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Nio to hold Nio Day in Chengdu on Jan 9, its first sedan likely to be unveiled

Chinese electric vehicle (EV) maker Nio (NYSE: NIO) said today that its next Nio Day event will be held in Chengdu on January 9, 2021.

CATL’s EV battery sales rank second worldwide, report says

LG Chem was the world's top seller of electric vehicle (EV) batteries from January to August and CATL, China's largest automotive lithium-ion battery maker, was second, a South Korean market research firm said Monday.

With launch of NOP, is Nio better positioned to handle competition from Tesla?

At the recent 2020 Beijing International Auto Show, Nio unveiled Navigate on Pilot (NOP) pilot assistance feature, which will be pushed to customers as soon as mid-October.

Tesla Model S Plaid starts taking orders in China, prices start from about $173,000

Shortly after taking reservations on the North American website, the Tesla Model S Plaid started taking reservations in China, with the same expected delivery date of late 2021.

How has Nio changed its fortunes in the past year?

For a year, the stock price of Chinese electric vehicle (EV) maker Nio (NYSE: NIO) seemed to be out of gravity.

Nio says it has delivered battery swap service to users more than 1 million times

As of October 5, 2020, Chinese electric vehicle (EV) maker Nio (NYSE: NIO) has provided more than one million free battery swaps to users, with a maximum of more than 500 battery swaps for a single vehicle, Nio said today.

Xpeng launches price protection policy in contrast to Tesla in China

A recent price cut on the China-made Tesla Model 3 has sparked a lot of discontent among new car owners. Seemingly in response, the company's local rival, Xpeng Motors, has taken the opportunity to introduce a price protection scheme for owners.

Xpeng delivers a record 8,578 units in Q3, up 266% year on year

Tesla's Chinese rival Xpeng Motors said on October 4 that it delivered 8,578 vehicles in the third quarter, up 266 percent year on year and a new high for quarterly deliveries.

Can Nio become the most valuable car company in China?

On June 10 of this year, Tesla's stock price surpassed $1,000 for the first time, overtaking Toyota as the world's largest car company by market capitalization.

Xpeng’s founder is also a low-profile VC funder

Apart from building cars, Xpeng Motors founder He Xiaopeng's LP portfolio has been little known.