“We must keep launching competitive new products and improving our operational efficiency to double our sales next year and achieve profitability in 2026. These are goals we cannot afford to miss,” Li said.
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“We must keep launching competitive new products and improving our operational efficiency to double our sales next year and achieve profitability in 2026. These are goals we cannot afford to miss,” Li said.
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Chery's joint venture plant in Spain saw its first vehicle roll off the assembly line on November 23, the S700 under EV Motors' Ebro brand.
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A total of 1,171 vehicles were on display at the 2024 Guangzhou auto show, of which 512 were NEVs, with NEVs on display in almost all booths.
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Nio today put 10 new battery swap stations into operation in China, bringing the total to 2,702 as it celebrates its 10th anniversary.
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Chinese SAIC announced it will start mass production of the second-generation solid-state battery with a 400 Wh/kg energy density in 2026.
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Brussels and Beijing are close to reaching a solution on tariffs on Chinese EV imports into the EU, an EU official said.
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Nio, which was founded on November 25, 2014, is starting multi-brand operations, having already launched the Onvo sub-brand and will launch the Firefly brand next month.
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