In 2023, Chinese automakers made their best to prove their relevance to European buyers, taking over Euro NCAP.
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Category: Nio
BYD sold 263,066 retail units in China in November, and Tesla 65,504.
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The ES6 and ET5 Touring remain the top Nio models in terms of deliveries, together contributing 55.86 percent of November's volume.
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Offering new variants with LFP batteries is a means for some EV makers to cut prices, and Xpeng's LFP version of the P7i, launched last month, has lowered the starting price by RMB 26,000 yuan.
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Nio has re-filed all eight models, with the biggest changes being the switch of the manufacturer's name from JAC to Nio and the removal of the JAC logo from the rear of the vehicles.
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A report earlier today said some of Nio's departments were asked to prepare reserve lists of layoffs, which may widen the original dismissals to 20 percent to 30 percent.
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The model would be a low-volume car, but may serve as a halo vehicle to generate excitement around the brand, Deutsche Bank said.
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The spin-off could take place as early as the end of this year, after which the battery unit will seek external investors, according to Reuters.
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With full control over all core processes of vehicle production, Nio will be able to improve its manufacturing efficiency and have more leverage in the fierce competition.
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Nio will unveil a new flagship model at Nio Day 2023 that will feature many world's leading technologies, William Li said earlier today.
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