Nio's single-day battery swap service hits record high on Labor Day eve
On April 28, Nio saw a record 62,746 battery swap services provided in a single day, with the stations along highways providing 104 percent more service than the previous day.
Nio suffers complaints from ES7 owners who believe upcoming new ES6 hurts their interests
Disgruntled ES7 owners have asked Nio to offer additional benefits as compensation, but have been denied.
Gotion posts 135% year-on-year profit growth in Q1, site for US battery plant nears finalization
Gotion is in the process of exploring a battery plant in the US, and the site is close to being decided, a company executive said.
Nio begins deliveries of EC7 coupe SUV earlier than originally planned
The EC7 was launched on Nio Day 2022, December 24, 2022, and Nio had planned to begin deliveries of the model in mid-May.
Shanghai auto show ends: Visitors nearly 1 million, NEVs overtake ICEs in new launches
For the first time, NEVs outnumbered traditional fuel vehicles in terms of new launches, organizers of the Shanghai auto show said.
BYD posts over 400% year-on-year Q1 profit growth
BYD reported revenue of RMB 120.17 billion in the first quarter, up 79.83 percent year-on-year, although it was 23.15 percent lower than in the fourth quarter of last year.
Li Auto to report Q1 earnings on May 10
Li Auto delivered a record 52,584 vehicles in the first quarter, which is near the lower end of its guidance range of 52,000 to 55,000 vehicles.
BYD applies for dual counter trading on Hong Kong exchange
The dual-currency counter model will provide BYD shareholders and potential investors with a new trading currency option that could further enhance the liquidity of its shares, BYD said.
BYD officially launches Seagull to expand its presence in China's EV market
BYD has officially launched the Seagull with a starting price of just RMB 73,800, after starting pre-sales of the Yangwang U8, which costs over RMB 1 million, last week.
Nio sees cumulative user mileage exceed 10 billion km
This equates to a reduction of 1.07 million tons of carbon emissions, as well as saving customers about RMB 7 billion in energy costs.
