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Li Auto surges 43% in Nasdaq debut, almost equals Nio in market cap
Chinese electric vehicle (EV) maker Li Auto closed at $16.46 on its first day of trading in the U.S., up 43 percent from...Read more -
Nio, Xpeng in-vehicle system offline due to operator network failure
The vehicles of Chinese EV makers Nio (NYSE: NIO) and Xpeng Motors (NYSE: XPEV) were affected by the network failure of ...Read more -
Tesla shorts have lost $35 billion year-to-date
Tesla shorts lost more than the US airline industry which had experienced the worst year ever....Read more -
Shanghai to add 10,000 public charging piles in 2021
Shanghai will add 10,000 public charging piles, 15 cab charging demonstration stations and 10 shared charging pile demon...Read more -
Evergrande Auto, Tencent set up JV to develop operating systems for cars
Evergrande Auto will hold a 60% stake in the joint venture and Phoenix Auto Intelligence, a subsidiary of Tencent, will ...Read more -
Brand that showcased Huawei's self-driving capabilities sees its first Supercharger station go into operation
Arcfox, the BAIC-owned EV brand that recently showcased Huawei's amazing autonomous driving capabilities, saw its f...Read more -
Nio to unveil second route of Power Up Plan on Tuesday
Under the plan, Nio's ultimate goal is to deploy more than 30,000 destination DC charging piles in China....Read more -
Chinese analysts give their 10 predictions for smart car industry
The rapid growth of the new energy vehicle industry has put China on the edge of a new technological revolution. What do...Read more -
Analyst says it's possible that Tesla's software business will be more valuable than hardware
Tesla recently launched a monthly subscription service for Full Self-Driving (FSD), and the potential of the business pr...Read more -
Guangdong aims to exceed $170 billion in auto manufacturing revenue by 2025
Guangdong Province wants its auto manufacturing revenue to exceed RMB 1.1 trillion ($170 billion) by 2025, and to build ...Read more
