Phate Zhang
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Holiday travel report: How does Nio compare to Xpeng, Li Auto, and WM Motor?
As the company with the most models and the largest vehicle fleet of these four companies, Nio's numbers lead in almost every way.
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Chinese official newspaper lauds Nio's move into overseas markets
Chinese automakers, represented by Nio, have seized the opportunity and started to share the big pie of the smart car market in Europe and the US, says the People's Daily.
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Li Auto reportedly bought chips from black market at 800 times the cost of normal prices
Li Auto reportedly bought thousands of EPB chips, which normally cost about RMB 6 per chip, for about RMB 5,000 each.
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GAC Aion posts sales of 13,586 units in Sept, up 124% year-on-year
GAC Aion said it received orders for 19,709 units in September, another record high.
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Chongqing Sokon, Huawei's partner in auto sector, sold 3,987 NEVs in Sept, up 83% year-on-year
Chongqing Sokon produced 4,243 NEVs in September, up 114 percent year-on-year.
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CICC says Xpeng's strong delivery performance reflects right strategy
CICC maintained its Outperform rating on Xpeng and reiterated its HK$215 price target on the company's Hong Kong-traded shares.
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Faraday Future dismisses short-selling report as nonsense
"Watch out, J Capital Research. It's not the first time you have made a fool of yourself," Faraday Future founder Jia Yueting wrote in both Chinese and English.
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Analyst says battery swap stations won't put big financial strain on Nio
This analyst said Nio's battery swap stations provide a differentiated experience for customers and will not cause significant financial stress in the short, medium or long term.
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Industrial Securities initiates coverage on Nio with Buy rating and $49.5 price target
Industrial Securities says Nio is expected to reach new levels of deliveries and profitability is expected to improve significantly as the new vehicle cycle kicks off in 2022.
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Nio says over 36% of users have at least one swap station within 3km radius
Nio added 90 battery swap stations in September, exiting the month with 517. As of October 7, the company's battery swap stations reached 523.
