Why does JAC plan to buy NIO's plant assets? Here are possible explanations

JAC's plan to buy NIO's assets may be to deepen its interest connection with NIO and solidify their vehicle OEM production relationship, industry watchers say.

BYD facing daily production loss of at least 2,000 units in recent days as some workers infected with Covid

A BYD executive said BYD will sell around 1.88 million units this year, suggesting December sales are expected to be around 247,000 units.

Tesla set to see its 10,000th Supercharger in Chinese mainland go live on Dec 26

Tesla's 10,000th Supercharger in the Chinese mainland will go live under the Shanghai Oriental Pearl TV Tower on December 26.

GAC Aion begins pre-production performance testing of Hyper SSR supercar

The Hyper SSR supercar has a maximum output of 1,225 horsepower and can accelerate from 0 to 100 km/h in 1.9 seconds.

China's NEV retail sales expected to be about 700,000 units in Dec, CPCA says

In terms of retail sales, China's NEV penetration rate is expected to be about 31.8 percent in December, lower than the 32.3 percent in November.