NewsNio lays off 70 employees and closes an office in the United StatesThe automaker is a public company listed on the New York Stock Exchange. 1 min read
Faraday will need more cash to get its assembly line moving. NewsFaraday Future raises USD 225 million to mass produce its electric vehicles1 min read
It said it put up massive billboards in the US to publicly shame Tesla NewsChinese ride-hailing firm Shenma claims 20% of its Tesla fleet malfunctioned2 mins read
The move brings Didi increasingly in contention with Uber. NewsDidi enters Colombia and Chile as it steps up Latin American expansion1 min read
The new plant will produce up to 100,000 EVs annually. NewsVolkswagen and Chinese state-owned automaker JAC plan a new mega EV plant in Anhui1 min read
Anticipating a bright future in China’s new energy vehicle market, the JV is set to invest USD 652.5 million in battery production. NewsThe world’s largest EV battery maker teams up with China’s oldest automaker to expand production capacity1 min read
Meanwhile, Didi Chuxing suspended a similar service following two rape and murder cases. NewsAnt Financial-backed Hello Chuxing boosts its ‘hitchhiking’ service with USD 75 million in subsidies2 mins read
It’s still a new high, but at slowing growth NewsChina’s new energy vehicle production to exceed 1.5 million this year1 min read
