Deutsche Bank updates Catalyst Call on Nio, says investor sentiment should be close to bottoming
Edison Yu's team believes investor sentiment should be close to bottoming for several reasons.
Formal reservations for Nio ET7 expected to open in mid-January
The Nio ET7 will initially be delivered at a rate of a few hundred units per month, with capacity ramp-up taking 2-3 months.
Shanghai-listed firm plans to acquire provider of delivery services to Nio
West Shanghai plans to acquire Shanghai Xingding, which operates Nio's delivery center in Shanghai.
Qingdao official explains why Nio ES6s chosen as police cars
It takes at least 40 minutes to charge an ordinary EV to 80 percent, and only vehicles that support battery swap can meet the all-day patrol needs of police cars.
China's car ownership expected to exceed 300 million by year-end
China's vehicle ownership reached 297 million by the end of September and is expected to exceed 300 million by the end of the year, a CAAM official said.
SAIC Audi exec expects 40% of luxury car market to be EVs by 2025
Audi believes that by 2030, sales of EVs could reach 2 million units in the high-end luxury car market.
Nio adds 8 swap stations, bringing total to 634
As of November 20, Nio has 634 battery swap stations, 129 of which are located along highways.
Nio completes at-the-market share offering, raises about $2 billion
This is higher than the $1.8 billion raised by Xpeng in its Hong Kong listing and the $1.5 billion raised by Li Auto in Hong Kong.
GAC Aion officially unveils Aion LX Plus with range of 1,008 km
The Aion LX Plus is equipped with 3 zoomable LiDARs and has a 0-100 km/h acceleration time of 2.9 seconds.
BYD unveils Destroyer 05, first sedan in its Ocean series
The model can accelerate from 0-100 km/h in as fast as 7.3 seconds and consumes 3.8 liters per 100 km at the lowest charge.
