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Svolt Energy closes about $940 million in Series B+ financing
The funds will be used mainly to develop new technologies and build new production bases and R&D centers....Read more -
Baidu's car-making arm Jidu unveils its robot car logo
The logo is inspired by the robot car, combining the concept of "Pixel" with the letter "J"....Read more -
SAIC's Rising Auto plans to launch at least one model per year through 2025
Rising Auto will invest RMB 20 billion ($3.16 billion) over the next five years and will focus on the mid- to high-end N...Read more -
Xpeng responds after G3 SUV fire incident
The G3 is Xpeng's first model, which went on sale in 2018. Xpeng unveiled its facelift G3i on July 9 last year....Read more -
Chongqing Sokon reports sales of 8,552 NEVs in April, up 15% from March
Seres, Sokon's brand that partners with Huawei, sold 3,439 units in April, up 1,248.63 percent year-on-year....Read more -
Nio to offer one lucky winner who pre-orders its upcoming new model three months of free use
Nio did not directly mention the name of the model, but apparently, it is the ES7, the company's first SUV based on...Read more -
Nio reaches 1 million battery swap services in Beijing
To date, Nio has 75 battery swap stations and 114 charging stations in Beijing....Read more -
Xpeng Q2 earnings call: New model to be launched in H1 next year to take on Tesla Model Y
Xpeng will also launch a C-class model in the second half of next year to bring an ultimate experience to a user base th...Read more -
Smart #1 deliveries begin in China
The Smart #1 is currently offered in three versions in China with starting prices of RMB 194,200, 209,200 and 245,000 re...Read more -
Largest US pension ups bets on Nio and Li Auto in Q3, liquidates position in Xpeng
CalPERS increased its position in Nio by 18.2 percent and its position in Li Auto by 21.05 percent in the third quarter....Read more
