Nio reported a total revenue of RMB 17.446 billion ($2,400.6 million) in the second quarter, better than the RMB 17.385 billion expected by Wall Street analysts.
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Nio reported a total revenue of RMB 17.446 billion ($2,400.6 million) in the second quarter, better than the RMB 17.385 billion expected by Wall Street analysts.
For details, please visit CnEVPost.
Nio has received a reply from the police today saying they have arrested the person suspected of creating and publishing the fake rumor about its bankruptcy.
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Tesla plans to launch FSD in China and Europe in the first quarter of 2025, pending regulatory approval. This is a slight delay from the previous plan.
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Wall Street expects Nio's revenue to be RMB 17.385 billion in the second quarter, exceeding the upper end of the EV maker's guidance range as deliveries unexpectedly beat guidance.
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Dongfeng Motor's premium electric off-road brand, M-Hero, has plugged into Nio's charging network, becoming the 12th brand to do so.
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BYD has shared a 25-second video on Weibo showing some of the exterior details of the Sealion 05 DM-i.
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Mercedes-Benz plans to invest more than RMB 14 billion ($2 billion) in China with its local partners to further enrich its local product lineup of passenger cars and light commercial vehicles.
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"The intention was to protect the European car industry but for us, it's having the opposite effect .... We need to find a solution," Cupra's CEO said.
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Changan's German subsidiary has been registered, marking another step in its "Vast Ocean" plan.
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Xpeng Aeroht is aiming to start mass production and deliveries of its modular flying car in 2026, with a price tag that will be no more than RMB 2 million ($280,000), its founder said.
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