According to NIO's internal expectations, ALPS will have half the number of models than the main brand NIO, but will aim to achieve 50,000 units per month in sales, local media said.
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Continue reading Stellantis earnings rise along with EV sales
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Toyota could start building electric cars in Kentucky as soon as 2025 by updating an existing factory, Nikkei reported Tuesday. The move could allow Toyota vehicles to qualify for the $7,500 federal tax credit under new rules, instituted under the Inflation Reduction Act (IRA), requiring North American assembly of vehicles and battery packs...
NIO now has 11 battery swap stations in Europe, with six more to open soon.
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