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 , 2020NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2020.
May 28 , 2020CATL, the global leading EV battery manufacturer, lowered the maximum amount of the capital it intends to raise from a non-public issuance of stocks to 19.7 billion yuan ($275,285,830) from 20 billion yuan ($27,947,800).
May 28 , 2020Huawei 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 , 2020The BYD Han, an all-new flagship sedan to BYD's “Dynasty” series, is currently available for presale with prices ranging from 230,000 yuan ($32,364) to 280,000 yuan ($39,400).
May 20 , 2020Xpeng Motors has been approved by the government to produce vehicles at its self-built manufacturing plant in Zhaoqing, Guangdong province.
May 19 , 2020










