Nio expected to see 500,000th production car roll off line on May 9
Nio's first vehicle rolled off the line on May 27, 2018. It saw its 100,000th mass-produced vehicle roll off the line in April 2021, when Tesla CEO Elon Musk expressed his congratulations.
Nio, GAC sign deal on charging and battery swap
Nio and GAC will work together to establish a unified battery standard and jointly develop battery swap-enabled passenger cars and battery swap stations compatible with models from both brands.
Nio to launch sub-brand Onvo on May 15, report says
Nio will officially launch sub-brand Onvo on May 15, with the new brand's first model to go on sale in the third quarter and deliveries to begin in the fourth quarter, according to local media.
China may support Tesla's local testing of robotaxi, report says
The Chinese government will likely support Tesla's local testing of robotaxi, but did not immediately approve its widespread use of FSD features, according to local media.
Nio's orders up 19% in Apr from Mar, Deutsche Bank survey shows
The sequential increase in new orders for Nio in April was mainly due to lower prices for its BaaS battery rental service, according to Deutsche Bank.
Xpeng to report Q1 2024 earnings on May 21
Xpeng delivered 21,821 vehicles in the first quarter, slightly above the lower end of the guidance range of 21,000 - 22,500 vehicles.
Li Auto to report Q1 2024 earnings on May 20
Li Auto delivered 80,400 vehicles in the first quarter, exceeding the upper end of its lowered guidance range.
China Apr NEV wholesale at 800,000, down 2% from Mar, CPCA estimates show
Since the beginning of the year, consumers have been in a wait-and-see mood, and the passenger car market has not been able to regain momentum in sales, the CPCA said.
Tesla China sells 62,167 cars in Apr, down 30% from Mar
In the January-April period, Tesla China sold 283,043 vehicles, down 7.25 percent from 305,164 in the same period last year.
China EV insurance registrations for week ending May 5: Nio 3,600, Tesla 11,000, BYD 52,600, Xiaomi 1,300
Li Auto had 5,300 insurance registrations last week and Xpeng 1,400.
