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Nio prices $1 billion share offering at $5.57 per ADS, 11% discount to previous close

Nio Inc (NYSE: NIO) has announced the pricing of its $1 billion stock offering at $5.57 per American depositary share (ADS), which represents an 11 percent discount to the previous…

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Xpeng reportedly plans to launch extended-range version of P7+ sedan in 2026

Xpeng, a prominent player in the electric vehicle (EV) market, is gearing up to introduce an extended-range version of its…

Nio starts accepting test drives for new ES8 in China as launch comes in 10 days

Nio Inc (NYSE: NIO) has officially started offering test drives for its highly anticipated third-generation ES8 in China. The all-new…

BYD reportedly preparing for renewed push in India, eyeing rollout of Atto 2 SUV early next year

BYD is ramping up its efforts in the Indian market, with plans to launch its Atto 2 SUV early next…

Nio shares resume trading in Singapore after brief halt due to $1 billion share offering

Nio Inc (NYSE: NIO) shares have resumed trading in Singapore after a brief suspension due to a new share offering,…

GAC Group news – Gasgoo

GAC Group Unveils First European Spare Parts Distribution Center in Rotterdam GAC Group, a leading automotive company, recently announced the…

Xpeng Aeroht gets special flight permit for modular flying car in UAE

Xpeng's flying car unit, Xpeng Aeroht, has recently obtained a significant permit for its Land Aircraft Carrier modular flying car…

China NEV sales rise to nearly 1.4 million in Aug as exports double, CAAM data show

China's new energy vehicle (NEV) market showed impressive growth in August, with total sales reaching 1.395 million units. This marked…

Industry plans for new small, affordable car class backed by EU

European Union President to Collaborate with Car Industry on New 'E-car' Category European Union president Ursula von der Leyen is…