Nio sends first ES8s to Norway
Nio sent the first ES8 vehicles from Shanghai Waigaoqiao Port to Norway on July 20, the company said Thursday.
Evergrande Auto surges about 30% as FF, in which it has a stake, nears US listing
Evergrande Auto surged in Hong Kong on Thursday as its parent company's debt problems eased and Faraday Future (FF), in which it has a stake, is set to go public in the US.
Nio tells users in flood-hit Henan: Don't worry about vehicles and charging facilities
After announcing an RMB 15 million ($2.32 million) donation to Henan province, which was hit by heavy rains and floods, Nio has developed a support plan for its customers there.
CITIC Securities raises its forecast for NEV sales in China to 2.83 million units in 2021
In a research note released Thursday, CITIC Securities raised its China 2021 NEV sales forecast to 2.83 million units from 2.49 million units, implying a 121 percent increase from 2020.
This minicar that impressed Nio's William Li will have automatic parking, adaptive cruise control
The huge success of SAIC-GM-Wuling's Hongguang Mini EV has led to a general perception of such minicars as low-end products. However, a new model from another Wuling brand, Baojun, is about to overturn that impression.
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Why NeoPark matters to Nio?
"I will not be surprised in Nio increases their smart EV and battery manufacturing capacity pass 1 million in 2023 or beyond."
Aulton's first battery swap stations with Sinopec go into operation
In addition to its partnership with Nio on battery swap station construction, China's fossil fuel giant Sinopec Group is moving forward with similar partnerships with other companies.
Geely donates about $4.64 million in cash and equipment to flood-stricken Henan
This includes RMB 25 million in cash and RMB 5 million worth of three industrial-grade drones and auxiliary equipment from Geely's Aerofugia specifically designed for disaster surveys.
Shanghai aims to reach about $54 billion in NEV output by 2025
Shanghai aims to further increase the share of electric vehicles and fuel-cell vehicles, promote the transformation of car companies into emerging industries and nurture auto parts companies with tens of billions yuan in sales.
Why does SAIC continue to produce Mini EV when each car contributes less than $14 net profit?
Mini EV is priced at RMB 28,800 ($4,451)-RMB 43,600, and its parts cost up to about RMB 20,000.