Phate Zhang

BYD became the first Chinese car company to cross this historic threshold in new energy vehicle sales.

If Nio is able to take advantage of this subsidy from Chongqing, its battery swap station construction costs in the city will be significantly reduced.

Arcfox unveiled the Arcfox α-S last month, with the higher-spec version featuring the Huawei Inside solution. Now, according to the latest report, orders for this model have exceeded 1,000 units in only one month.

Huawei Consumer BG CEO Richard Yu has set a goal of selling 300,000 cars next year, and the company plans to sell cars in 200 stores by the end of July, increasing such stores to more than 1,000 by the end of the year, according to Tencent News.

After Huawei shifted its business focus from cell phones to automobiles, Yu is the single most important spokesperson.

The two sides plan to cooperate in charging, battery swap facility construction, and charging resource sharing to create a charging experience that is "more convenient than refueling", according to Nio.

Nio's first ET7 sedan from Validation Build has rolled off the production line on May 13, marking another step closer to mass production of the model.

A Weibo blogger said he guessed that the cause of the accident was that the owner may have taken the assisted driving feature for self-driving, although this was not officially confirmed.

Now the company has been reborn after a restructuring and has announced the launch of its first battery swap-enabled mass-produced model.

If CATL does raise its LFP battery prices by 10%, then China-made Tesla Model 3 entry-level model and the lower-priced LFP-equipped models that Xpeng Motors just started delivering will have to face higher costs.