Tesla raises prices of two higher-trim Model Y variants both by $290 in China
The small price increases for the Tesla Model Y mean that the model is unlikely to revert to price cuts in the near future, and is expected to dampen the wait-and-see attitude of some potential consumers.
Nio to report Q4 earnings on March 1
Nio delivered 40,052 vehicles in the fourth quarter, above the upper end of its lowered guidance range of 38,500 to 39,500 vehicles.
Nio's inventory clearance of older models nears end
An Nio salesperson in Beijing said the older ES8, ES6 and EC6 models have been discontinued for two months and they are now out of stock in the city.
BYD so far ahead of Tesla in China that 'it's almost ridiculous,' says Charlie Munger
If all the manufacturing space BYD has to build cars in China is counted, it would amount to a big percentage of Manhattan island, Munger noted.
Nio says older models being phased out as planned, denies rumors of sales halt
Nio said the 2022 ES8, ES6, and EC6 are no longer being custom-built, but a small number of show cars and existing cars are still available for sale.
Tesla to halt production at Shanghai plant for more upgrades to produce new Model 3, report says
Tesla will halt some production at its Shanghai plant until the end of February in order to begin rolling out a revamped version of the Model 3 in the Chinese market, according to Bloomberg.
China NEV sales up 106% year-on-year in Feb 1-12, CPCA data show
Much of this is likely due to a low base caused by last year's Chinese New Year holiday.
Steve Cohen's Point72 triples position in Nio, clears Xpeng in Q4
Point72 increased its bet on Nio in the fourth quarter, re-bought Li Auto, but liquidated its position in Xpeng.
Li Auto to report Q4 earnings on Feb 27
Li Auto has previously released data showing it delivered 46,319 vehicles in the fourth quarter, up 31.51 percent year-on-year and up 74.63 percent from the third quarter.
Nio rumored to stop selling all NT 1.0 models starting Feb 16, new model deliveries likely to be moved up
All of Nio's current ES8, ES6, EC6 inventory and show cars will be sold to one entity, followed by an all-out push for sales of models based on the NT 2.0 platform, according to local media.