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