Full text: Nio CEO William Li's 1st letter to employees in 2024
In the letter, Li laid out his views on the competition in the EV industry in 2024, as well as Nio's priorities.
Chinese EV tech firm U Power unveils skateboard chassis that can help automakers accelerate EV making
U Power said its UP Super Board can cut development time by at least six months, ultimately reducing the cost and time to market of EV products.
DeepRoute to fit its autonomous driving solution that doesn't rely on HD maps into consumer cars in 2024
DeepRoute and Tencent have partnered in the mapping space to create smart driving cars that don't come with HD maps.
Nio Alps' 1st model to be SUV, deliveries to begin in H2, report says
Alps is targeting the family car market priced between RMB 200,000 ($28,000) and RMB 300,000, according to local media.
Tesla sells 75,805 cars in China in Dec, exports 18,334 from Shanghai plant
In the fourth quarter, Tesla sold 169,935 vehicles in China, accounting for 35 percent of its global deliveries of 484,507 vehicles.
Nio needs to put every penny of investor and shareholder money to good use, says William Li
Nio needs to continue to improve its financial performance to support the company's sustainable growth, and has a responsibility and obligation to put every penny of investor and shareholder money to good use, Li said.
China's NEV retail reaches record 945,000 in Dec, 7.74 million for full year 2023
For the full year 2023, China's NEV penetration at retail was 35.7 percent, up 8.1 percentage points from 2022.
China EV insurance registrations for week ending Jan 7: Nio 3,000, Xpeng 1,400, Li Auto 4,300, Tesla 3,200
Insurance registrations for major EV makers in China fell significantly last week, as the beginning of the year and the start of the month are typically low for deliveries.
Chinese LiDAR maker Hesai unveils ultra-long range ADAS LiDAR AT512
The AT512 has 512 laser channels and a maximum detection range of over 400 meters.
Global EV battery market share in Jan-Nov: CATL 37.4%, BYD 15.7%
CATL's share in the January-November period was higher than the 35.7 percent it achieved in the same period last year, and higher than the 36.9 percent in the January-October period.