Nio3 Min Read RainManonDecember 26, 2023 Nio sets up parts firm in Chuzhou, possibly for Firefly brand Previous reports said Firefly models would be built at Nio's F4 plant in Chuzhou.
Tesla2 Min Read RainManonApril 14, 2023 Tesla sets up new-energy firm in Shanghai with registered capital of $2 million The company's business scope includes energy storage technology services and solar power technology services, and may be the operating entity…
BYD2 Min Read RainManonDecember 31, 2022 BYD establishes JV in Uzbekistan for local production The joint venture will focus on the production of several of BYD's best-selling models, including the DM-i super hybrid models, and related parts.
Xpeng2 Min Read RainManonDecember 21, 2022 Xpeng sets up another battery-related subsidiary after denying its own R&D plans The company, which has a registered capital of 5 billion yuan ($718 million), has a range of operations including battery manufacturing,…
Xpeng2 Min Read RainManonNovember 21, 2022 Xpeng establishes new subsidiary with business scope including battery making Xpeng may be preparing for future battery development. A month ago, a similar company established by Nio received a lot of media coverage.
Nio3 Min Read RainManonOctober 26, 2022 William Li responds to why Nio sets up battery-making arm Making batteries is a normal strategy for automakers, said William Li.
Nio2 Min Read RainManonOctober 25, 2022 Nio sets up battery business subsidiary in Hefei The company has a registered capital of RMB 2 billion ($275 million) and its business scope includes battery manufacturing and battery sales.
Nio2 Min Read RainManonJuly 27, 2022 Nio sets up software arm in Shanghai, possibly paving way for NAD launch Nio's assisted driving system, NAD, is available on a subscription basis with a service fee of RMB 680 per month and is expected to be…
Li Auto2 Min Read RainManonMarch 25, 2022 Li Auto’s SiC chip joint venture established with registered capital of about $47 million Previous information indicated that the company, which is 70 percent owned by Li Auto's affiliates, would focus on SiC chip development.
Li Auto2 Min Read RainManonMarch 11, 2022 Li Auto establishes venture capital subsidiary after Nio Li Auto's subsidiary engaged in venture capital was established on March 4 with a registered capital of RMB 600 million.