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Nio says report of $3 billion fundraising plan false
Nio released a statement formally responding to the report, saying it has no reportable capital-raising activity at this...Read more -
China's NEV retail sales up 2.7% MoM to record 767,000 in Oct, CPCA data show
China's NEV penetration rate at retail was 37.8 percent in October, up from 36.9 percent in September....Read more -
Nio significantly increases NOP+ mileage coverage target
Nio aims to complete the validation of 250,000 kilometers of NOP+ urban pilot routes by the end of the year, more than q...Read more -
China aims for NEVs to contribute 45% of new car sales by 2027
The previous target was for the figure to reach 40 percent by 2030 and 50 percent by 2035....Read more -
CPCA expects China's Feb NEV retail sales at 380,000, down 43% from Jan
China's auto market saw seasonal weakness in February as the 2024 Lunar New Year holiday fell in mid-February, the ...Read more -
Xiaomi's smart driving R&D team to top 1,500 by year-end, says CEO
Smart driving is a key battleground for EVs, and Xiaomi's goal is to be in the top tier of the industry within 2024...Read more -
BYD unveils China’s first modular electric bus in Germany
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EU to impose additional tariffs of up to 38.1% on Chinese EVs
BYD will be subject to an additional tariff of 17.4 percent, Geely 20 percent and SAIC 38.1 percent. Other BEV producers...Read more -
China EV insurance registrations for week ending Jul 14: Nio 3,400, Tesla 11,400, Xiaomi 2,300, BYD 61,800
Xpeng had 1,700 insurance registrations last week, Li Auto 11,300, Zeekr 3,300 and Aito 9,400....Read more -
Zeekr gets L3 autonomous driving test permit in Hangzhou after Shanghai
Zeekr has been awarded an L3 autonomous driving test permit in Hangzhou, and will be able to test the L3 capabilities of...Read more
