Phate Zhang

Nio management recently said that despite the efforts of its European team, the company's local infrastructure is still lower than internal expectations.

The team calls Nio management's long-term strategy the Blue Sky Blueprint, saying it will be a moat for the EV maker, though it's very costly to build.

The P7 is a crucial model for Xpeng, contributing 49 percent of the company's sales in 2022.

Turkey has imposed an additional 40 percent tariff on China-made electric vehicles as the country prepares to launch its first locally produced EV, the Togg.

A female former intern claims she was treated unfairly after being sexually assaulted while working at Nio. The company issued a clarification, but it was challenged by the lady.

The new Xpeng P7 will be named P7i and will go on sale next week, when pricing information will be announced, according to local media.

In the first two months, Tesla sold 140,453 China-made vehicles, up 20.71 percent from the same period last year.

Nio's battery R&D team has now exceeded 800 people, with annual R&D investment expected to exceed RMB 1 billion, according to local media.

This is a full-text translation from CnEVPost of Nio's March 1 earnings call.

The model will be equipped with BYD's new powertrain and will outperform the Mercedes-Benz G-Class, according to local media.