NIO

New Business

Chinese EV makers cannot stop ‘aggressive’ price-cutting – even as it imperils them

Chinese carmakers cut prices on pure electric vehicles (EVs) by an average of 10 per cent last month to spur…

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New Business

December EV sales of BYD, Nio, Xpeng, Li Auto, Leap, Zeekr soar on China’s buying spree

Half a dozen assemblers in China delivered record numbers of electric vehicles (EVs) to customers last month, as they rode…

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New Business

China mandates 30% EVs in government fleets in boost for carmakers, decarbonisation

Chinese government departments have been told to prioritise electric vehicle (EVs) purchases for official use, as Beijing ramps up efforts…

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New Business

Prices slashed again in China’s EV sector, threatening unprofitable carmakers

China’s electric vehicle (EV) makers reduced prices a month ahead of expectations, as cutthroat competition and overcapacity threaten unprofitable carmakers…

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New Business

Chinese firms seek European base for factories amid trade tensions, tariffs

Chinese companies are increasingly looking to set up factories in central and eastern Europe to circumvent tariffs and business disruption…

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New Business

China to remain top car exporter in 2025 despite slower growth on EU’s EV tariffs

China’s car exports are likely to hit a speed bump in 2025 as leading electric vehicle (EV) players absorb additional…

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New Business

Chinese EV maker Nio unveils Firefly branded cars to take on Mini Cooper and Smart

Chinese electric vehicle (EV) maker Nio launched a new small car under its Firefly brand that seeks to compete with…

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New Business

CATL to build 1,000 EV battery swap stations in China to ease range anxiety

Contemporary Amperex Technology (CATL), China’s largest producer of batteries for electric vehicles (EVs), plans to build 1,000 battery swap stations…

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New Business

Chinese EV maker Nio takes aim at foreign luxury marques BMW, Audi with new sedan

International car brands, already experiencing a sharp sales decline, have one more thing to worry about as Chinese electric vehicle…

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New Business

Test drive: Xpeng P7+ EV combines luxury, space, AI-powered driving assistance

Earlier this year when Xpeng launched the Mona M03, the company found it had a hit on its hands, and…

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