Phate Zhang

A land acquisition and signing ceremony for Tesla's Megapack project was held in Shanghai on Friday morning, marking the official start of what the company called a "milestone project".

The start time of Nio Day 2023 will be 6:00 am US Eastern Time and 12:00 pm Central European Time.

As of mid-December, Fang Cheng Bao had 120 directly-managed stores in 62 cities in China.

China's NEV penetration at retail is expected to be around 41.4 percent in December, up from 40.4 percent in November.

Some vehicles' dashboards may show a higher remaining battery charge than actual, and in extreme cases, the vehicle can lose power before the charging warning light comes on.

The US government is discussing raising tariffs on some Chinese goods, including EVs, the Wall Street Journal reported. Chinese EVs currently entering the US are already subject to a 25 percent tariff.

Nio's current use of four Nvidia Drive Orin chips is fine for autonomous driving algorithms, but the next generation smart driving chip should do better, an executive said.

Xpeng is planning to stop updating the G3 lineup and may design a new product to replace it, according to local media.

The ET9 will be built on a 900 V high-voltage architecture to support faster charging and will also have an intelligent wire-controlled chassis for continuous upgradability, Nio executives said.

WeLion expects to begin supplying semi-solid-state battery cells to Nio in volume in April 2024, depending on Nio's needs.