Nio shares down 23% pre-market as its Q1 guidance disappoints
Nio, China's leading EV startup, reported bigger-than-expected losses in the fourth quarter in 2019, according to unaudited financial results announced today.
Tesla says it has upgraded chips for over 100 car owners in China
A few days ago, some car owners revealed on the Internet that their China-made Model 3 car computers used older chips.
Using CarPlay and Android Auto is even worse than texting, study says
A new study of driver behavior shows that Apple CarPlay and Android Auto touch screens have a greater negative impact on driving performance than texting, marijuana use, or driving while drinking (drinking close to the legal level).
Volkswagen is working on entry-level EV ID.1
Volkswagen said it is developing ID.1, an entry-level electric car with a target price of $22,000, according to UK’s CAR magazine
Nio vice president rebuts rumors of departure
Recently, rumors were circulating that Zhu Jiang, vice president of user development at Nio, will step down as vice president and switch to consultant. In response, Zhu responded on Monday in WeChat friends circle saying "too many people have come to greet me today. I'm now working!"
BMW launches new logo
Earlier this month, BMW released a new brand LOGO which will be applied to the i4 concept car first. On the evening of March 16, BMW China announced on its official Weibo that the new logo will be fully used in brand communication.
Volkswagen reaffirms stance on electric vehicles as oil plunges
Affected by the international environment, Saudi Arabia launched an oil price war, which drastically lowered crude oil prices, making international oil prices continue to fall.
Nio will use Xiaomi Mi Watch as car keys
Xiaomi announced on March 16 that it has entered into cooperation with Nio Motor, and its Mi Watch will launch a Nio App that can perform car control functions anytime, anywhere.
Xpeng P7 among EVs exempted from purchase tax in China
The Xpeng P7, made by Chinese electric car startup Xpeng Motors, is included in the latest catalogue of new energy vehicle exempted from purchase tax recently announced by the Ministry of Industry and Information Technology.
Volkswagen says its first EV will be cheaper than gasoline cars
Volkswagen is preparing to launch the first new electric vehicle ID.3 based on its MEB platform. The company said it plans to deliver 30,000 ID.3 cars "almost simultaneously" and said the car would be cheaper than a gasoline car.