It's not mandatory and owners can take it voluntarily. Tesla recommends owners get a score of 80 or higher on the exam before taking delivery of their vehicles.
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Baillie Gifford had been optimistic about the social e-commerce potential of the NIO App and expected that NIO Life's annual sales would reach RMB 200 billion i
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In the first quarter of 2021, SGMW shipped in excess of 100,000 electric cars in China, leaving behind Tesla, NIO, BYD and all others.
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EVE Energy's power cell installed base in April was 0.22 GWh, with a 2.6% market share. from January to April, the company's power cell installed base was 0.61
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Competition in the LiDAR space is fierce, with both traditional car companies and tech companies entering the market in various ways.
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XPeng exported more than 300 G3 SUVs in the first quarter and plans to start delivering P7s in Norway in the second half of the year.
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Vehicle margin benefitted from recognition of XPILOT software revenue and lower material costs (+330bps QoQ to 10.1%, ahead of our 9.7%).
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XPeng reported first-quarter revenue of RMB 2.95 billion ($450.4 million), beating Wall Street expectations of RMB 2.886 billion, according to unaudited results
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NIO is actively reinforcing its business through infrastructure-related collaborations.
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Attracted by the initial success of NIO and the support of Chinese policy, the battery swap model for electric vehicles is about to see more players.
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