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EV maker

Chinese EV maker Nio to amp up battery-swap network with 900 faster stations this year

by Anas Siddiqui
Chinese EV maker Nio to amp up battery-swap network with 900 faster stations this year

“Only one-third of Chinese EV owners have charging piles for household use,” he said. “Charging facilities and technologies still need to be improved to further ease range anxiety.” Nio will …

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China Evergrande’s EV unit caught unawares by demand for US$268 million of subsidies by local governments

by Anas Siddiqui
China Evergrande’s EV unit caught unawares by demand for US8 million of subsidies by local governments

The carmaking unit of troubled property giant China Evergrande has been asked by China’s local governments to return 1.9 billion yuan (US$267.7 million) of subsidies after the company failed to …

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Tesla May Have Committed Securities, Wire Fraud With Autopilot

by Horatio Thompson
Tesla May Have Committed Securities, Wire Fraud With Autopilot

So folks, it’s looking like U.S. prosecutors’ probe into Tesla and Autopilot will be going well beyond whether the systems actually work or not. Regulators are now looking to see …

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Chinese EV maker Nio gets US$2.2 billion investment from Abu Dhabi fund

by Anas Siddiqui
Chinese EV maker Nio gets US.2 billion investment from Abu Dhabi fund

CYVN Holdings, an investment fund controlled by the Abu Dhabi Investment Authority (ADIA), has invested US$2.2 billion in Nio, making it the first Middle East investor to take a substantial …

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