Chinese EV Stocks

Swedish electric car brand  Polestar Automotive Holding UK PLC (NASDAQ:PSNY) said on Monday its unit is entering a joint venture with Chinese technology company Xingji Meizu Group to develop an operating system for Polestar cars sold in China. The JV aims to strengthen Polestar’s position in...

Chinese EV manufacturer and Tesla rival, XPeng Inc (NYSE:XPEV), envisions the potential for flying cars in China and around the world within the next five to ten years.  What Happened: Xpeng Co-President Brian Gu expressed this outlook during an interview...

EV maker Xpeng Inc (NYSE:XPEV) said on Monday that it has received over 25,000 pre-sale orders in China for its SUV in three days. What Happened: The Guangzhou-headquartered EV maker commenced pre-sales of G6 on Friday at RMB 225,000 ($31,506). The vehicle debuted in April at Auto Shanghai and is...

Chinese EV maker and Tesla Inc (NASDAQ:TSLA) rival Nio Inc (NYSE:NIO) said it would cut prices on all its new models starting Monday. The announcement comes days after the company reported quarterly results below estimates. What Happened: The starting price of 6 new models will be reduced by 30,...

Chinese EV startups Li Auto Inc (NASDAQ:LI), XPeng Inc (NYSE:XPEV), and Nio Inc (NYSE:NIO) released their May delivery figures on Thursday, providing insights into their performance for the month. What Happened: Li Auto witnessed a remarkable surge in delivery numbers...

EV startup XPeng Inc (NYSE:XPEV) Chairman and CEO Xiaopeng He addressed the issue of pricing competition within the industry in the company’s first-quarter earnings call on Wednesday. What Happened: The company internally considered both aggressive pricing and following the...

Chinese electric vehicle maker BYD Co Ltd (OTCPK: BYDDY) (OTCPK: BYDDF), backed by Berkshire Hathaway‘s Warren Buffett, recorded a surge in April delivery numbers.  What Happened: Battery electric vehicle deliveries for April rose 83.9% from a year earlier and 1.6% month...

The price of Warren Buffett-backed BYD Co Ltd‘s (OTC:BYDDY) (OTC:BYDDF) BEV hatchback Seagull starts at merely 73,800 yuan or about $10,660. What Happened: BYD unveiled a bright yellow Seagull at the Shanghai Auto Show and commenced pre-sales pricing it at 78,000 yuan or $11,400, reported...

Chinese electric vehicle startups and Tesla Inc. (NASDAQ:TSLA) competitors Li Auto Inc (NASDAQ:LI), XPeng Inc (NYSE:XPEV) and Nio Inc (NYSE:NIO) reported its delivery numbers for the month of April on Monday. What Happened: Li Auto topped among the three EV makers with a whopping 516.3% year-over...

Nio Inc (NYSE:NIO) has reportedly built 21 battery swap stations along the 2,030 km (1,261 miles) G3 Beijing-Taipei highway which aims to connect Mainland China with Taiwan. What Happened: Nio’s battery swap station network completed initial coverage of the G3 Beijing-Taipei highway linking...

Warren Buffett-backed BYD Co Ltd‘s (OTCPK: BYDDF) (OTCPK: BYDDY) Yangwang U9 EV can groove, and how! What Happened: BYD on Monday showcased the Yangwang U9 equipped with DiSus-X intelligent body control system at its technology launch event in Shenzhen. The sportscar can dance, jump on...

NIO Inc (NYSE:NIO) has reportedly cut short the wait time to get its two key models delivered. What Happened: The expected wait time to have Nio’s ES7 SUV and ET5 sedan delivered is now about two weeks, reported CnEVPost. Previously, customers had to wait for about three weeks to have their...

Chinese EV maker Nio Inc (NYSE:NIO) is reportedly very confident of meeting its sales target this year. What Happened: Nio CFO Steven Feng said the company is very confident of meeting its sales target for 2023, reported Bloomberg. Feng was speaking at an interview with Bloomberg Television. The...

Nio Inc‘s (NYSE:NIO) first 10 third-generation battery swap stations will reportedly go live at the end of this month, earlier than scheduled. What Happened: Nio’s first 10 third-generation battery swap stations will go online on March 28, ahead of a previously announced timeline,...

Veteran investor and Vice Chair Of Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B), Charlie Munger, said Wednesday that BYD Company Ltd (OTC: BYDDF) (OTC: BYDDY) is “much ahead” of Tesla Inc (NASDAQ: TSLA) in China. What Happened: Munger, a long-time associate of Berkshire Chair...