EV
NIO Inc. Provides May 2020 Delivery Update
NIO Inc. Provides May 2020 Delivery Update

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today provided its May 2020 delivery results.

Jun. 4 , 2020
Shareholder of Evergrande NEVS (Shanghai) sells 20% stake
Shareholder of Evergrande NEVS (Shanghai) sells 20% stake

20% stake of Evergrande NEVS (Shanghai) has been transferred with a final transaction price of RMB 443 million.

Jun. 3 , 2020
Xpeng Motors plows 10 mln yuan in founding new sales & service subsidiary
Xpeng Motors plows 10 mln yuan in founding new sales & service subsidiary

Chinese EV startup Xpeng Motors founded a sales & service subsidiary on May 26 which involves a registered capital of 10 million yuan ($1,401,090), according to the business data search platform Tianyancha.

Jun. 1 , 2020
Tesla enlarges China businesses with electricity generation, supply
Tesla enlarges China businesses with electricity generation, supply

Tesla (Shanghai) Co.,Ltd. has got its China businesses expanded with the operations of the generation, transmission and supply of electricity added on May 21, according to the National Enterprise Credit Information Public System.

May 26 , 2020
Evergrande breaks ground on Huzhou electric drive system base
Evergrande breaks ground on Huzhou electric drive system base

Evergrande Group celebrated on May 22 the first spade cut of its electric drive system production base at Nantaihu New Area in Huzhou, Zhejiang Province, according to a local media report.

May 22 , 2020
Huawei, TELD enter into partnership to bolster smart EV charging development
Huawei, TELD enter into partnership to bolster smart EV charging development

Huawei forged on May 20 a partnership with TELD, a Chinese leading charging pile operator, as both parties seek to jointly advance the construction of charging pile network and the smart charging business.

May 21 , 2020