Smart and Sustainable Electric Mobility
Nio plans to use a portion of the net proceeds to repurchase certain existing debt securities, with the remainder to be used primarily to further strengthen its balance sheet position and for general corporate purposes.
The post Nio announces plan to issue $1 billion convertible notes, shares down after-hours appeared first on CnEVPost.
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BMW will design cars specifically for China, Zeekr recruits a former Honor exec, spy shot reveals BYD's new look and Xiaomi has a patent to make sure your car is ready when you are.
The post China EV Daily (Sep 18): BYD Qin PLUS redesign spotted, Zeekr’s new hire, Xiaomi’s vehicle patent appeared first on CarNewsChina.com.
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Continue reading The shift to EVs is a crucial component in the auto strike drama
The shift to EVs is a crucial component in the auto strike drama originally appeared on Autoblog on Mon, 18 Sep 2023 15:45:00 EDT. Please see our terms for use of feeds.
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Continue reading Musk denies rumors of Tesla factory in Saudi Arabia
Musk denies rumors of Tesla factory in Saudi Arabia originally appeared on Autoblog on Mon, 18 Sep 2023 15:35:00 EDT. Please see our terms for use of feeds.
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Tesla CEO Elon Musk has been claiming exponential growth for Tesla for years. And it’s happening. The U.S. automaker announced Saturday that it has produced its 5 millionth vehicle globally. To put this into perspective, Tesla celebrated its 1 millionth vehicle just three and a half years ago, in March 2020. And just this March 1 it reported... 
