Nio's swap stations in Shanghai close to profitability, CEO says
Nio now has 183 battery swap stations in Shanghai, providing more than 9,000 services per day.
Xpeng reportedly to launch dedicated insurance to boost use of smart driving features
Xpeng will launch customized smart driving insurance products with some insurers based on its accumulated technologies and user data, said local media.
Nio offers up to $140,000 in rewards for tips on malicious online attacks
Nio starts offering rewards of between RMB 10,000 and RMB 1 million ($140,000) for tips on malicious online attacks.
Nio to launch new models or facelifts every quarter from Q2 onwards, CEO says
Some of the facelifted models are expected to be revealed in a regulatory catalog next week, and will feature horizontal center screens and Nio's own Shenji autonomous driving chip.
BYD Denza sees 1st production cars of N9 SUV roll off line
- Denza's sales chief previously said the N9 would be launched in the first quarter.
- The Denza N9 is a six-seat large hybrid SUV model that is 5,258 mm long.
Xpeng expects to break even for single quarter sometime in 2025, CEO says
Xpeng CEO He Xiaopeng also told Nio CEO William Li that he should personally oversee the supply chain business.
Tesla China sells 63,238 cars in Jan, down 33% from Dec
Tesla China's sales in January, including exports, were down 11.49 percent from 71,447 a year ago and down 32.56 percent from 93,766 in December.
China EV insurance registrations for 2 weeks ending Feb 2: Nio 3,300, Onvo 2,480, Tesla 13,400, BYD 68,100
- Xpeng was at 11,100 units, Li Auto 11,000, Xiaomi 8,500, Zeekr 4,500, Leapmotor 9,500 and Aito 7,700.
- Industrial production in China was disrupted by the Chinese New Year holiday from January 28 to February 4.
Nio Onvo ramps up promotions in renewed price war
Onvo continues to offer a zero down payment, three-year interest-free financing program and additionally began offering option discounts.
Xiaomi working on boosting car production capacity, says CEO
Xiaomi CEO Lei Jun is discussing with colleagues in charge of vehicle manufacturing how to further boost capacity.