Nio officially announces entry into Norway, ES8 to be first export model
Rumors that have been going on for nearly a year have finally come true, as Chinese electric car company Nio has officially announced that it will enter overseas markets, with Norway as its first stop.
China lists first pilot cities to accelerate smart car development
China's determination to support the development of the smart car industry is unrelenting, as new policies continue to be introduced to accelerate the sector's growth.
Tesla reportedly may launch platform this year to allow Chinese users to view vehicle data
As Tesla's dispute with a female owner remains unresolved, the US electric car company appears to be working to improve its service to mitigate the impact of possible similar incidents in the future.
Nio's hiring of blockchain expert could herald innovations in user rights
Nio has always touted itself as a user-centric company, so it would make sense to innovate on user rights, and blockchain technology provides a good direction.
Founder of Nio's battery supplier CATL becomes Hong Kong's richest man, overtaking Li Ka-shing
In the first half of 2020, Nio became CATL's largest customer as its shipments continued to rise.
Nio plans to start delivering vehicles in Norway in September
Nio will start delivering vehicles in Norway this September, with the first model being the new ES8. Nio's flagship electric sedan, the ET7, will arrive in Norway next year.
Deutsche Bank raises gross margin estimates for Nio, reiterates Buy rating
Deutsche Bank analyst Edison Yu's team raises Nio's gross margin forecast by 250bps to 20.3 percent, leading to a higher EPS estimate.
Nio builds joint lab with one of China's best universities
USTC's research strength in China is almost comparable to that of Tsinghua University and Peking University. The university is located in Hefei, Anhui Province, which is also home to Nio China's headquarters and the JAC Nio facility.
Li Auto delivers 5,539 vehicles in April, up 13% from March
Li Auto saw its 50,000th delivery of the Li ONE in April, bringing the model's cumulative new vehicle deliveries to 51,715 by the end of April, 17 months after it began deliveries in December 2019.
Xpeng delivers 5,147 vehicles in April, up 0.88% from March
Compared to the same month last year, Xpeng's deliveries were up 285 percent, marking the 10th consecutive month of year-on-year growth of more than 100 percent.
