Phate Zhang

Nio announced Friday that it will release its unaudited financial results for the second quarter of 2021 after the close of the US markets on August 11 (August 12 Beijing Time).

Vehicle development for the Nio sub-brand is already underway in Hefei, with Nio product planning director Yu Bin already involved in the sub-brand business and several headhunters beginning to recruit for the brand, the report said.

Effective immediately, the starting price of the Model 3 Standard Range version in China after subsidies has been reduced by 15,000 yuan ($2,323) to 235,900 yuan, Tesla announced Friday.

CATL's next-generation sodium-ion battery will exceed 200Wh/kg energy density, the company said.

It is not clear how many orders the agreement will bring to Nio, but its potential cannot be ignored.

Starting in 2023, Li Auto will launch two new platforms, the Whale and the Shark, and plans to launch at least two premium all-electric vehicles per year by then.

Li Auto has passed the Hong Kong Stock Exchange listing hearing and will soon become the second Chinese electric vehicle company to list in Hong Kong after Xpeng Motors, a filing shows.

Nio has user loyalty that is hard to match by any carmaker in China, and referral purchases are an important source of its sales. So how did Nio reach this achievement?

Nio put three new battery swap stations into operation Sunday, bringing the total number of the facility in China to 320.

Suzhou received 50% of the votes and became the city that hosted Nio Day 2021. Xi'an received 27% of the votes, and Hefei, where Nio's factory is located, received 23% of the votes.