NIO Narrowed Net Loss to $629M in 2021
NIO Inc., a major player in the Chinese smart electric vehicle market, on Thursday announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.
3/25/20223 min read
Category: Auto
Showing 12 of 1695 posts in this category
Li Auto Founder Questions Comparison Between L7 and Niutron NV
Niutron, an EV maker established by Li Yinan, the founder of Chinese electric scooter firm Niu Technologies, unveiled its first model called the Niutron NV. One blogger's comparison between the new model and Li Auto's L7 was questioned by Li Auto's founder.
10/9/20223 min read
JiDU to Unveil Robot Car Concept at Beijing Auto Show
Xia Yiping, CEO of JiDU, on Wednesday revealed the company's latest progress in a speech and shared with employees multiple renderings of the concept car's interior and exterior design details.
3/3/20222 min read
EV Firm XPeng Opens Reservation for P5 Sedan in Four European Markets
Chinese electric vehicle maker XPeng on Friday kicked off customer reservations for its third and most recent production model, the XPeng P5 smart EV sedan, in Denmark, the Netherlands, Norway and Sweden.
3/11/20222 min read
NIO Releases Portable Charging and Discharging Device
Chinese automaker NIO on Monday released a portable charging and discharging integrated machine that aims to meet a variety of needs.
6/6/20222 min read
Xiaomi Enters South Korea Market, No Plans for EV
Xiaomi officially enters the South Korean market, with no plans to launch electric vehicle in South Korea. The company will focus on the Chinese electric vehicle market in the next three years.
1/16/20252 min read
Revealing the Efficient Operational Secrets of Tesla's Gigafactory Shanghai
Tesla's Gigafactory in Shanghai has played a significant role in the company's production and sales, accounting for 50% of its output. The factory has achieved an impressive gross margin of over 30%, owing to its efficient layout, optimized processes, cost-effective land acquisition, streamlined supply chain management, and skilled human resources.
4/27/20233 min read
Li Auto's Assisted Driving Total Mileage Exceeds 550M Kilometers
As of March 23, 2023, the total mileage of Li Auto’s assisted driving has exceeded 550 million kilometers.
3/27/20232 min read
Xpeng Motors and Volkswagen Sign Strategic Technology Cooperation Agreement for Electric Vehicle Development
On February 29, Xpeng Motors and Volkswagen Group signed a joint development agreement for platform and software strategic technology cooperation, accelerating the joint research and development of two B-segment electric vehicles.
Geely's Pickup Truck Brand Radar Eyes Potential IPO
Radar, a pure electric pickup truck brand owned by Geely, launched its first mass-production model, the RD6, on November 9, and said that it will enter overseas markets next year while selecting the appropriate time for an IPO.
Xiaomi Founder Lei Jun Visits EV Makers' Booths at Auto Shanghai 2023
On the second day of Auto Shanghai 2023, Xiaomi founder Lei Jun visited several electric vehicle makers' booths including NIO, XPeng, Geely's Zeekr and HiPhi.
4/20/20233 min read
China Extends New Energy Vehicle Purchase Tax Exemption
China will extend its exemption of new energy vehicles from purchase taxes to the end of 2023, according to results of the State Council executive meeting on August 18. This is the third time that China has extended the policy.
8/22/20222 min read