Smart and Sustainable Electric Mobility
With full control over all core processes of vehicle production, Nio will be able to improve its manufacturing efficiency and have more leverage in the fierce competition.
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Nio will unveil a new flagship model at Nio Day 2023 that will feature many world's leading technologies, William Li said earlier today.
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Nio reported third-quarter results that were results largely as previewed and gave a better-than-feared outlook for the fourth quarter, said Edison Yu's team.
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Smart up 50%, MG down 21%, Nio down 82%.
The post China’s EV registrations in Germany in November: MG 1,673, BYD 350, Nio 50 appeared first on CarNewsChina.com.
Nio Day 2023 will be held on December 23 in Xi'an, Shaanxi province, Northwest China, where Nio will unveil a new flagship model.
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Nio is opening a new page in its story, acquiring F1 and F2 plants from JAC and reporting the highest revenue.
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Nio (NYSE: NIO) reported third-quarter revenue of RMB 19.07 billion, up 46.64 percent year-on-year and 117.36 percent from the second quarter.
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Nio said it will acquire the manufacturing equipment and assets of the F1 and F2 plants from JAC for a total consideration of about RMB 3.16 billion.
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For the week of November 27 to December 3, BYD's vehicle insurance registrations in China were 56,200 units.
The post China EV insurance registrations for week ending Dec 3: Nio 3,700, Xpeng 4,800, Li Auto 9,600, Tesla 17,600 appeared first on CnEVPost.
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Nio's annual event, Nio Day, is expected to take place at the end of this month.
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