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Mizuho initiates coverage on Nio with Buy rating, $60 price target
The analyst said Nio "is a leader and innovator in the premium automotive EV segment; it is domiciled in China, the...Read more -
Xpeng says P5 orders have surpassed 10,000, just 53 hours from opening for pre-orders
Xpeng has not yet announced a price for the model. But the P5's top-spec model could cost around RMB 200,000 yuan (...Read more -
Global automakers set up data facilities in China to meet compliance requirements
BMW, Daimler and Ford have all set up facilities in China to store data generated locally by their vehicles....Read more -
Li Auto supplier Horizon Robotics to launch new self-driving chip soon
Horizon Robotics will soon launch Journey 5 with up to 128 TOPS of AI computing power on a single chip....Read more -
Xpeng bucks trend in Hong Kong by nearly 3%, stock to be included in Hang Seng Index on Wednesday
In the past three trading days, Xpeng has gained nearly 9 percent in Hong Kong....Read more -
China's auto market demand to be released gradually as chip problem eases, industry association says
With the chip problem eased and manufacturers' production capacity gradually restored, the previously suppresse...Read more -
BYD unveils 5G-enabled in-vehicle OS, allows Han EV users to upgrade
BYD officially unveiled its 5G-enabled DiLink 4.0 system - the company's in-car OS - at the Chengdu Auto Show on Su...Read more -
Tesla raises price of mobile connector in China by about $62
Tesla's mobile connector price in China has been adjusted to RMB 2,950, citing chip shortages and cost fluctuations...Read more -
Nio reports higher-than-expected Q3 revenue of $1.52 billion
Nio posted third-quarter revenue that beat expectations, but net loss attributable to ordinary shareholders widened, tri...Read more -
HiPhi, highest priced local Chinese EV brand, delivered 763 vehicles in Nov
HiPhi's first model, the HiPhi X, starts at RMB 800,000 ($125,600) for the four-seat version. By comparison, Nio�...Read more
