"While management still has a long way to go in restoring creditability among investors, this should be viewed as a meaningful step in the right direction," Edison Yu's team said.
The post Nio's job cut could save up to RMB 2 billion per year, says Deutsche Bank appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The Zeekr 007 will be Zeekr's first sedan and its first model for the mainstream market, as all three of its current models on sale are aimed at niche markets.
The post Zeekr names its 1st sedan Zeekr 007, pre-sales to begin on Nov 17 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The vlogger was ordered to post apologies on his Douyin account for 90 consecutive days and to compensate Nio for financial losses totaling more than 600,000 yuan in a first instance ruling.
The post Vlogger ruled to apologize to Nio and pay financial damages for reputation infringement appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Fang Cheng Bao began pre-sales of the Bao 5 on August 25, with a price range of RMB 300,000 to RMB 400,000.
The post BYD Fang Cheng Bao to officially launch debut model Bao 5 on Nov 9 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
"My goal, and my commitment to this company, is I want all of us to buy a Nio car from our personal paycheck one day," Nio US CEO Ganesh Iyer said.
The post Nio exec reaffirms goal of entering US market by 2025 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Most of Nio's businesses will see layoffs, with the battery and phone businesses likely to be adjusted the most, according to local media.
The post Nio's battery, phone businesses likely to be hardest hit by layoffs, report says appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Nio said it will improve resource efficiency and defer or cut investments in projects that do not contribute to the company's financial performance in three years.
The post BREAKING: Nio lays out organizational optimization plan: To cut 10% of positions, emphasize on improving efficiency appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Xpeng made a filing earlier this year for the P7 with an LFP battery pack, with cell supplier Eve Energy.
The post Xpeng to launch new P7i variant on Nov 6, possibly lower-priced LFP version appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Cariad China's partnership with Vivo comes at a time when Chinese consumers are increasingly valuing the seamless experience of connecting their smartphones to EVs, which has even driven some EV makers, including Nio, to enter the phone making space.
The post VW's software arm Cariad sets up joint lab with Vivo to explore phone-car integration appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The EC6's contribution to Nio's sales is modest, but the actor's move to buy the coupe SUV is an endorsement of the model and the Nio brand.
The post Actor in Nio's new EC6 launch event, buys an EC6 appeared first on CnEVPost.
For more articles, please visit CnEVPost.