Nio Onvo says deliveries have exceeded 7,000, reiterates monthly volume to exceed 20,000 in Mar 2025
Orders for the Onvo L60 far outperformed those for other models launched at the same time, with production orders already lined up for the first quarter of next year, Onvo president said.
Nio to enter Azerbaijan auto market
Nio already has a vehicle sales and service partner in Azerbaijan, said its president, Qin Lihong, who will also check out the site for Nio's first local Nio House.
Most of Nio swap stations in Shanghai deliver over 100 services per day, says CFO
A battery swap station can break even if it serves 60 to 70 times a day, Nio's CFO said.
Zeekr unveils series of deals that will see it acquire 51% of Lynk & Co
Zeekr expects to use its own cash reserves and external financing to fund the acquisition.
Zeekr sees net loss narrow significantly in Q3, revenue down slightly
Zeekr saw its net loss decrease by 37.0 percent in the third quarter, while lower battery pack sales dragged down revenue.
Ehang completes 1st ever flight test of eVTOL powered by solid-state batteries
Ehang aims to achieve certification and mass production use of solid-state batteries in the EH216-S eVTOL by the end of 2025.
Geely reportedly to integrate Lynk & Co into Zeekr brand
Zeekr and Lynk & Co will undergo a strategic integration with the goal of achieving Zeekr's controlling stake in Lynk & Co, according to a Chinese state-run media report.
China's year-to-date NEV production surpasses 10 million mark
China's NEV production for the full year 2024 is expected to exceed 12 million units.
CATL would build plant in US if Trump clears path, chairman says
CATL would consider building a plant in the US if Trump opens the door for Chinese investment in the US EV supply chain, the battery maker's chairman Robin Zeng said.
BYD to enter South Korean passenger car market in 2025
BYD Korea said it has “completed review to release passenger car brands in the domestic market” and expects to enter the South Korean market early next year.