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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Nio may acquire assets JAC plans to sell and seek its own EV production qualification, report says

JAC plans to sell the assets of two factories that make vehicles for Nio, which the latter may acquire and seek independent EV production qualification, local media said.

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