Nio has gained car production qualification by acquiring local automaker, report says
Nio acquired Leopard in a government-coordinated buyout to qualify for vehicle production, and potential further acquisitions of two of JAC's plants will allow it to end its history of contract manufacturing, local media said.
Xpeng unveils XNGP roadmap, new flying cars, bipedal robot at annual Tech Day event
By the end of 2024, XNGP will be available across the road network in major cities in China, and NGP functionality will be available in Europe by then, Xpeng said.
California Governor Gavin Newsom lauds BYD's technology after experiencing Yangwang U8 in Shenzhen
"This is another leap in the technology, I mean, next level leap," Newsom said after experiencing the tank turn feature of the Yangwang U8 in Shenzhen.
China EV insurance registrations for week ending Oct 22: Li Auto 9,000, Tesla 8,100, Nio 4,400
Between October 1 and October 22, Li Auto was at 26,800, Nio at 9,500, Xpeng at 9,400 and Tesla at 16,500 units.
Nio ES8, EC7 wait times further reduced to 2-3 weeks
The ES8 and EC7, Nio's highest priced models, both previously saw wait times reduced from 4-5 weeks to 3-4 weeks on October 11.
Baidu-backed Jiyue signs strategic cooperation deal with CATL
CATL is supplying batteries for the Jiyue 01, which will be officially launched on October 27.
Nio ES8 becomes designated car for G20 Entrepreneurship Roundtable
In addition to the ES8, the Nio ET7 will also be used as the designated vehicle for another major event to be held next month.
BeyonCa, EV brand founded by former VW exec Weiming Soh, signs deal with Saudi investor
BeyonCa has signed separate agreements with a Saudi investor and a Middle Eastern distributor.
Factbox: Nio's partnership with JAC explained in detail
Nio pays JAC for each vehicle produced on a per-vehicle basis monthly. It paid JAC an average of about $1,260 per vehicle in 2022.
BYD's ultra-luxury Yangwang U8 has over 30,000 orders, report says
BYD's Yangwang U8, which costs more than RMB 1 million, has gone into production with over 30,000 orders, according to a local media report.