Smart and Sustainable Electric Mobility
Amid positive sector sentiment, investors are inclined to take opportunities on laggards like Nio to play the catch-up, Morgan Stanley said.
The post Morgan Stanley offers views on Nio's recent outperformance, expects 15,000 deliveries in Jul appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Based on its latest plans, Nio has slowed down some of the equipment purchases for its battery factory, according to local media.
The post Nio reportedly delays mass production plans for in-house developed batteries appeared first on CnEVPost.
For more articles, please visit CnEVPost.
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.
The post Nio's NOP+ driver assistance software available on Beijing's ring roads and major highways appeared first on CnEVPost.
For more articles, please visit CnEVPost.
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.
For more articles, please visit CnEVPost.
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.
The post Nio Jun sales breakdown: ES6 contributes 43.68% with 4,677 units appeared first on CnEVPost.
For more articles, please visit CnEVPost.
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.
The post Cadillac takes page from Nio, dramatically reduces Lyriq prices in China by scaling back benefits appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Nio launched the ET5 in Europe in October 2022, with deliveries of the sedan there beginning on March 31.
The post Nio ET5 to make UK debut at Goodwood Festival of Speed appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The 150-kWh semi-solid-state battery pack will be available in July, Nio CEO William Li said at the launch of the new ES6 in May.
The post Nio's user manuals now include 150-kWh battery as delivery nears appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The 150-kWh semi-solid-state battery pack will be available in July, Nio CEO William Li said at the launch of the new ES6 in May.
The post Nio's user manuals now include 150-kWh battery as delivery nears appeared first on CnEVPost.
For more articles, please visit CnEVPost.
These car companies have pledged to regulate their marketing activities and not to disrupt the order of fair competition in the market with abnormal prices.
(Image credit: CnEVPost)
More than 10 car companies, including major electric vehicle (EV) startups, have pledged to jointly maintain a fair market order in China's auto market, at a time when the EV industry is growing rapidly.
At the 2023 China Auto Forum in Jiading, Shanghai, today, the China Association of Automobile Manufacturers (CAAM) and 16 major automakers signed a pledge to uphold fair market order in the automotive industry.
This is to maintain a good auto market order, jointly create a good consumer environment, and actively stabilize and promote auto consumption, they said at the conference.
The car companies that signed the commitment include:
China FAW, Dongfeng Motor, SAIC, Changan Automobile, BAIC, GAC, China National Heavy Duty Truck, Chery, JAC, Geely, Great Wall Motor, BYD, Nio, Li Auto, Xpeng, and Tesla.
The following is the main content of the commitment letter:
First, we will abide by the rules and regulations of the industry, regulate marketing activities, maintain a fair competition order, and not disrupt the fair competition order of the market with abnormal prices.
Second, we will pay attention to marketing methods, will not exaggerate or conduct false marketing, not to mislead consumers to attract attention and increase customer acquisition.
Third, we will put quality first, use quality-oriented, high-quality products and services to meet the people's needs for a better life.
Fourth, we will actively fulfill our social responsibility, and take an active role in helping to stabilize economic growth, increase confidence and prevent risks, and work together to make a contribution to national economic growth.
It should be noted that the commitment is self-regulatory and not legally binding, and it was signed after the price war at the beginning of the year and the emergence of a war of words between several EV companies and their supporters.
Since early March, a rare price war has erupted in China's auto industry, which has not boosted sales but has instead triggered a wait-and-see mood among consumers, resulting in car sales not seeing an increase.
On March 22, the CAAM called for the hype about price cuts in China's auto industry to cool down to return the industry to normal operation and ensure healthy and stable development of the industry throughout the year.
After that, the price war in China's auto industry gradually subsided.
It is worth noting that although these car companies pledged today not to disrupt the fair order with abnormal prices, it does not mean that they cannot cut prices when facing future challenges.
The post Carmakers, including Tesla, BYD, Nio, Xpeng, Li Auto, pledge to jointly maintain order in China auto market appeared first on CnEVPost.
For more articles, please visit CnEVPost.
