Phate Zhang

This includes 11 battery swap stations, 7 supercharging stations, and 17 destination charging stations.

The project has a planned annual capacity of 100,000 units and will achieve an annual output of more than 30 billion yuan when it reaches production, Xpeng said.

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?