Smart and Sustainable Electric Mobility
Xpeng reported total revenues of RMB 13.05 billion ($1.84 billion) in the fourth quarter of 2023, an increase of 153.9 percent from the same period in 2022 and 53.0 percent from the third quarter of 2023.
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The Firefly brand, while focused on small cars, will be based on five-star European safety standards and will support battery swap, Nio CEO William Li said last week.
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This includes more than 450 Tesla Supercharger stations and more than 350 destination charging stations.
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Nio's models currently come standard with four Nvidia Orin chips, but it will carry its own in-house developed chip in the ET9, which it will start delivering next year.
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William Li talked about a lot of issues in an interview, including sub-brands, collaboration with other car companies on battery swap services, priorities for 2024.
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Xpeng recently appointed Premium Automobiles in Singapore as its dealer, and its first model to retail there is expected to be the G6 SUV, according to The Straits Times.
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Huawei, Xiaomi are making cars, and the Nio Phone is a defensive strategy for Nio, William Li said.
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Neta has shared multiple images of the Neta L's interior, saying that the model will offer a better "refrigerator, color TV, and big sofa."
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The updated Frigate 07 SUV has a starting price of RMB 179,800, which is RMB 23,000, or 12.79 percent, lower than its predecessor's starting price of RMB 202,800.
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Huawei's automotive business is expected to turn a profit this year, bolstered by mid-to-high-end models built in partnership with automakers, the unit's chairman said.
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