Nio sets up battery asset company, CATL has taken a stake
The Nio-led battery asset management company, Wuhan Weineng Battery Asset Co. has been established on August 18, according to data provider Qichacha.
GAC Nio promises never to 'profit' more than 1% as it becomes 1st car maker to publish BOM costs
Liao Bing, founder of Chinese electric car maker GAC Nio, promised at a presentation in Beijing on August 18 that its combined hardware profits would not exceed 1% and any excess will be returned to customers.
What is the difference between Nio, Li Auto and Xpeng? Financials tell everything
With Nio, Li Auto already publicly traded in the US, and Xpeng set to go public in the US this month, there's a direct and measurable differentiation between these three Chinese EV companies based on their first half of 2020 performance.
Tesla's Chinese rival Xpeng may go public in US on August 27
Tesla's Chinese rival and Alibaba-backed Xpeng Motors is expected to trade on the New York Stock Exchange next week, possibly on August 27, Chinese website ifnews.com cited a source as saying.
Tesla says it never blacklisted any car owners
The Wuhan owner, who was previously denied delivery by Tesla, finally managed to get his Model 3. However, the company denied his claim that he was blacklisted by Tesla in a statement.
Chinese buyer denied delivery by Tesla finally gets his Model 3
On August 18, with the assistance of Chinese e-commerce platform Pinduoduo and its merchant Yi Auto, the owner who was previously denied delivery and got his order cancelled by Tesla have successfully picked up his car and have insured it.
China's first battery swap standard led by Nio and BAIC passes review
A recommended national standard for electric vehicle battery swap safety requirements led by Beijing Electric Vehicle Co., Ltd. (BJEV), Nio, and China Automotive Technology and Research Center, has passed the review by the National Technical Committee of Auto Standardization.
Chinese buyer whose delivery was rejected by Tesla is a courier and big Tesla fan
Tesla has sparked widespread concern in China for refusing to deliver to a buyer who purchased a Model 3 through Pinduoduo.
Tesla's new car registrations in China fell 24% in July from June to 11,456 units
With the world's largest electric car market - China's market competition intensified in July, China-made Tesla car registrations decreased compared to the previous month.
Nio to release details of Battery as a Service on August 20
Nio today said that the details of the Battery as a Service (BaaS) plan will be announced at a launch event in Beijing on August 20.
