Smart driving equality: A battle for control of an emerging industry
As smart driving features trickle down to budget cars, the balance of power is shifting to automakers and away from their technology suppliers By Lee Shih Ta China’s autonomous…
BRIEF: CATL in talks to acquire Nio’s battery-swapping unit
Battery giant CATL (300750.SZ) is planning to acquire electric vehicle (EV) maker Nio’s (NIO.US; 9866.HK) battery-swapping unit, Nio Power, according to Reuters, citing unnamed sources familiar with the matter. It…
BRIEF: Nio to raise $514 million in share placement
Electric vehicle (EV) maker Nio Inc. (9866.HK, NIO.US) announced on Friday it will place nearly 137 million shares for HK$29.46 apiece, representing a 9.49% discount to its Thursday's closing price,…
BRIEF: Xpeng，Leapmotor make triple-digit gains in February as BYD retains NEV crown
A post-Lunar New Year rebound fueled big growth for new energy vehicle (NEV) sales in February, with most major brands reporting strong gains, some in triple-digits. XPeng (XPEV.US; 9868.HK) delivered…
INDUSTRY BRIEF: Nio and BYD report strong January sales gains, but Li Auto falls
Electric vehicle (EV) makers Nio Inc. (NIO.US; 9866.HK) and BYD Co. Ltd. (1211.HK; 002594.SZ) reported strong double-digit sales gains in January, but Li Auto Inc. (LI.US; 2015.HK) stumbled during the…
Former TV magnate tries his luck at EVs with IPO plans in sight
Skyworth, once known for its televisions, is placing its bets on a foray into the country’s crowded electric vehicle market Key Takeaways: Skyworth Auto is preparing to launch a new…
BRIEF: Nio goes down-market with launch of Firefly brand
Chinese electric car manufacturer Nio Inc. (NIO.US; 9868.HK) on Saturday disclosed its new Firefly brand targeting the lower end of the market will be priced starting at 148,800 yuan ($20,400)…
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BRIEF: CATL in talks to acquire Nio’s battery-swapping unit
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