Phate Zhang

Lexus' annual sales of internal combustion engine vehicles in China are in the range of 200,000 units.

Nio unveiled a new charging pile with up to 500 kW of power that will make charging electric vehicles faster, especially for other brands.

LiDARs and Nvidia Orin chips enable more accurate vehicle-station collaboration to support functions such as summoning and auto-parking.

Nio has begun allowing consumers to pre-order the EC7 and the all-new ES8, with deliveries set to begin in May and June 2023, respectively.

Nio is holding Nio Day 2022 in Hefei, Anhui province, and here is a live update from CnEVPost.

In terms of retail sales, China's NEV penetration rate is expected to be about 31.8 percent in December, lower than the 32.3 percent in November.

JAC's plan to buy Nio's assets may be to deepen its interest connection with Nio and solidify their vehicle OEM production relationship, industry watchers say.

JAC did not give a specific reason, but said the move will help it deepen its strategic partnership with Nio.

The first model of the Yangwang brand will have powerful motors and a high-safety battery, an executive said.

Nio today shared a short video on its mobile app suggesting it will launch a new model with an electric rear wing at Nio Day 2022 in two days.