Nio transitions from a direct sales model to ease the financial pressure.
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Tagged: China
Xiaomi’s 1st EV model to begin mass production in Dec and hit market in Feb 2024, report says
Xiaomi's car factory in Beijing has been conducting small-volume trial production for some time now, with dozens of vehicles already produced, according to local media.
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Nio starts recruiting dealer partners for its main brand and sub-brand
Nio has started recruiting dealership partners for the Nio brand and a sub-brand, in what appears to be a move aimed at reducing expenses while expanding sales network.
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Third-gen Wuling Hongguang Mini EV Macaron launched with 215 km range, priced at 6,400 USD
The new Macron is priced at 6,400 USD, featuring 215 km range and 100 km/h top speed.
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Nio wins final verdict in lawsuit against vlogger
The final judgment upheld the original verdict, requiring the owner of the Douyin account Cheshiji to post an apology to Nio for thirty consecutive days and pay RMB300,000 in damages.
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Xpeng to start pre-sales of X9 MPV on Nov 17
The Xpeng X9 will compete head-to-head with the Li Mega, a Li Auto MPV that will also be unveiled and go on pre-sale on November 17, the first day of the Guangzhou auto show.
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BYD Yangwang to unveil supercar platform and concept car on Nov 17
Yangwang will unveil a supercar platform as well as a concept car based on its e⁴ technology on the first day of the Guangzhou auto show.
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China NEV sales in week 45: BYD 49,000, Tesla 12,700, Nio 2,900
Almost the whole market was down in week 45 in China.
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China EV insurance registrations for week ending Nov 12: Nio 2,900, Xpeng 3,900, Li Auto 10,000, Tesla 12,700
So far this month, Nio was at 5,700 units, Xpeng at 6,100 units and Tesla at 22,900 units.
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BYD and CATL to supply batteries to Audi’s China-made models
The first model with BYD and CATL battery will be Audi Q6L e-tron.
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