Smart and Sustainable Electric Mobility
JAC Motor might stop manufacturing EVs for Nio as ET5 maker plans to acquire production license and buy two companies from its OEM partner.
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JAC plans to sell the assets of two factories that make vehicles for Nio, which the latter may acquire and seek independent EV production qualification, local media said.
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Nio is committed to a direct sales network in Europe, and the Firefly project is evaluating multiple channel models in Europe, including direct and dealer models, it said.
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After Nio's president said last month that European sales had fallen short of expectations, the company has begun evaluating dealers in key European markets, according to Reuters.
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As of October 15, Li Auto was at 17,800 so far this month, Tesla at 8,400, Nio at 5,100 and Xpeng at 4,600 units.
The post China EV insurance registrations for week ending Oct 15: Li Auto 10,500, Tesla 7,500, Nio 3,500 appeared first on CnEVPost.
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Nio's first chip, a LiDAR master chip, will begin mass production in October, the company previously said.
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Nio has filed to use WeLion's semi-solid battery cells in 11 more models, after filing for three other models five months ago.
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The Nio ET5 Touring was launched in both China and Europe on June 15, with 11,677 units delivered in China to date.
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Car makers making smartphones will be a trend in China, and if successful, the model will expand to the global market, Canalys said.
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Two of the lines will begin mass production this year, while the other is expected to reach mass production by October 2024.
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