- NIO sustains championship among China’s NEV startups by July insurance volume
In July, automakers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 90,403 new energy vehicles (NEVs), representing a robust surge of 166.53...
Aug. 31 , 2020
- NIO sustains championship among China’s NEV startups by July insurance volume
- SAIC Motor boasts robust growth in second-quarter net profit
For the first half of 2020, SAIC Motor’s gross revenue fall 24.6% over a year ago to 283.74 billion yuan ($41,253,921,557), and its net profit attributable to shareholders tumbled 39.01% to 8.394 bi...
Aug. 28 , 2020
- SAIC Motor boasts robust growth in second-quarter net profit
- NIO intends to raise up to $1.722 bln by issuing 75 mln shares
Chinese EV startup NIO announced on August 27 the outset of the offering of 75 million American depositary shares (the “ADSs”), each representing one Class A ordinary share of the company.
Aug. 28 , 2020
- NIO intends to raise up to $1.722 bln by issuing 75 mln shares
- Xpeng rings opening Bell in celebration of IPO
One step forward, one step closer.
Aug. 27 , 2020
- Xpeng rings opening Bell in celebration of IPO
- What you need to know about Xpeng ahead of its IPO
Xpeng Motors is a smart EV company.
Aug. 27 , 2020
- What you need to know about Xpeng ahead of its IPO
- CATL posts 7.86% decrease in H1 net profit as coronavirus hits market demands
Contemporary Amperex Technology Limited (CATL)’s first-half net profit attributable to shareholders dropped 7.86% from a year ago to 1.937 billion yuan ($280,233,328), the battery giant announced on...
Aug. 27 , 2020
- CATL posts 7.86% decrease in H1 net profit as coronavirus hits market demands
- Evergrande Health officially changes company name as focus switches to NEV business
Evergrande Health, the Hong Kong-listed electric car arm of Chinese real estate titan Evergrande Group, has officially changed its name to China Evergrande New Energy Vehicle Group Limited from Evergr...
Aug. 27 , 2020
- Evergrande Health officially changes company name as focus switches to NEV business
- NIO Inc.’s market value for the first time surpasses $20 billion
NIO Inc., the first Chinese EV startup that goes public on the New York Stock Exchange, saw its shares were up 19.17% closing at $17.84 on August 25 and its market value hit $21.131 billion, for the f...
Aug. 26 , 2020
- NIO Inc.’s market value for the first time surpasses $20 billion