Nio pays JAC for each vehicle produced on a per-vehicle basis monthly. It paid JAC an average of about $1,260 per vehicle in 2022.
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Toyota is planning to test a fleet of all-electric pickups—not in pickup-obsessed America, or its home Japan, but in Thailand, where versions of the Toyota HiLux pickup are built for many regions of the world. Development of the electric HiLux was done in Thailand, but taps into decades of Toyota EV tech. Called the HiLux Revo BEV Concept...