Nio

As China’s EV charging network approaches 2 million stations, both public and private operators are looking to expand their footprint, while battery swapping may offer a convenient alternative.

The new capital can fully fund the production of the FF 91 model, the company says.

The company has tapped various sources to stay afloat.

Analysts are skeptical about the sustainability of Nio’s growth.

China’s EV companies have been posting record-breaking sales in the latter half of 2020.

Faraday’s flagship vehicle FF 91 is still far away from mass production.

Rival Tesla started selling its Shanghai-made Model Y on Friday, at a price that is undercutting local competitors.

The pandemic accelerated tech trends that will continue to dominate daily life in 2021.