China’s EV makers return to fast lane as government subsidies provide tailwinds
China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a bruising discount war which has already resulted in the demise…
China’s EV makers return to fast lane as government subsidies provide tailwinds
China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a bruising discount war which has already resulted in the demise…
Nio Power, GAC Energy achieve charging network sharing
Nio and GAC Group’s energy units have entered into a charging network sharing partnership, the first substantial development in the collaboration between the two carmakers that was agreed a month ago. (Image credit: Nio) Nio (NYSE: NIO) and GAC Group’s…
Polestar plugs into Nio’s charging network in China
Polestar now has access to more than 2,200 Nio charging stations, including more than 11,000 charging stalls. (Polestar announced access to Nio’s charging network in China. Image credit: Polestar) Polestar (NASDAQ: PSNY), the premium electric vehicle (EV) maker owned by…
Exclusive-EV maker Nio gets regulatory nod for third factory in China, sources say
SHANGHAI (Reuters) – Electric vehicle maker Nio has won approval to build a third factory in China that would boost its total approved production capacity to 1 million cars, almost at par with Tesla’s massive Shanghai plant, three people with…
China EV insurance registrations for week ending Jun 2: Nio 6,700, Tesla 15,200, BYD 53,400, Xiaomi 2,200
This article is being updated, please refresh later for more content. Nio vehicles had a record 6,700 insurance registrations in China last week, up 24.07 percent from 5,400 the week before. For the week of May 27-June 2, Nio (NYSE:…
Nio makes organizational changes involving Onvo sub-brand
This article is being updated, please refresh later for more content. Nio has renamed its units previously known as “Strategic New Businesses,” and has created 16 regional companies for the Onvo unit. (Onvo’s first model, the L60. Image credit: Onvo)…
Sales surge as China’s EV price war lures buyers, imperils profits
China’s top electric vehicle (EV) makers increased deliveries by up to 36 per cent month on month in May as promotional campaigns and low prices lured consumers, but analysts warned the earnings outlook is dire as a price war rages…
Sales surge as China’s EV price war lures buyers, imperils profits
China’s top electric vehicle (EV) makers increased deliveries by up to 36 per cent month on month in May as promotional campaigns and low prices lured consumers, but analysts warned the earnings outlook is dire as a price war rages…
Nio delivers record 20,544 cars in May
In the January-May period, Nio delivered 66,217 vehicles, up 50.99 percent year-on-year, with SUVs contributing 58.58 percent. Nio (NYSE: NIO) saw record deliveries in May, despite not launching any all-new models so far this year, except for minor facelifts. The…