Smart and Sustainable Electric Mobility
Shandong Weida was up 6 percent in Shenzhen at press time, and up about 20 percent over the past month.
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Tesla has raised the Model Y Long Rang's starting price in China by RMB 2,000, the fourth price hike in the past month, although the moves are for different models.
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For orders placed from November 21, the expected delivery lead time for the two lower-priced versions of the Bao 5 is around 4-6 weeks, while the highest-priced version will be delivered from January.
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Nio will share its next-generation battery pack standard, the 800 V high-voltage, fast battery swap platform, with the entire industry, said William Li.
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Nio is set to announce the first company that will use its battery swap system on November 21, and the company is in talks with four to five other companies for similar partnerships, said Nio CEO William Li, according to local media.
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BYD began pre-sales of the Song L on October 31, with a price range of RMB 220,000 to RMB 280,000 for the pre-sale.
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Nio will have heavyweight product and model launches at this year's Nio Day event, the company's president, Qin Lihong, said in an audio program.
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"Nio will not go out of business, and there is absolutely no possibility of it going out of business," the company's president said in a speech.
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The Hang Seng Index is one of the earliest stock indices in Hong Kong, and since its launch on November 24, 1969, it has become an important indicator of Hong Kong's stock market.
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Over the past month, Tesla has made three price hikes in China, albeit for different models.
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