Chinese version of Rolls-Royce Hongqi H9 launched, priced from about $44,782
The much-anticipated Hongqi H9 sedan went on sale today, including five models priced between RMB 309,800 ($44,782) and 539,800 yuan.
Analysts say Nio-led battery swap wave coming for China's electric cars
The recent launch of Nio's BaaS (Battery as a Service) battery rental service in China has generated high interest in China's auto and technology circles. In analysts' view, this indicates the coming wave of battery swap model for electric cars.
Xpeng to raise up to $1.27 billion in upcoming US IPO
Chinese electric vehicle company Xpeng Motors has filed with the US Securities and Exchange Commission that it plans to issue 85 million ADSs in a proposed IPO on the New York Stock Exchange.
What the four investors involved in investing in Nio battery asset firm might be thinking about
On August 20, with the official launch of Nio BaaS (Battery as a Service) rental service, Wuhan Weineng Battery Asset Co.
Nio plans to go global starting in H2 2021
Chinese electric car maker Nio's Founder and Chairman Li Bin said Thursday the company plans to venture into other markets starting in the second half of next year.
BaaS: What has changed with Nio's battery rental service?
Nio launched its long-awaited BaaS (Battery as a Service) on August 20, and the centerpiece of the launch was the two special "car invoices". For the first time, a Nio ES6 customer completed the purchase process of "buying a car without a battery".
Tesla exec says China-made Model Y will roll off production line early next year
The China-made Model Y will begin rolling off the production line at the Shanghai Gigafactory in early 2021, cls.cn cited an unnamed Tesla executive as saying on August 20.
Nio launches BaaS battery rental service, brings car prices down by about $10,000
Chinese electric vehicle (EV) maker Nio today announced its BaaS (Battery as a Service) battery rental service, which eliminates the need for buying the battery for all Nio models and reduces the price of a car by at least RMB 70,000 yuan (about $10,000).
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.