Smart and Sustainable Electric Mobility
In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent.
The post Top NEV sellers in China in Oct: BYD No. 1 with 33.7% share, Tesla No. 8 with 3.7% share appeared first on CnEVPost.
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FIA added Shanghai to one of 16 electric F1 races that will be held next year. Shanghai will organize two races at the end of May 2024.
The post Formula E returns to China after four years of absence appeared first on CarNewsChina.com.
Nio is considering "any kind of partnerships" in North America, the company's US CEO Ganesh Iyer said.
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The ES6 remains the best-selling Nio model, but deliveries were down from September, while deliveries of the EC6 coupe SUV were up significantly.
The post Nio Oct deliveries breakdown: ES6 at 5,875, ET5 Touring at 3,105 appeared first on CnEVPost.
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Alps is rumored to no longer be a standalone program, with the team's personnel assigned to various Nio divisions and some positions cut.
The post Nio rumored to be integrating sub-brand Alps into main brand's team appeared first on CnEVPost.
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Li Auto and Xpeng expect a 100%, and Nio a 50% year-over-year increase in 2024 sales, local media reported, citing the Chinese carmakers' supply chain sources.
The post Xpeng, Li Auto plan to double the sales in 2024, Nio eyes 50% growth rate appeared first on CarNewsChina.com.
Automakers usually provide high forecasts to their supply chain, while suppliers make their own judgments based on the competitiveness of the vehicle models and the operating results of the car companies.
The post Nio gives over 230,000 sales forecasts for 2024 to supply chain, Xpeng 280,000, Li Auto 800,000, report says appeared first on CnEVPost.
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Nio (NYSE: NIO) was at 4,200 last week, Xpeng (NYSE: XPEV) at 4,700 and Tesla at 14,000.
The post China EV insurance registrations for week ending Nov 5: Nio 4,200, Xpeng 4,700, Li Auto 8,600, Tesla 14,000 appeared first on CnEVPost.
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"While management still has a long way to go in restoring creditability among investors, this should be viewed as a meaningful step in the right direction," Edison Yu's team said.
The post Nio's job cut could save up to RMB 2 billion per year, says Deutsche Bank appeared first on CnEVPost.
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The vlogger was ordered to post apologies on his Douyin account for 90 consecutive days and to compensate Nio for financial losses totaling more than 600,000 yuan in a first instance ruling.
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