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.
CICC raises Nio price target to $60, says Model Y price cut will have limited impact
CICC maintained its Outperform rating on Nio and raised its price target by 15% to $60, corresponding to a 23% upside.
China's NEV market is so hot that a machinery giant wants a piece
XCMG Group said it signed a contract with Tsinghan Holding Group for a new energy industry base project with a total investment of about RMB 5.5 billion yuan ($850 million).
China adds 68,000 new NEV-related firms in 2020, up 85% from 2019
As of today, there are more than 200,000 new energy vehicle-related enterprises in China whose status is active and in existence.
WM Motor sales reach 8,609 units in Q4, a single-quarter high
For 2020, WM Motor's full-year sales reached 22,495 units, up 33.3 percent year-on-year.
Nio, Xpeng are the most financed companies in China's NEV industry in past decade
A recent report showed that Nio and Xpeng are tied for first place with 13 financing events each in China's new energy vehicle industry over the past decade, out of a total of 897 financing events.
Tesla's Shanghai factory appears to be ramping up production of Model Y
A large number of vehicles are parked at the Tesla Shanghai Gigafactory, as shown in images posted by Twitter user @ray4tesla, who said that it looks like Giga Shanghai is churning out more Model Ys than Model 3s.
Model 3 what? Nio's upcoming sedan to take on BMW 7 Series
On the Nio App, a user asked which class of luxury cars such as BMW, Mercedes-Benz, and Audi the sedan would target, and Nio co-founder and president Qin Lihong responded: BMW7.
What do Chinese analysts think of Model Y price cut? We've summarized views of 9 teams
The China-made Model Y is price-competitive, but the new energy vehicle market is not a zero-sum game, said CICC.
BYD Auto unveils new logo in brand upgrade
BYD Auto recently unveiled a new brand logo, turning the previously used red BYD logo into a more metallic silver gray color.
