China International Capital Corporation Limited has updated its forecast for Nio Inc (NYSE: NIO), saying it expects the Chinese electric vehicle maker to sell 98,000 cars in 2021, 5% more than its previous estimate, as per a cnEVpost
Chinese automaker BYD Co Ltd’s (OTC: BYDDF) all-electric vehicle sales more than doubled in June and the company sold more than twice as many electric vehicles as its U.S.-listed rival Nio Inc (NYSE: NIO).
Tesla, Inc. (NASDAQ: TSLA) reported record quarterly deliveries for the second quarter despite worries about a slowdown in China pulling down overall performance. The performance, however, was shy of estimates by some analysts.
Chinese electric vehicle maker Li Auto Inc (NASDAQ: LI) on Thursday reported a jump in quarterly deliveries helped by strong demand for its six-seat, large premium electric SUV Li One, its only vehicle on sale currently.
XPeng Inc. (NYSE: XPEV) shares were moving Thursday after the company announced it delivered a record number of cars in June. The company delivered 6,565 vehicles in June, up from 5,686 vehicles in May.