Xiaomi EV hiring more workers as it looks to boost production capacity
Workers at the Xiaomi EV factory work 10-11 hours a day, six days a week, according to local media.
Nio Power, GAC Energy achieve charging network sharing
Nio and GAC Group's energy units have entered into a charging network sharing partnership, the first substantial development in the collaboration between the two carmakers that was agreed a month ago.
IM Motors to launch 1st EREV model in Q1 2025 to take on Li Auto's Li L7, report says
IM Motors' first EREV model will be an SUV, which will be launched in the first quarter of 2025, according to local media.
Nio Q1 2024 earnings: Deutsche Bank's 1st look
Nio reports generally solid first-quarter result and provided a better-than-expected second-quarter volume outlook, said Deutsche Bank.
Nio Q1 2024 earnings call live updates: Firefly's 1st model to start deliveries in H1 2025
Deliveries of the first model of Nio's third brand, codenamed Firefly, will begin in the first half of 2025, Nio management said.
Nio's revenue slips in Q1 as deliveries decline
Nio guided for second-quarter deliveries of between 54,000 and 56,000 units, meaning June deliveries are expected to be between 17,836 and 19,836 units.
Polestar plugs into Nio's charging network in China
Polestar now has access to more than 2,200 Nio charging stations, including more than 11,000 charging stalls.
Nio changes strategy on 3rd brand Firefly, 1st model to debut in China instead of Europe, report says
Firefly's first model will make its debut in China, possibly at the end of this year, before launching in Europe in the first half of next year, according to local media.
Xpeng appoints European design veteran who had worked at BYD, Changan as VP of design center
Xpeng appointed JuanMa Lopez as vice president of design center, saying he will drive the evolution and upgrade of the company's design style.
Global EV battery market share in Jan-Apr 2024: CATL 37.7%, BYD 15.4%
CATL continued to be No. 1, but with a slight decrease in share from Jan-March. BYD remained in second place and increased its share.