BYD sells 19,881 new energy vehicles in Sept, up 45% year-on-year
BYD, the Chinese auto giant backed by Warren Buffett, sold 19,881 new energy vehicles in September, up 45.32 percent from 13,681 in the same month last year, the company's announcement on the Hong Kong stock exchange showed today.
Nio-backed ride-sharing firm Dida Chuxing files for Hong Kong IPO
On the evening of October 8, Dida Chuxing, in which Nio holds a 17% stake, formally filed its prospectus with the Hong Kong Stock Exchange for a proposed public listing, which will be Asia's first ride-sharing IPO.
Nio officially opens its China headquarters in Hefei
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) today announced the official opening of Nio China's headquarters in the Anhui Pilot Free Trade Zone.
Nio selects conversational AI firm Cerence for collaboration on voice technologies
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) has selected Cerence (NASDAQ: CRNC), a conversational AI technology company that focuses on the automotive industry, for collaboration to deploy voice technologies in its products.
Chinese firm releases a car that costs more than Nio ES8, will the market buy it?
The HiPhi X, the first product of Shanghai-based Human Horizons' luxury smart electric car brand HiPhi, was recently launched, with a four-seat founder edition priced at RMB 800,000 ($117,800) and a six-seat founder edition priced at RMB 680,000, much higher than the RMB 468,000 price tag of the new Nio ES8.
Why isn't Nio worried about Tesla's frequent price cuts in China?
No other automaker has ever lowered prices as frequently as Tesla. In just one year, the official price of the Model 3 has been slashed by more than RMB 100,000 yuan, faster than the depreciation of used cars.
Nio to hold Nio Day in Chengdu on Jan 9, its first sedan likely to be unveiled
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) said today that its next Nio Day event will be held in Chengdu on January 9, 2021.
CATL's EV battery sales rank second worldwide, report says
LG Chem was the world's top seller of electric vehicle (EV) batteries from January to August and CATL, China's largest automotive lithium-ion battery maker, was second, a South Korean market research firm said Monday.
With launch of NOP, is Nio better positioned to handle competition from Tesla?
At the recent 2020 Beijing International Auto Show, Nio unveiled Navigate on Pilot (NOP) pilot assistance feature, which will be pushed to customers as soon as mid-October.
Tesla Model S Plaid starts taking orders in China, prices start from about $173,000
Shortly after taking reservations on the North American website, the Tesla Model S Plaid started taking reservations in China, with the same expected delivery date of late 2021.
