Smart and Sustainable Electric Mobility
Nio has provided 5 million battery swap services in the last 102 days, meaning an average of about 50,000 services per day.
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Li questioned why Chinese companies face hurdles in selling high-tech cars to US consumers, while Tesla's Musk was given the red-carpet treatment by senior Chinese officials last month.
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Nio and the CYVN entities will work together on strategic collaborations in international business and technology partnerships, the EV maker said.
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The Nio ET5 and ES7 -- known as the EL7 in Europe -- both earned the highest five-star rating in the latest Euro NCAP safety tests, following the ET7 sedan.
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Amid positive sector sentiment, investors are inclined to take opportunities on laggards like Nio to play the catch-up, Morgan Stanley said.
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Based on its latest plans, Nio has slowed down some of the equipment purchases for its battery factory, according to local media.
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NOP+ has achieved full coverage on Beijing's city ring roads, including the 2nd, 3rd, 4th and 5th ring roads, as well as fast roads and highways, Nio said.
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Tesla sold 3,200 units last week, Nio 3,100 and Xpeng 1,200.
The post Chinese NEV insurance registrations for week ending Jul 9: Li Auto 7,900, Tesla 3,200, Nio 3,100 appeared first on CnEVPost.
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Nio ET5 and ET5 Touring sold 2,479 and 1,339 units in June, contributing 30.67 percent and 16.57 percent of deliveries, respectively.
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Cadillac has turned a package of benefits into an option that reduces the Lyriq's prices in China by RMB 60,000 and also offers a limited-time discount of RMB 18,000 on the model.
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