Nio has narrowed down the candidate cities to host Nio Day 2024 from eight to three -- Guangzhou, Hangzhou and Xiamen, one of which will host the event.
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Author: Phate Zhang
Nio is validating the first humanoid robot powered by Huawei's HarmonyOS at its factory, which uses Huawei's Pangu large model, according to local media.
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The new plant could give BYD easier access to the European Union, with which Turkey has a customs union agreement, said a Bloomberg report.
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Nio promotes Qu Yu, Senior Vice President of Finance, as new CFO.
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Multiple state-owned enterprises in Shanghai have purchased Tesla Model Ys as part of the city's efforts to optimize business environment and demonstrate equal treatment for domestic and foreign companies.
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BYD's blended price rose 1 percent month-on-month in June, while those of Nio, Xpeng, and Li Auto remained stable.
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Such an inspection could lead to Tesla receiving a lower duty than the average of 21 percent, as only individually verified producers receive their own duty, Politico said.
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Xpeng Aeroht will build a manufacturing center for flying cars in Guangzhou, which will first be used to produce the flying body of its modular flying car.
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Nio said it maintains the pricing of its current models in European markets at this stage. Xpeng said it is actively assessing the feasibility of establishing local manufacturing capabilities in Europe.
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The EU's provisional tariffs will apply from July 5 for a maximum period of four months. Within this timeframe, a final decision on the definitive tariffs must be made through a vote by EU member states.
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