On Friday, Qin Lihong, the president of Chinese electric vehicle maker Nio Inc said, it plans to have 4,000 battery swapping stations globally by 2025. Nio, which makes premium electric cars, aims to have 700 battery swapping stations by the… Read More ›
Nio Inc
Chinese EV maker Xpeng Inc secures $2 billion credit facility for expanding manufacturing and sales
On Tuesday, Chinese electric vehicle maker Xpeng Inc said, it has secured a $2 billion (12.8 billion yuan) credit line from five Chinese banks for expanding its manufacturing and sales. New York-listed Xpeng, which has a market value of $35… Read More ›