Nio exceeds 1,900 swap stations in China, sets new single-day service record
Nio averaged 40 services per battery swap station on September 28, and stations along highways averaged 30.4 services per station.
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Zeekr forms partnerships to sell EVs in 4 additional Middle Eastern countries
Zeekr has entered into partnerships in the UAE, Saudi Arabia, Qatar, and Bahrain to sell electric vehicles in those markets.
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BYD Yangwang's 1st store opens in Shanghai, aims to have over 90 in China by year-end
Yangwang's more than 70 stores are under construction and it will open more than 90 directly-managed stores in more than 40 cities in China within the year.
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Nio has held exploratory talks with Mercedes for tie-up, report says
Nio has held exploratory talks with Mercedes-Benz about a partnership that would see the German automaker invest in it in exchange for technology, Reuters reported.
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BYD replaces Ford as world's 4th best-selling car brand in Aug, TrendForce says
BYD's sales continued to grow in China, while Ford's sales declined in Europe and the US.
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Nio signs strategic cooperation deal with German firm Würth
In Europe, Würth will support the customization of Nio's mobile service vehicles and help Nio develop its sales, after-sales service and energy replenishment network through its in
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Tesla to sell cars on Chinese e-commerce platform JD.com, report says
Tesla will sell cars in Chinese e-commerce giant JD.com's online mall to boost sales, according to local media.
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Nio most shorted Chinese ADR in Sept, says Morgan Stanley
New short positions in Chinese ADRs so far this month were the highest monthly short-selling flows in 2023, with Nio being the most shorted, Morgan Stanley said.
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All employees hold Nio shares as of year-end 2022, ESG report shows
Nio had 26,763 full-time employees at the end of 2022, including 26,366 in China and 397 overseas.
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Li Auto terminates $2 billion at-the-market equity offering after raising over $500 million
Li Auto announced last June 28 that it would sell up to a total of $2 billion in ADSs on Nasdaq in an ATM stock offering program.
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