....Read more -
Nio-backed self-driving trucking service provider Trunk Tech closes Series B funding round
Trunk Tech closed its Series A funding round in October 2018, when Nio Capital was one of the lead investors....Read more -
Nio sees first batch of ET7 mass production vehicles roll off line
The first batch of ET7 mass production vehicles rolled off the production line at JAC-Nio manufacturing base in Hefei on...Read more -
BYD's auto finance subsidiary to get about $900 million in capital increase
As demand for BYD vehicles climbs, the number of vehicles for which BYD Auto Finance provides loans is also expected to ...Read more -
Tesla on hiring spree in China amid plans to cut global workforce
Tesla posted more than 100 job openings in China late last month, and local media are reporting that the company is stil...Read more -
JAC expects to see losses in H1 as chip and battery prices rise
JAC's gross profit from its main businesses decreased by about RMB 832 million in the January-June period compared ...Read more -
Nio enters new partnership in Henan to accelerate battery swap network in central China
Nio will collaborate with its partner to build charging stations and battery swap stations on major highways and high-tr...Read more
