Smart and Sustainable Electric Mobility
After Nio's president said last month that European sales had fallen short of expectations, the company has begun evaluating dealers in key European markets, according to Reuters.
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The Aito M9 is a full-size SUV with 530 hp and a starting price of 68,400 USD. It is ready for the market launch in China.
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Shares of Xpeng have fallen back to the level prior to the Volkswagen deal, despite improving operations and strategic opportunities, Morgan Stanley noted.
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WM Motor has denied reports that its founder Freeman Shen has fled to the US, leaving behind nearly RMB 40 billion in investments and debts.
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Li Auto today shared five more images of the Li Mega and hinted that the MPV's wind resistance will be as low as that of a coupe.
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BYD's average profit per vehicle improved by about RMB 2,700 in the third quarter from the second quarter, driven primarily by scale advantage, analysts said.
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Sunwoda is one of the world's largest power battery makers, and its EV battery business was valued at RMB 35.56 billion in its last funding round in June.
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BYD expects its net profit for the first three quarters to be RMB 20.5 billion - RMB 22.5 billion, up 120.16 percent - 141.64 percent year-on-year.
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KargoBot has become an independently operated company and received an investment of over RMB 450 million, according to local media.
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The whole market was up. Li Auto sold 10,500 vehicles for a first time in a week.
The post China NEV sales in week 41: BYD 53,900, Tesla 7,500, Nio 3,500 appeared first on CarNewsChina.com.
