The chip, called the Shenji NX9031, is built on a 5 nm process and has over 50 billion transistors.
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Author: Phate Zhang/CnEVPost
Nio aims to add 1,000 battery swap stations and 20,000 charging piles in 2024 in China.
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The Nio ET9 is now available for pre-order in China, with a pre-sale price of RMB 800,000, or roughly $112,150.
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A video posted by Nio on Weibo shows some details of the ET9's wheels, showing that the Nio logo will remain stationary as the wheels turn.
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BYD will build an NEV production facility in the Hungarian city of Szeged, which will be constructed in phases and is expected to create thousands of local jobs.
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BYD plans to build a new factory to produce EVs and batteries in Szeged, southern Hungary, according to the Financial Times.
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A land acquisition and signing ceremony for Tesla's Megapack project was held in Shanghai on Friday morning, marking the official start of what the company called a "milestone project".
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The start time of Nio Day 2023 will be 6:00 am US Eastern Time and 12:00 pm Central European Time.
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As of mid-December, Fang Cheng Bao had 120 directly-managed stores in 62 cities in China.
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China's NEV penetration at retail is expected to be around 41.4 percent in December, up from 40.4 percent in November.
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