Phate Zhang
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Analysts expect Volkswagen's joint venture with JAC to be its new growth pole in China
CITIC Securities expects Volkswagen Anhui to reach annual sales of 200,000 units by 2025.
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Nio adds 9 swap stations in China, bringing total to 814
The Chinese New Year holiday is next week, and the peak travel season starts this week.
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Tesla says its Supercharger network covers all cities in Anhui province
So far, Tesla has opened 22 Supercharger stations in Anhui province.
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Nio issues first NFTs, but only for employees
Each year Nio issues a brooch to its employees to mark Nio's growth, and this year's theme is Hello Norway.
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Geely, Lifan form joint venture to tap battery swap market
The joint venture will build a smart battery swap ecosystem based on in-house developed technology to provide competitive products and services, said Geely.
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CATL reportedly building new factory next to Tesla Giga Shanghai besides existing pack assembly plant
CATL's current facility near Tesla's Giga Shanghai is primarily being used to assemble battery modules, while a new facility is under construction, according to local media.
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Robot vacuum maker Roborock founder's car-making project reportedly gets Tencent investment and rejects Nio Capital
Rox Motor received $100 million in financing in late 2021, with Tencent's investment amounting to more than $50 million, according to local media.
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Why is Nio setting up an insurance unit?
Industry sources said that carmakers can integrate insurance services and sales by setting up their own insurance business, which can also maintain a closer relationship with users.
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Hozon, which owns Neta brand, reportedly seeks pre-IPO financing at $7 billion valuation
Hozon is seeking to raise about $500 million ahead of a potential Hong Kong IPO this year, valuing it at RMB 450 ($7.1 billion), Bloomberg reports.
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Guosheng Securities initiates coverage on Nio with Buy rating and $50 price target
The team said Nio is a first mover in the premium electric vehicle market and is bullish on its potential for intelligence and the expansion of its user base with lower-priced products.
