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Chinese company in Tesla"s crosshairs has emulated its U.S. rival

XPeng was likely little known to most people in Silicon Valley before a trade theft lawsuit by Tesla this week. But it has partnered with Nvidia and is one of a growing number of Chinese auto tech startups in Silicon Valley......»»

Category: topSource: bizjournalsMar 22nd, 2019

Chinese Tesla rival Xpeng raises $400 million from investors such as Xiaomi

Xpeng has launched and started deliveries of a model it called the G3 SUV. In April, the company also unveiled a sedan called the P7 and is looking to ramp up production of its cars......»»

Category: topSource: moneycentralNov 13th, 2019

Chinese Tesla rival files to raise $1.8 billion in U.S. IPO

Nio Inc., the Chinese electric car company whose U.S. unit is run by former Cisco Systems innovation chief Padmasree Warrior, has filed to raise $1.8 billion in an initial public offering that will trade on the New York Stock Exchange. The startup i.....»»

Category: topSource: bizjournalsAug 13th, 2018

Chinese Tesla Rival Launches $1.3BN US IPO, Valuing Company At $8.5 Billion

With Tesla - no longer going private - mired in scandal after Elon Musk tweeted scandal which now also includes the regulators sniffing around, a key concern among investors is that with the company stuck in damage control mod.....»»

Category: blogSource: zerohedgeAug 29th, 2018

Power Drain: Tesla Rival NIO Raises $1 Billion in Underwhelming IPO

Chinese electric-vehicle maker NIO priced its U.S. initial public offering near the bottom of its indicative price range, placing a $6.42 billion valuation on the Shanghai-based company that has billed itself as an emerging rival to Tesla......»»

Category: smallbizSource: wsjSep 12th, 2018

Chinese Tesla rival Nio hobbles into its IPO, raising just $1B

Fast-growing Chinese electric carmaker Nio, a Tesla rival with U.S. headquarters in San Jose, limped into its much-anticipated initial public offering this morning, raising roughly $1 billion and valuing the company at $6.41 billion. At one point, Nio .....»»

Category: topSource: bizjournalsSep 12th, 2018

The Wall Street Journal: Shares of Chinese electric-car startup Nio rally in Wall Street debut

Chinese electric-vehicle maker Nio Inc. rallied in its market debut Wednesday after the Shanghai-based company, which has billed itself as an emerging rival to Tesla Inc., priced its offering in the U.S. near the bottom of expectations......»»

Category: topSource: marketwatchSep 12th, 2018

Shares in China"s Tesla rival soar more than 75% in a day

Chinese electric car company Nio's second day as a public company was a lot more spectacular than its first......»»

Category: topSource: cnnSep 14th, 2018

Nio, China rival to Tesla, says U.S. head to step down

The U.S. head of Nio Inc, an electric carmaker seen as one of the main Chinese rivals to Tesla Inc, will leave the company, the firm said in a filing on Friday, the first major management departure since its September IPO......»»

Category: topSource: reutersNov 29th, 2018

Elon Musk Reacts As Chinese Tesla Owner Says "I Look Forward To Tesla FSD Entering China": "Possible Very Soon"

Tesla CEO Elon Musk on Saturday hinted at the imminent launch of the company's Full Self-Driving (FSD) feature in China. read more.....»»

Category: blogSource: benzinga3 hr. 36 min. ago

Chinese EV Contender Xiaomi"s Budget "Tesla Killer" Zooms Past Sales Expectations By 3-5 Times

Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok, Reuters reported. read more.....»»

Category: blogSource: benzingaApr 19th, 2024

Warren Buffett-Backed BYD Outdoes Nio, Xpeng, Li Auto In April EV Deliveries

Chinese automaker BYD Co Ltd’s (OTC: BYDDF) all-electric vehicle sales soared in April and the company sold more than twice as many electric vehicles as its closest rival Nio Inc (NYSE: NIO) during the month amid suppl read more.....»»

Category: blogSource: benzingaMay 10th, 2021

Nio Sold $31M Factory Equipment To Tesla To Get Through A Difficult Time

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 2 read more.....»»

Category: blogSource: benzingaMar 25th, 2021

Tesla On Geely"s Mind As It Launches A High-End EV Line: Reuters

Chinese automaker Geely Automobile Holdings Limited (OTC: GELYF) plans to target rival Tesla Inc. read more.....»»

Category: blogSource: benzingaMar 19th, 2021

A New Rival To Tesla And Nio? This Lesser-Known Chinese EV Stock Has Surged 924% In A Year

Tesla Inc (NASDAQ: TSLA) and challengers Nio Inc (NYSE: NIO) and Xpeng Inc (NYSE: XPEV) have to contend with the emergence of a new pot read more.....»»

Category: blogSource: benzingaMar 18th, 2021

How Lucid"s Plans For The Future Differ From Rival Tesla

Lucid Motors, which plans to go public by merging with the blank-check company Churchill Capital Corp IV (NYSE: CCIV) is charting a future course that differs significa read more.....»»

Category: blogSource: benzingaMar 3rd, 2021

Lucid Aims To Unveil Tesla Model 3 Rival By 2025: CEO

Lucid Motors, due to go public by merging with the blank-check company Churchill Capital Corp IV (NYSE: CCIV) plans to launch a competing vehicle to Tesla Inc’s (NASDAQ: TSLA) Model 3 sedan, Reuters read more.....»»

Category: blogSource: benzingaFeb 23rd, 2021

Four Chinese Regulators Meet With Tesla, Urge Company To "Operate According To China Law"

Four Chinese Regulators .....»»

Category: smallbizSource: nytFeb 8th, 2021

Lucid Motors suitor"s stock hit a new high afer the Tesla-rival"s CEO did a TV interview

Investors who have driven up the stock of a "blank check" company they believe will merge with Lucid Motors Inc. bid it up even higher on Feb. 6 after the luxury electric car maker's CEO made an appearance on CNBC. Peter Rawlinson, who heads the.....»»

Category: topSource: bizjournalsFeb 8th, 2021

The Chinese EV Invasion

When it comes to EVs, all eyes are on Tesla Inc's (NASDAQ: TSLA) whose fortunes have made it the highest-valued car company in the world, and now its CEO, Elon Musk, the richest man in the world, overtaking Amazon.com, Inc.'s (NASDAQ: read more.....»»

Category: blogSource: benzingaJan 12th, 2021

Jeff Reeves"s Strength in Numbers: Nio, not Tesla, is the better EV stock pick for 2021

Jeff Reeves explains why he sees the Chinese company as the better buy-and-hold play between the two manufacturers of electric vehicles......»»

Category: topSource: marketwatchDec 15th, 2020