BaaS: What has changed with Nio's battery rental service?
Nio launched its long-awaited BaaS (Battery as a Service) on August 20, and the centerpiece of the launch was the two special "car invoices". For the first time, a Nio ES6 customer completed the purchase process of "buying a car without a battery".
Tesla exec says China-made Model Y will roll off production line early next year
The China-made Model Y will begin rolling off the production line at the Shanghai Gigafactory in early 2021, cls.cn cited an unnamed Tesla executive as saying on August 20.
Nio launches BaaS battery rental service, brings car prices down by about $10,000
Chinese electric vehicle (EV) maker Nio today announced its BaaS (Battery as a Service) battery rental service, which eliminates the need for buying the battery for all Nio models and reduces the price of a car by at least RMB 70,000 yuan (about $10,000).
Nio sets up battery asset company, CATL has taken a stake
The Nio-led battery asset management company, Wuhan Weineng Battery Asset Co. has been established on August 18, according to data provider Qichacha.
GAC Nio promises never to 'profit' more than 1% as it becomes 1st car maker to publish BOM costs
Liao Bing, founder of Chinese electric car maker GAC Nio, promised at a presentation in Beijing on August 18 that its combined hardware profits would not exceed 1% and any excess will be returned to customers.
What is the difference between Nio, Li Auto and Xpeng? Financials tell everything
With Nio, Li Auto already publicly traded in the US, and Xpeng set to go public in the US this month, there's a direct and measurable differentiation between these three Chinese EV companies based on their first half of 2020 performance.
Tesla's Chinese rival Xpeng may go public in US on August 27
Tesla's Chinese rival and Alibaba-backed Xpeng Motors is expected to trade on the New York Stock Exchange next week, possibly on August 27, Chinese website ifnews.com cited a source as saying.
Tesla says it never blacklisted any car owners
The Wuhan owner, who was previously denied delivery by Tesla, finally managed to get his Model 3. However, the company denied his claim that he was blacklisted by Tesla in a statement.
Chinese buyer denied delivery by Tesla finally gets his Model 3
On August 18, with the assistance of Chinese e-commerce platform Pinduoduo and its merchant Yi Auto, the owner who was previously denied delivery and got his order cancelled by Tesla have successfully picked up his car and have insured it.
China's first battery swap standard led by Nio and BAIC passes review
A recommended national standard for electric vehicle battery swap safety requirements led by Beijing Electric Vehicle Co., Ltd. (BJEV), Nio, and China Automotive Technology and Research Center, has passed the review by the National Technical Committee of Auto Standardization.