Starting in June, NIO will basically maintain a construction rate of 120-150 battery swap stations per month.
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China's industrial regulator has released the latest list of new energy vehicles exempted from vehicle purchase tax, including the NIO ES7, the new ES8 and the new ES6, which has not yet been officially launched.
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The rollout of NOP+ is NIO's preparation for the launch of its subscription-based NAD assisted driving software.
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The new XPeng P7 was launched in Europe on February 3, and the model is expected to be officially launched in China in March.
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The program is only available to a few strategic customers, including NIO, Li Auto, Huawei and Zeekr, and Tesla is not included, according to local media.
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Haomo DriveGPT has now completed model building and validation of the first phase of data, with parameters comparable in scale to GPT-2.
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The small price increases for the Tesla Model Y mean that the model is unlikely to revert to price cuts in the near future, and is expected to dampen the wait-and-see attitude of some potential consumers.
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NIO delivered 40,052 vehicles in the fourth quarter, above the upper end of its lowered guidance range of 38,500 to 39,500 vehicles.
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An NIO salesperson in Beijing said the older ES8, ES6 and EC6 models have been discontinued for two months and they are now out of stock in the city.
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If all the manufacturing space BYD has to build cars in China is counted, it would amount to a big percentage of Manhattan island, Munger noted.
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