NIO dropped to the No.4 on the list of Chinese NEV startups by Oct. registrations.
Nov. 30 , 2021
Xiaomi-backed venture capital was recently added to auto parts supplier Atech Automotive (Wuhu) Co., Ltd.’s list of shareholders, according to corporate database Qichacha.
Nov. 30 , 2021
In terms of Oct. registrations of China's domestically-built new energy vehicle (NEV) models, XPeng topped the other Chinese NEV startups and ranked ninth among car brands in the world's largest auto market.
Nov. 30 , 2021
GAC AION, the wholly-owned NEV subsidiary of GAC Group, will implement an internal asset restructuring by means of cash capital increase, asset injection, and conversion of capital public reserve.
Nov. 30 , 2021
The first pre-production vehicles of the ET7, NIO’s fourth mass-produced model, rolled off the assembly line on Nov. 29, indicating that NIO has started the validation of its plant’s small-scale volume production capability for the model.
Nov. 29 , 2021
China plans to appropriate around 38.5 billion yuan ($6.033 billion) next year to subsidize the projects for saving energy and cutting carbon emissions, according to a notice recently issued by China’s Ministry of Finance.
Nov. 29 , 2021