Lei Kang

Nio said it and CYVN, as well as their respective subsidiaries, will continue to work closely together in pursuing strategic and technological collaborations in international markets.

Aito plans to launch a new model, the M8, in 2024, when it will have at least four models on sale, according to local media.

Xiaomi SU7 price is not yet finalized, but it does seem a bit expensive, Lei Jun said.

Available in both EREV and BEV versions, the Aito M9 is expected to compete with Li Auto's Li L9 and Nio's ES8.

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.