Nio plans to continue European expansion despite EU tariff uncertainties

Nio plans to continue European expansion despite EU tariff uncertainties

William Li said that Nio plans to continue expanding in Europe despite tariff uncertainties in the European Union, and that many of the complaints raised by the EU do not make sens ...

CPCA expects China's May NEV retail at 770,000, penetration at record 46.6%

China's overall passenger vehicle retail sales in May is expected to be around 1.65 million units, down 5.3 percent year-on-year, the CPCA said. ...

Xiaomi reportedly raises SU7 delivery target from 100,000 to 120,000 units in 2024

Xiaomi EV will challenge a delivery target of 120,000 units for the full year 2024, according to local media. This represents a 20 percent increase from the previous target of 100, ...

Xiaomi says its smart driving team exceeds 1,000 people

Xiaomi's smart driving team has now surpassed 1,000 people, with plans to add an extra 500 by the end of the year, Xiaomi EV said. ...

Tesla begins construction of Shanghai Megafactory

Tesla's Shanghai Megafactory is expected to go into production in the first quarter of 2025, with Megapack production of up to 10,000 units per year and nearly 40 GWh of energy sto ...

Xiaomi EV ups bet on smart driving with new top talent

Wang Naiyan, former China CTO of autonomous driving tech firm TuSimple, will join Xiaomi EV, according to local media. ...

Nio to report Q1 2024 earnings on Jun 6

Nio delivered 30,053 vehicles in the first quarter, hitting its lowered guidance of about 30,000. ...

China NEV retail at 412,000 in May 1-19, up 10% from same period last month

China's retail penetration of NEVs stood at 45.78 percent in the May 1-19 period, and 39.4 percent year-to-date. ...

CATL makes overseas expansion top priority as domestic competition intensifies

CATL's efforts to expand overseas markets are now being personally led by its chairman, and the company will add two additional overseas plants to the six it has previously disclos ...

Nio signs partnership memo with Hungarian university to enhance local engagement

Nio said it hopes to use the partnership to promote exchanges with local young scholars, apply for European research programs, and conduct joint product development and testing. ...
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