Tesla's Shanghai factory appears to be ramping up production of Model Y
A large number of vehicles are parked at the Tesla Shanghai Gigafactory, as shown in images posted by Twitter user @ray4tesla, who said that it looks like Giga Shanghai is churning out more Model Ys than Model 3s.
Model 3 what? Nio's upcoming sedan to take on BMW 7 Series
On the Nio App, a user asked which class of luxury cars such as BMW, Mercedes-Benz, and Audi the sedan would target, and Nio co-founder and president Qin Lihong responded: BMW7.
What do Chinese analysts think of Model Y price cut? We've summarized views of 9 teams
The China-made Model Y is price-competitive, but the new energy vehicle market is not a zero-sum game, said CICC.
BYD Auto unveils new logo in brand upgrade
BYD Auto recently unveiled a new brand logo, turning the previously used red BYD logo into a more metallic silver gray color.
Nio officially announces first sedan to be launched on Nio Day, Jan 9
Referring to LiDAR, Nio co-founder and president Qin Lihong said, "Our mission is to find a LiDAR that is better than Luminar's and earlier in mass production."
Xpeng deliveries up 326% year-on-year to 5,700 units in December, a new all-time high
Chinese electric car company Xpeng Motors (NYSE: XPEV) saw its December deliveries reached a record high of 5,700 units, up 326 percent year-on-year, the company said Monday.
Nio launches used car business Nio Certified, plans to invest $460 million to support it in next 5 years
This business has undergone six months of trial operation, and Nio will invest RMB 3 billion ($460 million) to promote its development.
Xpeng CEO hints confident to deal with Tesla's price cut
"We are quite confident to respond to this price cut by our competitor on New Year's Day, without even having an internal conference call."
Nio founder says Model Y has no impact on orders, no future price cuts
William Li, chairman, founder and CEO of Nio, said that Tesla Model Y has not had an impact on Nio, and that there has been no major change in orders in the past two days.
Nio launches used car trading business
Nio today released details of used car trading and officially launched its used car trading business.