"We expect a somewhat messy quarter due to accelerated phase-out of the Li ONE materially hurting margins," Deutsche Bank analyst Edison Yu's team said.
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Faraday Future has selected NIO supplier Innovusion's Falcon LiDAR to power the FF 91's autonomous driving system.
Zhu was in Austin this week and brought some of his engineering team from China to help oversee the Giga Texas ramp-up, according to Bloomberg.
The Yangwang brand logo is inspired by the Chinese oracle-bone inscription for "electricity".
Feel the Light!
BYD has made a strategic investment of RMB 2 billion in Chengxin Lithium, acquiring a 5.11 percent stake.
Zhu's CEO role will be global, but his responsibilities will likely be limited to Tesla's automotive business and not include its self-driving and robotics programs, the report said, citing different sources.
The Nissan Ariya will soon arrive at the company's U.S. dealerships, but it won’t be the only EV featured at them. The other, of course, is the Nissan Leaf. The Ariya crossover isn’t replacing Leaf: Nissan lowered the Leaf’s price a couple years ago, seemingly to make room for the Ariya. The 2023 Nissan Leaf sees some feature...