Phate Zhang
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Nio's William Li says reaching 500 battery swap stations this year is conservative goal
Nio also expects to release new initiatives for charging station service facilities, laying the groundwork for rapid growth in its user base, he said.
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Nio's William Li says second sedan will be launched in the future, more competitive than Tesla Model 3
After the Nio ET7, Nio will "definitely" launch a second sedan that will be more competitive than the current Tesla Model 3, said William Li.
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GAC expected to unveil battery technology with range of up to 1,000km on Friday
GAC announced Wednesday that it will showcase its super-fast-charging battery technology as well as its silicon cathode battery technology at the annual GAC TECH DAY event on April 9.
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Battery swap, a business model led by Nio, finds huge success in an area you wouldn't expect
Businesses that see the opportunity have copied Nio's BaaS model by bringing battery rental services to the sale of electric scooters.
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Geely sells 5,657 NEVs in March, up 123% from February
Geely's sales of all vehicles reached 100,029 units in March, up about 37 percent from a year ago and about 30 percent from February.
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Nio's 100,000th vehicle, an ES8, rolls off production line
Nio's 100,000th mass-produced vehicle, a blue ES8, rolled off the production line at its manufacturing base in Hefei, Anhui Province on April 7.
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Nio's William Li says confident that sales in Chinese market will exceed 1 million
William Li, founder and chairman of Nio, said he is confident that the Chinese electric car maker will become the smart electric car brand with sales exceeding 1 million in China.
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Xpeng said to be developing its own chip, expected to tape out as early as year-end
Xpeng Motors has launched its own chip project several months ago, working simultaneously in China and the US to focus on a dedicated chip for autonomous driving, 36kr reported Wednesday.
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Li Auto to issue up to $750 million in convertible notes, shares fall 4% after hours
Chinese electric car maker Li Auto announced plans Monday to issue up to $750 million in convertible senior notes due 2028 , its first capital markets financing so far this year.
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BYD sells 24,218 NEVs in March, up 134% from February
Warren Buffett-backed Chinese electric car company BYD's new energy vehicle sales in March were 24,218 units, up 134% from February and 98% year-on-year.








