Phate Zhang

The Jiyue 07 is another 7-series model for the Chinese EV market. Jiyue just launched its first model, the Jiyue 01, on October 27.

Between December 1 and December 24, Nio was at 12,000 units, Xpeng at 12,500, Li Auto at 36,400, Tesla at 60,200 and BYD at 180,000 units.

Previous reports said Firefly models would be built at Nio's F4 plant in Chuzhou.

Changan and Ganfeng will set up a joint venture based on equal shareholding to accelerate solid-state battery development and manufacturing.

ClearMotion said its active suspension technology, ClearMotion1, will be used to equip the next generation of Nio EVs over the new product development vehicle program life.

The chip, called the Shenji NX9031, is built on a 5 nm process and has over 50 billion transistors.

Nio aims to add 1,000 battery swap stations and 20,000 charging piles in 2024 in China.

The Nio ET9 is now available for pre-order in China, with a pre-sale price of RMB 800,000, or roughly $112,150.

A video posted by Nio on Weibo shows some details of the ET9's wheels, showing that the Nio logo will remain stationary as the wheels turn.

BYD will build an NEV production facility in the Hungarian city of Szeged, which will be constructed in phases and is expected to create thousands of local jobs.