Smart and Sustainable Electric Mobility
Nio needs to continue to improve its financial performance to support the company's sustainable growth, and has a responsibility and obligation to put every penny of investor and shareholder money to good use, Li said.
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For the full year 2023, China's NEV penetration at retail was 35.7 percent, up 8.1 percentage points from 2022.
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BYD dominated the Thai market by selling over 30,500 units in 2023. Neta and MG sold over 12,500 units, taking second and third spots.
The post BYD is bestselling EV brand in Thailand in 2023. Neta is runner-up appeared first on CarNewsChina.com.
Insurance registrations for major EV makers in China fell significantly last week, as the beginning of the year and the start of the month are typically low for deliveries.
The post China EV insurance registrations for week ending Jan 7: Nio 3,000, Li Auto 4,300, Tesla 3,200 appeared first on CnEVPost.
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Smart officially launched the 2024 versions of the Smart #1 with three configurations.
The post Smart #1 2024 addition hits the market in China appeared first on CarNewsChina.com.
The AT512 has 512 laser channels and a maximum detection range of over 400 meters.
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CATL's share in the January-November period was higher than the 35.7 percent it achieved in the same period last year, and higher than the 36.9 percent in the January-October period.
The post Global EV battery market share in Jan-Nov: CATL 37.4%, BYD 15.7% appeared first on CnEVPost.
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The facilities allow vehicles to charge during low electricity use and discharge during peak times, helping to smooth the load on the grid and provide financial rewards for vehicle owners.
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Li Auto's local counterpart Nio has unveiled its first in-house developed autonomous driving chip, which will be used in the ET9 executive flagship sedan.
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Morgan Stanley cut its price targets on Nio and Xpeng, while raising its price target on Li Auto and maintaining its Overweight rating on them.
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