Smart and Sustainable Electric Mobility
Xpeng will hold a launch event for the new G9 on September 19 in Dunhuang, Gansu province in northwest China, where its CEO will explain how the model will be back on the offensive.
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This will be the second time Nio uses a new launch format to introduce a new product, following the launch of its ET5 Touring in June.
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Wait times for the Nio ES8 have been shortened from 6-7 weeks to 5-6 weeks, the EC7 has been shortened from about 4 weeks to 3-4 weeks, and the ET5 and ET5 Touring have both gone from about 3 weeks to 4-5 weeks.
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The EU should create a fair, non-discriminatory and predictable market environment for the joint development of the EV industry in China and Europe and jointly oppose trade protectionism, China's Ministry of Commerce said.
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Xpeng plans to add 500 integrated stores with sales and service functions, 1,000 experience centers and satellite stores over the next three years, according to local media.
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Nio approached a leading local dealer group in the first half of this year to do some explorations for introducing a dealer model for its sub-brand Alps, according to local media.
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Analysts don't think the EU's allegations of low prices for Chinese EVs are valid, and there is no unity of opinion within the bloc.
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In August, BYD sold 25,023 NEVs in overseas markets, up 37.72 percent from 18,169 in July.
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Global markets are now flooded with cheaper Chinese EVs and their price is kept artificially low by huge state subsidies, European Commission President Ursula von der Leyen said.
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Nio and Svolt Energy will jointly invest in a pilot production line in Anhui province, and some of their R&D staff will be merged, according to local media.
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