How far away is the RMB 200,000 China-made Tesla Model 3?
On October 1, the China-made Tesla Model 3 began a new round of price cuts: the Model 3 with standard driving range is adjusted to RMB 249,900 after subsidies, while the one with a longer range follows with a price cut to RMB 309,900 yuan. And it's only been five months since the last price cut.
Nio OS 2.7.0 released, brings NOP driver assistance feature
From October 10, Chinese premium electric car maker Nio (NYSE: NIO) started pushing Nio OS 2.7.0 update to ES6, ES8 and EC6 vehicles with current version 2.6.0 and above via FOTA.
Tesla to release latest automated driving software in few weeks for zero-intervention driving
Tesla will be releasing the latest version of its Full Self-Driving (FSD) software in a limited beta in the coming weeks, which will allow vehicles to drive with zero intervention, Tesla CEO Elon Musk tweeted on October 9.
Nio starts autopilot ‘arms race’ with launch of NOP driver assistance feature
In October 2018, Tesla pushed the NOA (Navigate on Autopilot) feature, unlocking advanced autopilot functions in highway conditions.
BYD sells 19,881 new energy vehicles in Sept, up 45% year-on-year
BYD, the Chinese auto giant backed by Warren Buffett, sold 19,881 new energy vehicles in September, up 45.32 percent from 13,681 in the same month last year, the company's announcement on the Hong Kong stock exchange showed today.
Nio-backed ride-sharing firm Dida Chuxing files for Hong Kong IPO
On the evening of October 8, Dida Chuxing, in which Nio holds a 17% stake, formally filed its prospectus with the Hong Kong Stock Exchange for a proposed public listing, which will be Asia's first ride-sharing IPO.
Nio officially opens its China headquarters in Hefei
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) today announced the official opening of Nio China's headquarters in the Anhui Pilot Free Trade Zone.
Nio selects conversational AI firm Cerence for collaboration on voice technologies
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) has selected Cerence (NASDAQ: CRNC), a conversational AI technology company that focuses on the automotive industry, for collaboration to deploy voice technologies in its products.
Chinese firm releases a car that costs more than Nio ES8, will the market buy it?
The HiPhi X, the first product of Shanghai-based Human Horizons' luxury smart electric car brand HiPhi, was recently launched, with a four-seat founder edition priced at RMB 800,000 ($117,800) and a six-seat founder edition priced at RMB 680,000, much higher than the RMB 468,000 price tag of the new Nio ES8.
Why isn’t Nio worried about Tesla’s frequent price cuts in China?
No other automaker has ever lowered prices as frequently as Tesla. In just one year, the official price of the Model 3 has been slashed by more than RMB 100,000 yuan, faster than the depreciation of used cars.