cnEVpost

NIO Inc (NYSE: NIO) shares are trading higher on above-average volume Monday. The stock appears to be catching a boost from lower lithium prices in China. What To Know: The prices of lithium, a key material used for battery production, continue to trend lower in China, according...

BYD Co Ltd (OTC: BYDDF) is in talks with smartphone maker Xiaomi Corp (OTC: XIACF) on a number of projects to build cars, cnEVpost reported on Sunday, citing the Chinese automaker’s Chairman and President Wang Chuanfu. What Happened: Chuanfu said the two companies have a strategic partnership...

Nio Inc (NYSE: NIO) is planning to roll out a more affordable sub-brand around the $31,300 price band, cnEVpost reported on Friday, citing Tech Planet. What Happened: According to the report, the yet-to-be-named sub-brand is currently in early development talks and is expected to operate...

Chinese electric vehicle maker Nio Inc (NYSE: NIO) has agreed to partner with German retail giant Metro AG (OTC: MTTWF) to construct electric vehicle charging stations and battery swap stations, cnEVpost reported Monday. What Happened: Nio signed a long-term strategic partnership deal with the...

Nio shares came under pressure Friday following an announcement that the company was temporarily stalling production at its plant in Hefei, China, because of the global shortage in computer chips. What Happened: As the Street speculates about the potential impact of the shortage on the...

Nio Limited’s (NYSE: NIO) sale of RMB 200 million (about $31 million) worth of factory equipment to rival Tesla Inc. (NASDAQ: TSLA) helped the Chinese electric vehicle maker to get through its toughest time in 2019, cnEVpost reported Wednesday. What Happened: Nio sold the stamping line...

The already crowded electric vehicle market will soon have another contender, and the competition is from a player, which has made a name for itself in an unrelated field. What Happened: Chinese smartphone maker Xiaomi will launch its EV project in a month or two, CnEVPost reported, citing a...

Tesla Inc (NASDAQ: TSLA) vice president of external affairs Grace Tao added her voice over the weekend on Chinese social media to the growing discussions in the country on whether Tesla would get involved in the battery swap business, CnEVpost reported. What Happened: Tao said that Tesla had tried...

Tesla Inc (NASDAQ: TSLA) has denied media reports that the automaker is working on a $25,000 vehicle aimed at the mass market, cnEVpost reported Sunday. What Happened: The denial comes in the wake of several reports in the Chinese media that cite Tom Zhu, president of Tesla China, confirming...