Alleged patent drawings show Nio's first sedan looks in line with ET Preview concept
Some media reports suggest that the LiDAR used on Nio's sedan will be provided by Huawei. But we are skeptical of this speculation.
Nio founder William Li withdraws as legal representative of Bitauto affiliated company
Bitauto, which is associated with the above company, was founded in 2000 and was delisted from the New York Stock Exchange and is the largest automotive Internet company in China.
GAC Nio gets capital injection of about $370 million
After the completion of the capital increase, GAC Group and its wholly-owned subsidiary GAC Aion hold a total of 25% equity in GAC Nio.
BYD's NEV sales reach 28,841 units in Dec, up 120 percent year-on-year
Citi said China's leading automakers' car shipments could grow on month in January, outperforming the broader market's expected sequential decline.
Nio's number of stores expected to double to 400 this year
Nio already has more than 200 stores in China by the end of 2020. Its full-year 2020 deliveries reached 43,728 units, up 112.6% year-on-year.
China says to expand auto consumption in newly released guideline
The guideline mentions that China will improve the conditions for car use, strengthen the construction of parking lots, charging piles, and other facilities, and encourage charging pile operating companies to reduce charging service fees.
CATL regains global No. 1 position in installed power battery volume in first 11 months of 2020
LG Chem's installed capacity was 26.4 GWh, up 1.4 times year-on-year, ranking second in the world. Panasonic's installed capacity was 22.3GWh, down 8.5% year-on-year, ranking third.
Hozon Auto delivers 3,015 vehicles in December, up 42% from November
For the full year 2020, the company has delivered 15,091 vehicles, up 51 percent year-on-year.
CICC says Li Auto sales expected to reach 80,000 units by 2021, as its products reach more customers
CICC maintains its price target on Li Auto at $40, which represents a 39% upside to the current stock price.
Is this what Nio's first sedan will look like?
Nio announced on January 4 that its first flagship sedan will be launched on Nio Day, which will be held on January 9. Up to now, Nio has done a good job of secrecy, so much so that no accurate leaked images have been released yet.
