Sunday, 19 January 2025

Focus on Nio Inc.

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Chinese EV makers extend buying incentives as price war enters third year

The incentives are intended to encourage purchases before the government subsidy schemes for the new year start.

FILE PHOTO: The logo of NIO is pictured on the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023. REUTERS/Annegret Hilse/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

China’s Nio says new Firefly EV to go on sale in Europe in H1 2025

William Li, Nio's CEO, told reporters in Guangzhou that the company will work with local partners on the sale and service of the...

Robin Zeng, the CEO of China-based CATL, the world's largest maker of batteries for electric vehicles, speaks at a launch event for the next generation of swap stations held in Xiamen in southern China's Fujian province on Wednesday, Dec. 18, 2024. (AP Photo/Ng Han Guan)
AnalysisElectric Vehicles (EVs)ElectricityNewsStorageTransport

China’s getting a big electric car battery swapping boost in 2025. Would that work across the globe?

Battery swapping allows EV drivers to pull into a station on a low battery and receive a swapped battery within minutes.

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/File Photo
BusinessElectric Vehicles (EVs)NewsSemiconductorTransport

China’s Nio, behind on growth targets, aims to tighten cost control

The company has had 30-40% growth in the last three years — but that was not satisfactory for its CEO.

FILE PHOTO: A Mercedes Benz E300 is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say

Mercedes-Benz taps China's Momenta for ADAS tech, with $75M investment, aiming to regain market share in China by 2025.

Visitors look at MONA M03 electric vehicles (EV), displayed outside the venue of XPeng's launch event, in Beijing, China.
AutomotiveBusinessElectric Vehicles (EVs)News

XPeng forecasts upbeat fourth quarter revenue as new launches improve demand

Chinese EV maker XPeng forecasts strong Q4 revenue, beating Wall Street estimates.

People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/ File Photo
AutomotiveBusinessManufacturingNews

China’s Nio plans to sell its first hybrid car overseas only, sources say

Nio plans 2026 hybrid launch under Firefly brand for overseas markets, addressing EV challenges in Europe and Middle East.

Xiaomi's new EV sedan SU7 Ultra is unveiled during an event in Beijing, China October 29, 2024. REUTERS/Tingshu Wang
BusinessElectric Vehicles (EVs)ManufacturingNews

Xiaomi chief touts Nurburgring record ahead of EV launch

Xiaomi's SU7 Ultra prototype set a Nurburgring record for four-door cars, completing the lap in 6:46.874 ahead of its launch.

FILE PHOTO: Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Chinese car sales fall for fifth straight month

Subsidies for petrol-powered vehicles help boost EVs in China car sales even as overall picture continues slump.

FILE PHOTO: FILE PHOTO: The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020.  REUTERS/Lucy Nicholson/File Photo/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsPolitics

Tesla plans six-seat Model Y, production slated for 2025 in China, sources say

Tesla has asked suppliers to prepare accordingly for a double-digit increase of Model Y output at its Shanghai factory, said one of the...

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