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.
Nio officially announces first sedan to be launched on Nio Day, Jan 9
Referring to LiDAR, Nio co-founder and president Qin Lihong said, "Our mission is to find a LiDAR that is better than Luminar's and earlier in mass production."
Xpeng deliveries up 326% year-on-year to 5,700 units in December, a new all-time high
Chinese electric car company Xpeng Motors (NYSE: XPEV) saw its December deliveries reached a record high of 5,700 units, up 326 percent year-on-year, the company said Monday.
Nio launches used car business Nio Certified, plans to invest $460 million to support it in next 5 years
This business has undergone six months of trial operation, and Nio will invest RMB 3 billion ($460 million) to promote its development.
Xpeng CEO hints confident to deal with Tesla's price cut
"We are quite confident to respond to this price cut by our competitor on New Year's Day, without even having an internal conference call."
Nio founder says Model Y has no impact on orders, no future price cuts
William Li, chairman, founder and CEO of Nio, said that Tesla Model Y has not had an impact on Nio, and that there has been no major change in orders in the past two days.
Nio launches used car trading business
Nio today released details of used car trading and officially launched its used car trading business.
Nio deliveries exceed 7,000 in December, up 121% year-on-year
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) delivered a total of 7,007 new vehicles in December, the fifth consecutive month with a record number of deliveries in a single month.
Analysts say Tesla's price cut more of a boost to China's new energy vehicle industry
CITIC Securities said market concerns about the ongoing price cuts for Tesla models will put a squeeze on other brands, but they see it as more of a boost to the new energy vehicle industry.
Nio refutes claims of massive order cancellations as false news
"The news that the official website system encountered a massive order cancellations is untrue, and we have already launched a complaint against the relevant platform," Nio said.
