Phate Zhang

Mirattery saw the size of its battery assets under management grow from 0 to 10 GWh in 44 months, and from 10 GWh to 20 GWh in just nine months, the company said.

Deutsche Bank analysts expect monthly sales of the Nio ET9 to be 1,500 units, saying they appreciate the sedan's elegant design and advanced technologies. They expect Firefly's monthly sales to be 1,500 units as well.

Nio said the 999 units of the ET9's limited edition were sold out on the morning of December 22 Beijing time, with only the standard version now available.

The Firefly brand will rely on local partner outlets for sales in Europe, with construction costs for dedicated swap stations one-third those of Nio.

The Nio ET9 starts at RMB 660,000 under the BaaS battery rental model. Deliveries of the sedan are set to begin in March 2025.

The first Firefly model made its global debut and began pre-sales in China at RMB 148,800 yuan ($20,390), the same as the discounted electric Mini Cooper.

Nio founder William Li has launched personal accounts on X and YouTube, as the company aims to be in a cumulative 25 global markets in 2025.

By the end of 2025, 20 Xpeng Centers are expected to open in Australia.

Eve Energy has added one battery cell production line for the P7+ one month after the model's launch, and may add 2 additional ones next month.

The date for the next Beijing auto show has been set, with the Shanghai auto show due in about four months.