Phate Zhang

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.

Four of Nio's eight models saw slightly longer wait times, while two others saw shorter wait times.

They spread a large amount of false and inaccurate information, which seriously misled the market and disrupted the normal operation of Xiaomi's automotive business, Xiaomi said.

The direct impact of Alibaba's share sale on Xpeng shares should be transient and manageable, Morgan Stanley said.

Between December 1 and December 17, Nio was 7,900, Xpeng 8,700, Li Auto 24,300, Tesla 41,700, BYD 116,100.

At the end of February, Li's stake in Nio was 10.5 percent, with 44.2 percent of the voting rights. CYVN will hold a 20.1 percent stake in Nio after its latest investment.

BYD has caught up with Tesla's 17 percent share of the global BEV market in the third quarter and is expected to overtake Tesla as the global leader in the fourth quarter, Counterpoint Research said.