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It turns out that Tesla might not be the world’s most sustainable car company. That mantle—for the m

UP Fintech reported revenues of US$60.2 million for the second quarter endedJune 30, 2021 compared t

Nio Inc said on Thursday it has dispatched the first set of its flagship ES8 electric seven-seater s

NIO Inc. LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car compan

Tesla Inc and local electric vehicle rivals such asNio Inc are growing the electric vehicle segment together in China and not eating into each other's market share, Zhongtai Securities analysts said, asreported by cnEVpost.What Happened:Chinese electric vehicle makers such as Nio,Xpeng Inc,Li Auto Inc andBYD Co along with Teslareported robust delivery numbersin June.Tesla has stepped up the competition in Chinaafter introducinga lower-priced Model Y variant. The strategy has paid off as the Elon

(Bloomberg) -- Temasek Holdings Pte posted its biggest annual return since 2010 after the Singapore

China International Capital Corporation Limited has updated its forecast for Nio Inc, saying it expects the Chinese electric vehicle maker to sell 98,000 cars in 2021, 5% more than its previous estimate, as per a cnEVpostreport.What Happened:The China-based investment bank estimates Nio’s production and sales to remain strong in the second half of the year.Nio delivered 21,896 units in the second quarter,near the upper end of the company's 21,000- to 22,000-unit delivery guidance, in line with