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(XIACF) – Xiaomi To Open Car Plant In Beijing With Annual Output Of 300K Vehicles

Chinese language designer and producer of client electronics Xiaomi Corp (OTC: XIACF) says it is going to construct a automotive plant in Beijing which is able to produce near 300,000 automobiles yearly.  The plant can be constructed for its electrical automobile unit. It’ll… Continue Reading

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(VWAGY), NIO Inc. (NYSE:NIO) – EXCLUSIVE: Volkswagen Says Trying Out Battery-Leasing For All ID. Electric Vehicles Currently On Sale In China

Volkswagen Group (OTC: VWAGY) is providing ID. electrical automobile patrons in China an choice to lease out the battery to convey down possession price because the German automaker seems to be to compete with Tesla Inc (NASDAQ: TSLA) and homegrown… Continue Reading

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Alibaba (NYSE:BABA), JD.com (NASDAQ:JD) – Alibaba, Nio Rival Xpeng Dip In Hong Kong: JD, Tencent And Baidu Strike Gains As China Data Beats Estimates

Shares of Alibaba Group Holding Restricted (NYSE: BABA) and Xpeng Inc. (NYSE: XPEV) fell in Hong Kong on Monday, whereas JD.Com Inc. (NASDAQ: JD), Tencent Holdings Inc. (OTC: TCEHY), and Baidu Inc. (NASDAQ: BIDU) traded increased and Li Auto Inc.… Continue Reading

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Tesla Motors, Inc. (NASDAQ:TSLA), NIO Inc. (NYSE:NIO) – Tesla China Sales Rise 350% YoY In October But Drop 2.8% Sequentially: CPCA Data

Tesla Inc’s (NASDAQ: TSLA) China wholesale quantity rose four-fold in October on a year-on-year foundation however slipped when in comparison with a month in the past, as per the China Passenger Automotive Affiliation (CPCA). What Occurred: The Elon Musk-led firm offered… Continue Reading

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Tesla Motors, Inc. (NASDAQ:TSLA), NIO Inc. (NYSE:NIO) – Nio CEO Missing From Forbes’ China’s 100 Richest List But Tesla Supplier CATL’s Founder And These EV Entrepreneurs Make The Cut

Alibaba Group Holdings (NYSE: BABA) co-founder Jack Ma has been named the fifth-richest particular person in China, two ranks under battery provider CATL Chairman Robin Zeng within the newest Forbes “China’s 100 Richest” checklist. What Occurred: Ma, who misplaced the title as… Continue Reading

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What are they doing now?

The fast progress of mainstream consideration towards cryptocurrencies has compelled the palms of quite a few governments to create their digital alternate options. Over the previous few years, curiosity from varied jurisdictions has been pointed in direction of central financial… Continue Reading

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NIO Inc. (NYSE:NIO), (LI) – Nio Said To Increase Production Capacity By 20% At Hefei Plant, Aims For Another 100% Rise By Mid-2022

Chinese language electrical car maker Nio Inc (NYSE: NIO) stated on Friday it might be capable to double annual manufacturing capability at its Hefei facility in 2022, cnEVpost reported. What Occurred: The automaker, seen as a rival to Tesla Inc… Continue Reading