BYD expects its Q1 NEV sales to grow over 80% YoY, aims to be largest automaker in China by year-end
Based on January-February retail sales, BYD is already the largest automaker in China with an 11.8 percent share.
Nio brings over 300 partners together to help it achieve swap station build-out goal
Nio said it hopes to strengthen its relationships with partners to help it reach its plan to add 1,000 battery swap stations in 2023.
BYD's Q4 net profit up over 10 times year-on-year to $1.06 billion
BYD's net profit for the full year 2022 was up 445.86 percent year-on-year to RMB 16.6 billion.
China NEV insurance registrations for week ending Mar 26: BYD 43,490, Tesla 15,886, Nio 1,909
Nio is on track to reach its guidance, with 9,199 vehicles registered in the past four weeks.
Nio's 3rd-gen swap station makes real-life debut as mass production nears
Starting in June, Nio will basically keep building 120-150 battery swap stations per month, William Li previously said.
Nio ES7 and ET5 wait times become shorter
Wait times for both the Nio ES7 and ET5 are now around 3 weeks, compared to 4-6 weeks and 3-4 weeks respectively.
Nio stops ET7 production, to launch facelift this year, report says
A revamped version of the Nio ET7 is expected to be optimized for exterior and interior details and will likely be unveiled during the Shanghai auto show, according to a local media report.
Tesla starts deliveries of new Model S and Model X in China
Deliveries of the new Model S and Model X have begun in the Chinese mainland, nine years after the first Tesla vehicle entered the country in 2014.
Tesla rumored to push major Autopilot update in China soon
"Tesla China will soon push a major update to Autopilot," a well-known car blogger wrote on Weibo.
Nio signs deal with die-casting parts supplier Wencan
Wencan aims to supply products from near Nio's plants by 2025, and the two companies will work together to arrange capacity expansion plans.