New York-based Grizzly Research alleged that China EV manufacturer Nio used creative accounting to inflate its net income margins. Nio said on Thursday the claims had no merit and 'contained errors'.
GLy New Mobility Fund, a global mid-to-late-stage fund, said it made the investment in Vayyar Imaging, a 4D imaging radar-on-chip provider
Export volume from Shanghai is almost back to normal as carmakers prioritize them over domestic shipments.
China's electric vehicle makers are facing a perfect storm as Covid lockdowns add to rocketing input costs and the removal of some government subsidies.
Internal memo outlines plans to add more shifts to boost production to pre-lockdown levels even as suppliers struggle to provide parts.
Volvo said production was down at the end of the first quarter due to a shortage of a specific semiconductor and warned that the supply problem would persist
The mine will supply a new lithium battery production and manufacturing base in Yichun, which CATL agreed to build with the local government last year
China's production of batteries for new energy vehicles (NEVs) ramped up by an impressive 206.9% in the first quarter from the same period in 2021, Xinhua has reported
BYD's Han DM-i model is expected to sell more than 30,000 units per month, while price rises of raw material prices are slowing down
The Brazilian company will provide the cells, while Horwin Brasil will produce the "brain" of the component, in addition to the motorcycles themselves
Asia Financial's China Electric Vehicles Index, which tracks 14 leading EV makers, slumped 26.1% so far in 2022 and is down 13% in March.