Phate Zhang

It's not clear if Xiaomi intends to enter the pickup truck market in the future. China is currently easing restrictions on the movement of such vehicles in urban areas.

Nio Capital led a recent funding round of about $50 million in ARM CPU startup CIX Technology, bringing the company's post-investment valuation to about $300 million, according to local media.

In an interview with McKinsey, Nio co-founder and president Qin Lihong explained in detail the results of the company's user operations and the longer-term considerations.

Lotus' Wuhan plant, with a total investment of more than RMB 8 billion ($1.2 billion), was officially completed on July 15.

This is the first production vehicle to be equipped with Huawei's full-stack smart car solution, and its delivery comes more than a year after its unveiling.

In a 94-page report, CITIC Securities shows the entire process of dismantling a Tesla Model 3.

The failure in the Li L9 test car is a one-off issue for non-production models, and Li Auto will address the issue in the final production vehicle, the company said.

The two sites CATL is considering are both near the Texas border, and the company is considering investing as much as $5 billion in the project, according to Bloomberg.

On April 29, Nio announced that the first tooling trial (TT) builds of the ET5 sedan rolled off the line at NeoPark on the first anniversary of its construction launch.

Nio wanted to make sure it could provide a good experience for its users before deciding to enter a new overseas market, but some users may not be able to wait any longer.