Turkey has imposed an additional 40 percent tariff on China-made electric vehicles as the country prepares to launch its first locally produced EV, the Togg.
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A female former intern claims she was treated unfairly after being sexually assaulted while working at NIO. The company issued a clarification, but it was challenged by the lady.
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The new XPeng P7 will be named P7i and will go on sale next week, when pricing information will be announced, according to local media.
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In the first two months, Tesla sold 140,453 China-made vehicles, up 20.71 percent from the same period last year.
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NIO's battery R&D team has now exceeded 800 people, with annual R&D investment expected to exceed RMB 1 billion, according to local media.
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This is a full-text translation from CnEVPost of NIO's March 1 earnings call.
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The model will be equipped with BYD's new powertrain and will outperform the Mercedes-Benz G-Class, according to local media.
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The model will be equipped with BYD's new powertrain and will outperform the Mercedes-Benz G-Class, according to local media.
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"Even if we exclude these one-time headwinds, vehicle of margin of 13.5% would have been a miss and lowest since 2Q20," Deutsche Bank said.
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NIO today announced its fourth-quarter earnings results and its management held an analyst call afterward.
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