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Toyota speeds up electrified vehicle schedule as demand heats up
Toyota Motor Corp aims to have half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and said it will tie up with Chinese battery makers to accommodate an accelerated shift to electric power......»»
Defying Brexit, Volvo car brand Polestar picks UK for new development hub
Swedish luxury electric carmaker Polestar, which is jointly owned by Volvo Cars and its Chinese parent Geely, is setting up an R&D center in Britain to develop future passenger cars, it said on Wednesday......»»
Nissan brand Infiniti aims to launch first electric car in three years, made in China
The first electric car for Nissan Motor Co's premium brand Infiniti will be a sporty sedan produced in China, the Japanese carmaker said in a statement viewed by Reuters ahead of a public announcement expected as soon as Wednesday......»»
BMW group and Great Wall Motors partner to make electric MINIs in China
BMW Group and the biggest Chinese SUV brand, Great Wall Motor, announced a partnership Tuesday to produce electric MINI vehicles in China as global automakers ramp up development under pressure from Beijing. .....»»
Volkswagen brand to accelerate margin hike for core brand
Volkswagen's core brand aims to raise its profit margin faster than previously planned despite rising investments in the development of electric vehicles, the carmaker said on Thursday......»»
Chinese EV carmaker NIO aims to raise $650 million with convertible bond
Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million convertible bond on Wednesday, four months after it listed in New York......»»
Chinese EV carmaker NIO aims to raise $650 million via convertible bond
Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million five-year convertible bond on Wednesday, aiming to use the proceeds to fund expansion......»»
Volvo Cars courts investors to raise cash for Polestar, CEO says
Volvo Cars is talking to Chinese investors as well as U.S. tech investors as the company seeks external finance for its Polestar performance electric car brand, the Swedish carmaker's CEO said on Thursday......»»
IPO Preview: Honest Company, Chinese Lifestyle Brand Onion Global, Hydroponic iPower Lead Group
The week of May 3 has several IPOs on the docket spread across sectors like consumer products, fashion, banking, vaccines and hydroponics. Here is a look at this week’s top offerings and details investors should know. read more.....»»
Nio CEO Says EV Brands Increasing Market Share By "Constantly Lowering Prices" Only Hurting Themselves — In Likely Dig At Tesla
Chinese electric vehicle maker Nio Inc.’s (NYSE: NIO) CEO William Li believes EV brands that gain market share by “constantly lowering” prices will only hurt their own brand image, cnEVpost reported Thursday. read more.....»»
Thinking About Buying Stock In Nio, Facebook, Futu Or Ocugen?
Nio Inc - ADR (NYSE: NIO) shares are trading higher by 1.75% at $41.80 Monday morning after CLSA analyst Soobin Park has initiated coverage of the Chinese electric carmaker with a Buy rating and 12-month price target of $50. read more.....»»
Autotrader: Why Tesla is a dud in Japan
Tesla is the dominant electric car brand in most global markets, but it's never caught on in the island nation......»»
China"s Alibaba launches "outlet" platform to shift luxury overstock
Chinese e-commerce giant Alibaba Group Holding Ltd has launched a new luxury platform targeting younger consumers that also aims to help high-end brands shed excess inventory built up during the global coronavirus lockdown......»»
Tesla overtakes Volkswagen as world"s second most valuable carmaker
Tesla Inc has overtaken Germany's Volkswagen as the world's second most valuable carmaker behind Japan's Toyota , as the meteoric rise in the U.S. electric vehicle maker's shares reshuffles the global market......»»
Why Chinese Electric Carmaker Nio Shares Are Soaring
Chinese electric vehicle maker Nio reported quarterly earnings Monday that were better than expected and offered a revenue forecast for the current quarter that leapfrogged the consensus estimate......»»
VW"s electric bet in China brings global muscle to zero-emissions race
Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground......»»
Volvo shows an electric SUV and plans to drop cars running on just gas or diesel
The Chinese-owned carmaker from Sweden wants to add "sustainability" to its reputation for safety The Chinese-owned carmaker from Sweden wants to add "sustainability" to its reputation for safety.....»»
Nio To Eliminate 21% Of Global Workforce As Q2 Loss Widens, August Deliveries Miss Mark
Chinese electric vehicle maker Nio Inc – ADR (NYSE: NIO) reported bett.....»»
Nio To Eliminate 21% Of Global Workforce As Q2 Loss Widens, August Deliveries Miss Mark
Chinese electric vehicle maker Nio Inc – ADR (NYSE: NIO) reported better-than-expected second-quarter revenue Tuesday, although the company's loss exceeded estimates. read more.....»»
Chinese Electric Carmaker Nio Announces $200M Debt Offering
Nio Inc – ADR (NYSE: NIO) shares, which have been broadly lower since forming a double top in late July, were seeing some upward momentum since Wednesday. read more.....»»