Smart and Sustainable Electric Mobility
Insurance registrations for major EV makers in China fell significantly last week, as the beginning of the year and the start of the month are typically low for deliveries.
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The facilities allow vehicles to charge during low electricity use and discharge during peak times, helping to smooth the load on the grid and provide financial rewards for vehicle owners.
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Nio's hardware chief Bai Jian has confirmed that he's taking over the phone business, and hinted that the Nio Phone may use the company's own image signal chips.
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The shake-up of the phone team doesn't mean the business will stop, and Nio will launch at least 3 generations of smartphones, according to local media.
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The front wheels of the Nio ET9 prototype move up and down at high frequencies, while the two water-filled glasses placed at the front of the car remain stable.
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Despite its early-mover advantage, Nio's growth momentum could remain soft on relatively fewer new model launches given its mature product portfolio vs. peers, Goldman Sachs said.
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In December, 17,700 Nio vehicles were registered for insurance in China, 17,300 for Xpeng and 76,000 for Tesla.
The post China EV insurance registrations for week ending Dec 31: Nio 5,700, Xpeng 4,800, Li Auto 14,100, Tesla 15,800 appeared first on CnEVPost.
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As of January 2, the notes had an aggregate principal amount of $301,448,000 outstanding.
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Waiting times for the ET5, ET5 Touring, EC7, and ES8 all went from 3-4 weeks to 2-3 weeks today.
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Nio's fourth-generation battery swap stations will be equipped with 60 square meters of photovoltaic systems, which will save nearly 18,000 kWh of electricity per year per station.
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