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NIO, a new energy vehicle manufacturer, is planning to build a new battery swap station/charging pile production plant in Hungary to tie in with the company's business development in the European market.
China’s marketplace for new energy vehicles posted a strong rebound in June, industry data showed, leading an auto sector turnaround as cash subsidies and tax cuts, part of a wider push for economic stabilization, helped incentivize consumers.
Chinese new energy vehicle enterprise Leapmotor announced on Friday that its total deliveries in March reached 10,059 units, an increase of 193% from the previous month.
The first batch of NIO's flagship sedan, the ET7, has rolled off the mass production line at the JAC-NIO manufacturing base in Hefei on Thursday. Deliveries are set to begin next Monday.
Li firmly dismissed the idea of NIO venturing into the unmanned taxi business.
On Tuesday, BYD announced the delivery of its first batch of five new generation 12-meter pure electric buses to DB Regio Bus, a bus group owned by Deutsche Bahn.
News emerged on February 15 that Jia Yueting, founder of EV maker Faraday Future, was about to return to China from New York on February 18 on China Eastern Airlines' flight MU5171. The report was later denied by Faraday Future.
BYD YangWang U8 extended version spy photos exposed, will weaken off-road capabilities, mainly aimed at urban use.
Chongqing Sokon, Chinese tech giant Huawei's most important partner in the automotive sector, sold 7,451 new energy vehicles (NEVs) in March, up 164.69% year-on-year, according to figures it released on Wednesday.
Just as the sales of Wuling Motors' pure electric models are about to exceed one million units, the Chinese automotive firm announced on July 14 that it will officially enter the hybrid vehicle market.
Rumors say Chinese EV and battery manufacturer BYD will supply Tesla with "blade batteries" in the second quarter of next year, and that Tesla models equipped with "blade batteries" have entered the Type C testing stage.
On Monday, Geely’s new energy commercial vehicle group, Farizon Auto, unveiled a luxury electric semi truck – the "Homtruck" – now open for pre-orders with production and first deliveries planned for early 2024.