Nio's William Li says reaching 500 battery swap stations this year is conservative goal
Nio also expects to release new initiatives for charging station service facilities, laying the groundwork for rapid growth in its user base, he said.
Nio's William Li says second sedan will be launched in the future, more competitive than Tesla Model 3
After the Nio ET7, Nio will "definitely" launch a second sedan that will be more competitive than the current Tesla Model 3, said William Li.
BYD unveils four electric car models, all with blade batteries
Wang Chuanfu, BYD's founder and chairman of the board, said the company's electric vehicle models will all use blade batteries, and all batteries will be tested with pinpricks.
BYD Han's March sales reach 10,323 units, up 105% from February
It's worth noting that BYD Han includes the all-electric Han EV as well as the hybrid Han DM, and the sales figures include both models.
GAC expected to unveil battery technology with range of up to 1,000km on Friday
GAC announced Wednesday that it will showcase its super-fast-charging battery technology as well as its silicon cathode battery technology at the annual GAC TECH DAY event on April 9.
Battery swap, a business model led by Nio, finds huge success in an area you wouldn't expect
Businesses that see the opportunity have copied Nio's BaaS model by bringing battery rental services to the sale of electric scooters.
Geely sells 5,657 NEVs in March, up 123% from February
Geely's sales of all vehicles reached 100,029 units in March, up about 37 percent from a year ago and about 30 percent from February.
Geely's Zeekr brand's first model could be unveiled this month and go on sale in August
The car's pricing makes it a potential competitor to the Nio ET7, which is priced from RMB 448,000 before subsidies for delivery in the first quarter of 2022.
Auto expert now expects chip shortages to take nine months to a year to ease
From traditional car companies like Volkswagen to emerging car companies like Nio, all are facing the impact of chip shortages this year. Now it seems that the supply and demand imbalance may last longer than originally expected.
SAIC reportedly cutting production by 200,000 vehicles due to chip shortage
The figure is equivalent to 3.6 percent of the company's sales of 5.6 million vehicles last year and 3.2 percent of this year's sales target of 6.17 million vehicles.
