Nio

Between December 1 and December 17, Nio was 7,900, Xpeng 8,700, Li Auto 24,300, Tesla 41,700, BYD 116,100.

At the end of February, Li's stake in Nio was 10.5 percent, with 44.2 percent of the voting rights. CYVN will hold a 20.1 percent stake in Nio after its latest investment.

CYVN will increase its stake in Nio to about 20 percent with its latest investment, after finishing a roughly $1.1 billion investment in July.

After 1,044 kilometers of driving, the Nio ET7 has a remaining charge of 3 percent or 36 kilometers of remaining CLTC range.

Nio will launch the ET9 at Nio Day 2023 on December 23, trying to enter a market dominated by models including Mercedes-Benz Maybach.

Li will drive an ET7 with a 150-kWh battery pack from Shanghai on December 17 at 6:30 am local time and live-stream his experience.

Nio will launch the Firefly brand in Europe in 2025, Reuters quoted the EV maker's president as saying.

Innovusion said last month that it had exceeded 200,000 cumulative LiDAR deliveries.

Nio is still in the planning stages for entering North America, but will enter the UAE in 2024, William Li said.

Li said the battery swap business could become profitable if it averages 60 orders per station per day, and that figure has already reached 80 in Shanghai.