Geely is launching one more brand. It will sell middle-to-high-priced EVs and PHEVs. And it has a quirky name 'Milky Way'.
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Tagged: China
NIO’s inventory clearance of older models nears end
An NIO salesperson in Beijing said the older ES8, ES6 and EC6 models have been discontinued for two months and they are now out of stock in the city.
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Geely to launch new mid-to-high-end NEV brand and 1st product on Feb 23
The first model of the new brand is expected to be a sedan that will have extremely low wind resistance.
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BYD is so far ahead of Tesla in China that ‘it’s almost ridiculous,’ says Charlie Munger
If all the manufacturing space BYD has to build cars in China is counted, it would amount to a big percentage of Manhattan island, Munger noted.
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NIO says older models being phased out as planned, denies rumors of sales halt
NIO said the 2022 ES8, ES6, and EC6 are no longer being custom-built, but a small number of show cars and existing cars are still available for sale.
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Tesla to halt production at Shanghai plant for more upgrades to produce new Model 3, report says
Tesla will halt some production at its Shanghai plant until the end of February in order to begin rolling out a revamped version of the Model 3 in the Chinese market, according to Bloomberg.
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Nio opened first swap station in Denmark, the twelfth in Europe
Nio plans to have 1000 swap stations outside China by 2025
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Jidu to use ChatGPT-like service from Baidu in their self-driving Robo EVs
The servise would include voice commands. This might solve the problem with missing physical buttons and only-LCD-screen control panels
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China NEV sales up 106% year-on-year in Feb 1-12, CPCA data show
Much of this is likely due to a low base caused by last year's Chinese New Year holiday.
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Steve Cohen’s Point72 triples position in NIO, clears XPeng in Q4
Point72 increased its bet on NIO in the fourth quarter, re-bought Li Auto, but liquidated its position in XPeng.
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