Phate Zhang
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Nio to allow users who have opted to rent a battery to switch to buying one
For those who initially chose to purchase a car under the BaaS option, Nio will offer them an option they can regret.
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Further Reading: BYD -- The triumph of technologists
BYD and Huawei are similar in that they both achieved product leadership through breakthroughs in core technologies.
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BYD says its cumulative sales of NEVs reach 1.8 million units
BYD entered the auto industry in 2003, and it sold its first NEV in 2008.
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Pony.ai becomes first self-driving firm to get taxi license in China
Pony.ai has received a license to operate 100 Robotaxis as traditional cabs in Nansha district, Guangzhou city, Guangdong province.
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In Shanghai, people still more than willing to pay $14,230 to get a fuel license plate
There were 182,925 bidders for 10,300 license plates for fuel vehicles this month, a winning rate of 5.8 percent.
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Nio opens new route under Power Up Plan in Fujian, East China
The route is a seaside tourist route in Fujian province, covering a large number of well-known tourist attractions in the region.
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BYD announces buyback plan for its shares traded in China's A-share market
BYD plans to buy back shares worth RMB 1.8 billion to RMB 1.85 billion for its employee stock ownership plan.
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Li Auto included in Shanghai-Hong Kong stock connect
The mainland-Hong Kong stock connect includes two channels, Shenzhen and Shanghai, and Li Auto's shares traded in Hong Kong were included in the Shenzhen channel last month.
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Guosen Securities initiates coverage on Nio with Overweight rating
The analyst expects Nio to post a net loss of 7.3 billion yuan this year, a loss of RMB 4.4 billion next year, and a profit of RMB 800 million in 2024.
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Tesla says its Supercharger network covers all cities in Shanxi, North China
To date, Tesla has 14 Supercharger stations in Shanxi province, including 79 charging piles.
