Category: Nio

Nio has gained car production qualification by acquiring local automaker, report says

Nio acquired Leopard in a government-coordinated buyout to qualify for vehicle production, and potential further acquisitions of two of JAC's plants will allow it to end its history of contract manufacturing, local media said.

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China EV insurance registrations for week ending Oct 22: Li Auto 9,000, Tesla 8,100, Nio 4,400

Between October 1 and October 22, Li Auto was at 26,800, Nio at 9,500, Xpeng at 9,400 and Tesla at 16,500 units.

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