Deutsche Bank says Nio Power Day reinforces EV maker's focus on improving charging infrastructure
Edison Yu's team said the Nio Power Day event reinforced the company's focus on quickly growing and improving its charging infrastructure as there are nearly 120,000 Nio vehicles on the road.
China now has about 1.95 million charging piles, up 47% from a year ago
In June, the number of public charging piles in China increased by 39,000 units, up 65.4 percent year-over-year.
Xpeng wants G3i to be preferred affordable smart SUV for young people, says CEO
Xpeng CEO He Xiaopeng said he wants the G3i to be the smart SUV of choice for young people priced under RMB 200,000 ($30,870).
Chongqing Sokon sold 4,351 NEVs in June, up 112% from a year earlier
The Shanghai-listed company went up by the daily limit of 10 percent in early trading Monday, and has accumulated a 330% gain so far this year.
CATL-backed giant lithium-ion battery energy storage station starts construction
Growing rapidly alongside China's new energy vehicle industry is the energy storage industry.
Model Y gets massive new orders in China after lower-priced version available
As every price cut it has made in China in the past, the lower-priced Model Y is sending a flood of orders to Tesla.
Nio's battery swap station supplier doubles first-half net profit
Nio's rapid battery swap station construction has brought benefits to its supplier.
Nio reportedly to consider listing in China's A-share market
In addition to listing in Hong Kong, Xpeng Motors and Nio are considering a third listing in China's A-share market in the future, the People's Daily-run International Finance Daily recently reported, citing unnamed sources familiar with the matter.
Nio adds 4 new battery swap stations, bringing total to 308
As of July 11, Nio has 308 battery swap stations, 210 superchargers, 387 destination charging stations, and access to more than 380,000 third-party charging piles in China.
Li Auto's retail centers reach 100
By the end of 2021, Li Auto plans to have 200 directly operated retail centers, covering more than 100 cities in China, it said.