Lei Kang

While Tesla made cars mobile computing terminals, the automotive industry's new mission now is to create mobile smart spaces, and that's what Xiaomi's car-making is coming for.

ET9 adds two Robin W medium-range wide-angle LiDARs for the first time, in addition to one Falcon ultra-long-range LiDAR. Nio's fourth-generation swap station will feature six Robin W LiDARs.

Xiaomi CEO said the event will be about technology only and not products, meaning the Xiaomi SU7 could still be a while away from an official launch.

Automakers including BMW, Mercedes-Benz, and IM Motors have announced that they are authorized to conduct L3 autonomous driving tests after China announced new regulations last month.

Nio's 1,000th battery swap station added this year is in Xi'an, where it will hold Nio Day 2023 one day later on December 23.

Li Auto's upcoming 800 V high-voltage all-electric platform will utilize STMicro's third-generation 1200 V SiC MOSFET technology.

The number of such stores is expected to reach 800 in 2024 and 1,000 in 2025, according to local media.

Nio has added 995 battery swap stations so far this year, and is just 5 more away from its goal of adding 1,000.

The Exeed Sterra ES is set to intensify competition in China's electric sedan sector and could also put Xiaomi, which is about to launch its first model, under more pressure.

China's retail penetration of NEVs was 38.7 percent in the December 1-17 period, and 35.3 percent year-to-date.