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NIO 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 , 2020Shenzhen has issued a string of measures to support orderly and sound development of local ICV (intelligent-connected vehicles) industry.
May 28 , 2020On May 26, Chinese Internet giant Baidu announced the completion of Apollo Park, which is purportedly the world’s biggest base for the application and testing of autonomous vehicles and intelligent vehicle infrastructure cooperative System (IVICS).
May 27 , 2020BYD announced on May 26 the introduction of strategic investors of BYD Semiconductor, a subsidiary of BYD, another significant progress in seeking for an independent listing after the semiconductor unit’s internal restructuring.
May 27 , 2020SAIC-GM-Wuling (SGMW) plans to kick off the presale of the “Victory”, the first vehicle bearing Wuling’s silver global badge, at the 2020 Chengdu Motor Show, which will be held between July 24 and August 2.
May 26 , 2020










