Category: China

William Li asks for better performance in all-hands letter as NIO suffers persistent operational issues

NIO's workload will increase a lot in 2023, but there will only be a small increase in resource investment, and inefficient projects will be optimized.

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Lotus to allow Eletre buyers to opt for e-mirrors, set to be 1st to do so in China

Deliveries of Lotus Eletre with optional electronic exterior mirrors will begin as early as July 1, 2023, the first day that Chinese regulations will allow car companies to use such mirrors.

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China’s retail auto sales exceed 2.4 million in Dec, up 47% from Nov, preliminary CPCA data show

The CPCA did not release preliminary sales figures for NEVs in December. Previous figures showed the CPCA expected the figure to be around 700,000 units.

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