Smart and Sustainable Electric Mobility
Nio's hardware chief Bai Jian has confirmed that he's taking over the phone business, and hinted that the Nio Phone may use the company's own image signal chips.
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The move is in response to competition from Huawei-backed Aito's new M7, and Li Auto's sales expectation for the Li L6 is 20,000 units per month, according to local media.
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The shake-up of the phone team doesn't mean the business will stop, and Nio will launch at least 3 generations of smartphones, according to local media.
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Geely Auto aims to target the market with the broadest potential user base with the Galaxy E8 and accelerate the replacement of conventional internal combustion engine vehicles.
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This is Tesla's biggest recall in China, involving potentially all delivered vehicles.
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The front wheels of the Nio ET9 prototype move up and down at high frequencies, while the two water-filled glasses placed at the front of the car remain stable.
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Xiaomi SU7 is unlikely to be priced before its official launch, nothing has been finalized yet, an executive said.
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Despite its early-mover advantage, Nio's growth momentum could remain soft on relatively fewer new model launches given its mature product portfolio vs. peers, Goldman Sachs said.
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China aims for NEVs to become an important part of the energy storage system by 2030, providing tens of millions of kilowatts of regulation capacity to the power system.
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Avatr will launch two new models in 2024 and will have four EVEVs to add to the lineup, its president said.
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