What is the profitability bottleneck for Nio, Xpeng?
On October 22, Tesla announced its third-quarter financial results, with revenue and net profit up sharply year-over-year, and has been profitable for five consecutive quarters.
Li Auto optimises Li ONE's driver assistance system after series of accidents
Following several recent accidents, Chinese electric vehicle (EV) maker Li Auto (NASDAQ: LI) has released V1.4.18 beta version of its software, which optimizes the Li ONE's assisted driving system.
Xpeng adds six new cities to offer free charging to car owners
Chinese electric car company Xpeng Motors (NYSE: XPEV) announced in September that it would provide free lifetime charging service for Xpeng's first non-operating car owners who charge their cars at designated charging stations in selected cities. The company said today that from October 30, the service will cover new cities such as Haikou, Huizhou, Quanzhou, Weifang, Shantou and Zhuhai.
WM Motor announces recall of 1,282 vehicles due to risk of battery fires
WM Motor, the electric vehicle responsible for four spontaneous combustion accidents in 35 days, has announced a recall.
Tesla keeps dropping prices, does Nio need to worry?
In a year or so, the price of the China-made Tesla Model 3 has dropped from nearly RMB 400,000 to RMB 249,900. There's no doubt that an inexpensive, high-quality Tesla has enough momentum to disrupt the EV market, can Xpeng and Nio handle the challenge?
BYD to unveil new EV platform, first model to be released next year
Chinese carmaker BYD is pre-researching its next-generation high-performance, high-safety pure electric vehicle platform, which will apply a host of innovative technologies to take full advantage of the electric vehicle's space, driveability and intelligence, Chinese media quoted BYD senior vice president Lian Yubo as saying.
Nio exec says record sales will be the norm in near future
"Nio sales are setting new all-time highs every month, which we estimate may become a norm in the near future and reflects customer acceptance", said Shen Feng, executive vice president of Nio, on October 27.
Is high-precision positioning at the heart of smart cars?
In October 2020, GAC New Energy, as a traditional car company, and Nio, as a new powerhouse in car manufacturing, respectively ushered in an unprecedented OTA upgrade.
Nio in spotlight as owner claims he was charged $20,800 to replace a tire
Nio has recently become the center of attention again due to complaints from a car owner.
From three minutes to 30 seconds, Nio-led battery swap mode sparks race
Since September this year, Chinese car companies have accelerated the construction of battery swap stations, while battery swap speeds are also competing to shorten.