Nio has no plans to take over the Audi plant, and the company is cautious about investing in fixed assets, the EV maker's CEO William Li said.
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Tagged: eV
Onvo L60 success paves way for Nio brand revival, says Deutsche Bank
That's because all upcoming Nio-branded products will come from NT 3.0 technology, which not only offers superior performance but also outstanding cost savings, Deutsche Bank said.
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Nio Onvo launches L60 to take on Tesla Model Y, and wider competition
Nio's sub-brand Onvo has officially launched its first model, the L60, which is priced much lower than the Tesla Model Y, but brings more interior space and better features.
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Trump plans to gut EV policy: What it might mean for jobs, auto industry, made in America
First-term flashback: Coal lobbyist in charge of EPA, hobbled EV tax credit, mpg fines frozen Trump promises stiff tariffs vs. China and Mexico, may nix federal funding behind U.S. EV plants Tens of thousands more U.S. auto jobs now vs. 2019, pre-COVID Anti-EV talk may be bluster, but the poison pill is whether it becomes part of MAGA platform... Nio rumored to be interested in buying Audi EV factory in Belgium
Nio may buy an Audi EV factory and start producing cars in Europe. Company has until September 23 to make a bid.
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Waymo using the Hyundai Ioniq 5 for next-gen self-driving taxis
The Hyundai Ioniq 5 will be Waymo's next-gen self-driving taxi Self-driving Ioniq 5s will be on the road late in 2025 Waymo didn't say what's happening with the self-driving Chinese Zeekr minivan The Hyundai Ioniq 5 will become Waymo's next self-driving taxi, deploying a new generation of the Google spinoff's Waymo Driver autonomous-driving system... Redwood Materials will help BMW recycle EV batteries
BMW will turn to Redwood Materials for recycling of batteries from its EVs, plug-in hybrids, and mild hybrids in the U.S., the automaker announced Thursday. The agreement, which covers the BMW, Rolls-Royce, and Mini brands, as well as BMW's motorcycles, will see Redwood work directly with BMW dealerships, distribution centers, and other U.S... Onvo L60 the Model Y killer from Nio launches priced from 21,200 USD
Onvo L60 launches with options of both 60 and 85 kWh battery packs and a 52 litre Midea fridge.
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China NEV retail at 445,000 in Sept 1-15, up 12% from same period last month
China's NEV retail penetration was 53.74 percent in the September 1-15 period, and 45.15 percent year-to-date.
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Nio Onvo now has 40% of its store managers from Tesla
Onvo currently has 180 store managers in China, 40 percent of whom are from Tesla and 27 percent from Li Auto, an executive said.
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