Phate Zhang
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Nio sets up insurance brokerage firm with registered capital of about $8 million
Nio recently incorporated an insurance brokerage company in Hefei, Anhui Province, where its China headquarters is located.
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Guosheng Securities initiates coverage on Xpeng with Buy rating and $66.7 price target
The team expects Xpeng's sales to reach 190,000 units in 2022 and 550,000 units in 2025 with a 7 percent market share in China.
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Nio opens new lines under Power Up Plan, second this year
To date, Nio has opened a cumulative total of 19 power supply lines under the Power Up Plan.
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Exclusive: Nio, Xpeng may use large die-casting units from their common supplier
Nio, Xpeng's supplier Guangdong Hongtu saw the 6,800-ton integrated die-casting machine come off the production line and started developing a 12,000-ton die-casting unit.
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Shanghai leads in China's NEV sales in 2021
Tesla Model Y and Model 3 both sold more than 20,000 units in Shanghai in 2021, making them the most popular models among local residents. The Nio ES6 is ranked fifth with 6,228 units.
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Emergency charging pod put into operation in China to ease resource constraints on highways
During non-holiday periods, these facilities can be relocated to charging stations in urban areas where charging demand is high.
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Dongfeng Motor delivers first 50 EVs with solid-state batteries
The vehicles, the Dongfeng E70, will enter service in cab markets in Jiangxi, Guangzhou, Zhejiang and Jiangsu.
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Nio ET5 to arrive in several markets, including Norway, in spring 2023, CEO says
Nio will start delivering the ET5 in China in September 2022.
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Nio-backed chip maker Black Sesame partners with self-driving tech provider MAXIEYE to create smart driving solutions
The two companies will release product solutions for a next-generation, high-level smart driving platform in 2022, covering both high-speed and low-speed scenarios.
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Mercedes-Benz responds to complaints from Chinese EQC owners, says it's actively looking into their concerns
Mercedes-Benz says it is actively studying customer feedback with the car and will use them as a basis to develop specific product optimization plans.
