Per share purchase price is 7.50 USD.
The post Nio announces 2.2 billion USD investment from CYVN appeared first on CarNewsChina.com.
Per share purchase price is 7.50 USD.
The post Nio announces 2.2 billion USD investment from CYVN appeared first on CarNewsChina.com.
CYVN will increase its stake in Nio to about 20 percent with its latest investment, after finishing a roughly $1.1 billion investment in July.
The post BREAKING: Nio secures new $2.2 billion investment from Abu Dhabi's CYVN appeared first on CnEVPost.
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The Gely Galaxy E8 has a Golden Brick battery from Zeekr on board, 475 kW and up to 655 km of range. It has a drag coefficient of 0.199 Cd.
The post Geely Galaxy E8 with 475 kW started pre-sales in China at 26,350 USD appeared first on CarNewsChina.com.
Last week BMW said it was licensed to test vehicles with L3 self-driving features in Shanghai.
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Rept's latest market capitalization of HK$42.4 billion overtook CALB as the highest lithium battery maker listed in Hong Kong.
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Neta and LK Technology will jointly develop a die-casting machine in the 20,000-ton class, which is expected to reduce the manufacturing time of vehicle chassis from 1-2 hours to 1-2 minutes.
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G6 delivered 8,750 units in November, contributing 43.66 percent of Xpeng's monthly deliveries of 20,041 units.
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The Chinese outlet who leaked them is facing 3 million yuan fine for breaking NDA.
The post Xiaomi SU7 promo shooting pictures leak as the launch is imminent appeared first on CarNewsChina.com.