Category: eMobility

Nio needs to sort out its strategic direction to turn profitable in foreseeable future, analysts say

Nio still needs to get its strategic direction sorted out before it can expect to turn profitable in the foreseeable future, particularly for its second brand, Alps, analysts at CMB International said.

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Nio ignores the price war: Facelifted 2024 models open pre-orders for unchanged price, upgraded to Snapdragon 8295

Nio announces pre-orders for its 2024 models, featuring the Snapdragon 8295 chip, enhancing computing power and user experience, with unchanged prices.

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Xpeng announces dealer partnerships in 5 overseas markets, local deliveries to begin in Q2

Xpeng established dealer partnerships in the UAE, Egypt, Azerbaijan, Jordan and Lebanon, with plans to expand to other European markets including Germany, the UK, Italy and France this year.

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Great Wall-backed autonomous driving startup Haomo raises over RMB 100 million in new funding round

Haomo's new funding is the first in the autonomous driving space after China’s Lunar New Year holiday, and one of the few large amounts raised in the space during the capital winter of the past couple of years.

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