Nio insists on developing core technology in-house, not relying on partners
Although it costs more money and is more difficult, the innovation ability accumulated in this way is different from that of midway entrants, Nio CEO said.
Nio cancels affiliate firm with registered capital of about $200 million
The company was established in December 2017, and its legal representative was Qin Lihong, co-founder and president of Nio.
China's hydrogen fuel cell vehicle ownership exceeds 7,000
The cumulative number of hydrogen fuel cell vehicles in China has exceeded 7,000, Chinese official media the People's Daily said on April 21.
Li Auto's 2,000-person Shanghai R&D center completed
The center will focus on cutting-edge development of smart electric vehicle technology, including ultra-fast charging, autonomous driving, and next-generation smart cabin technology.
BMW partners with local supplier to gain high-precision positioning capabilities in China
High-precision positioning capability is a must for high-level autonomous driving, which allows the map to accurately reproduce the real road conditions.
Former OPPO VP hints Tesla drama could be watershed moment for rise of Chinese brands
A Tesla owner's protest over "brake failure" has sent the US electric car company into the center of a storm in China. Now, a former executive at smartphone giant OPPO is drawing parallels between the drama and the exploding battery of the Samsung Galaxy Note 7.
Nio's William Li expects China's EV penetration to double to 20% in two years
While the transition from fuel to electric vehicles is difficult, once consumers accept the shift, they basically won't go back to fuel cars, Li said.
Dongfeng Peugeot says ballet atop car happened at last year's auto show
Dongfeng Peugeot said the videos were shot during the Guangzhou International Auto Show last November and were edited by some users to look like this year's video.
Li Auto establishes new company in Shanghai with RMB 1 billion registered capital
The company's scope of operations includes technology services and development within the fields of automotive technology, cloud platform technology, and big data technology.
Xpeng says P5 orders have surpassed 10,000, just 53 hours from opening for pre-orders
Xpeng has not yet announced a price for the model. But the P5's top-spec model could cost around RMB 200,000 yuan ($30,734), which would put it in the price range of some mainstream fuel cars.
