Nio ramps up battery R&D efforts, taps talents from Apple, Panasonic, report says
Nio's battery R&D team has now exceeded 800 people, with annual R&D investment expected to exceed RMB 1 billion, according to local media.
Full text: Nio Q4 earnings call transcript
This is a full-text translation from CnEVPost of Nio's March 1 earnings call.
Spy shots: This could be what BYD F-brand's 1st model looks like
The model will be equipped with BYD's new powertrain and will outperform the Mercedes-Benz G-Class, according to local media.
Nio Q4 earnings: Deutsche Bank's first look
"Even if we exclude these one-time headwinds, vehicle of margin of 13.5% would have been a miss and lowest since 2Q20," Deutsche Bank said.
Nio Q4 earnings call: Live updates
Nio will begin deliveries of four new models in the second quarter, including the new ES6, with a fifth model to be delivered in July.
Nio reports record Q4 revenue, but falls short of expectations
Nio's vehicle margin was negatively impacted by 6.7 percentage points in the fourth quarter due to accelerated depreciation of production facilities and the loss of purchase commitments for older models.
Xpeng delivers 6,010 vehicles in Feb, up 15.18% from Jan
By the end of February, Xpeng's cumulative deliveries since its inception stood at 269,938 vehicles, data monitored by CnEVPost show.
Li Auto delivers 16,620 vehicles in Feb, up 9.77% from Jan
Li Auto's delivery guidance for the first quarter is 52,000 to 55,000 vehicles, and the latest figures mean it is on track to deliver between 20,239 and 23,239 vehicles in March.
Tesla upgrades China-made Model Y with new suspension system to improve comfort
The Model Y SUVs produced by Giga Shanghai since January 1 are equipped with an updated suspension system for improved comfort.
BYD's Denza brand hikes D9 EV price by $865
Deliveries of the Denza D9 EV began last week, with an executive saying at the time that the Denza received more than 10,000 new orders in February.