Phate Zhang

Nio is currently considering upgrades to its existing models based on its first-generation platform, including 5G support and cockpit upgrade, and hopes to have an answer soon.

Tesla said the issue does not exist in Model S/X, which have different cruise control lever positions and have a very small probability of false activation.

Tesla is conducting a huge recall in China, involving almost all vehicles sold in the country since 2019. This is related to just the vehicle software though, and the company will provide fixes via OTA.

Pony.ai is considering a US IPO for its to help it achieve its goal of commercializing its driverless ride-hailing service.

Building cars is a business that needs to burn money, so auto giant Geely has decided it wants to bring in external capital for its new premium electric vehicle brand Zeekr to accelerate its growth.

Good news for the global automotive industry hit by a global chip shortage.

"We're still debating and considering," said Peng, when asked about the time frame for a public share sale.

Geely said Friday it withdrew plans to list on China's Nasdaq-style sci-tech innovation board, also known as the STAR market, becoming the latest car company to do so after WM Motor.

The third anniversary of Nio Power is three days away, when more detailed operational data from Nio on the system is expected to be available.

"Nio, founded in 2014, is BrandGrow's Most Promising Emerging Brand for Growth in 2021 with a brand potential asset value of 736.1 billion yuan."