Lei Kang
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Nio adds 9 showrooms, 98 swap stations in Jul
As of July 31, Nio had 130 Nio Houses and 282 Nio Spaces worldwide.
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Ford officially merges its Mustang Mach-E business in China into local joint venture
Ford once had high hopes for the Mustang Mach-E in China, setting up a separate company to run the business. Now, the US carmaker is scaling back its ambitions in the business.
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BYD's Denza brand begins delivery of Denza N7 SUV
The Denza N7 is a Model Y competitor with a price range that overlaps considerably with the Tesla model.
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Evergrande NEV jumps over 40% after stock sees dramatic plunge on 1st day of resumed trading
After today's rally, Evergrande NEV stock is still down about 45 percent from before trading resumed.
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Nio's 1st Nio Hub in Netherlands to start trial operation on Aug 8
The Nio Hub will showcase all of Nio's models that have been launched in Europe and will support vehicle purchase, delivery, and maintenance.
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China's gasoline demand could peak as early as next year as EV sales soar
The IEA now expects China's gasoline demand to peak in 2024, bringing forward previous forecasts of demand leveling off in 2025/2026.
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Vlogger ruled to apologize and pay damages to Nio for infringing video
Cheshiji has been ordered to post an apology to Nio for 30 consecutive days and to pay 300,000 yuan in damages in a first-instance ruling.
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Audi launches e-tron GT in China, priced from $140,000
The Audi e-tron GT is powered by dual motors and can sprint from 0 to 100 km/h in 4.1 seconds with a WLTP range of 488 km.
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Great Wall's Ora brand begins taking pre-orders for Funky Cat EV in Brazil
Pricing for the Ora Funky Cat in Brazil will be announced in August, and deliveries will begin in October.
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BMW China team launches local R&D for L3 autonomous driving
BMW will be fully prepared for the future adaptation and application of L3 autonomous driving features in China in accordance with local regulatory requirements, it said.
