Nio president says EV industry has no insurmountable technical obstacles, key to win is business model
For any company, having a long-term vision is the foundation if it wants to build a long-lasting business. Judging from the recent words of Nio executives, we seem to see this in the electric vehicle company.
Ford China establishes passenger car and commercial vehicle business units
The company also plans to further strengthen its Lincoln brand and fast-track its electric vehicle business.
China auto association launches blockchain platform that makes data tamper-proof
The launch of the platform comes at an interesting point: a female owner who complained of brake failure is keeping their dispute going over whether the data provided by Tesla is reliable.
Tesla's Q1 revenue in China jumped 238% year-on-year to $3.04 billion
China continues to be Tesla's second-largest market globally, but the gap with the size of the US market narrowed further.
Shanghai auto show concludes with 128 car debuts
The show attracted the participation of more than 1,000 well-known global auto exhibitors, displaying 1,310 vehicles.
CATL reports 2020 net profit of $861 million, 50% market share in China
CATL's installed capacity of power batteries was 31.9 GWh, accounting for 50% of the Chinese market.
With over 3,000 patents in hand, it wouldn't be surprising if OPPO confirms plans to build cars
Earlier today there was report that smartphone giant OPPO is preparing a car-making project. In fact, this does not seem to be a surprise, judging from the patents the company has obtained in the automotive field.
Nio said to have started development of new, lower-priced model
Nio has started the development of a new model in Hefei, where its China headquarters is based, positioned below its existing SUVs and sedan, 36kr said Wednesday, citing industry sources.
Nio confirms it will enter Norway
After months of speculation, Chinese electric car company Nio has finally confirmed its first stop into overseas markets - Norway.
Nio said to launch lithium iron phosphate battery pack to cut costs
After Tesla and Xpeng Motors, Nio may also start using the lower-cost lithium iron phosphate batteries.