Geely becomes the latest Chinese auto giant after Changan to enter into a partnership with Nio on battery swap.
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Category: Nio
Previously, Geely announced they want to have 5000 battery swap station gloally by 2025.
The post Geely Holding and Nio to sign cooperation on battery swapping business appeared first on CarNewsChina.com.
For the period from November 1 to November 26, Nio was 12,700 units, Xpeng 14,800, Li Auto 34,800, Tesla 56,000 and BYD 178,000.
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As NEV ownership rises rapidly, battery swap may be the way to go when the load of residential charging struggles to meet demand, said an opinion piece in Economic Daily.
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Seven Chinese cars became candidates at the EU Car of the Year 2024, including four BYD models, Nio ET7, Smart #1 and Volvo EX30.
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Nio previously did its strategic planning based on a five-year length of time, but now that the market is changing so fast, the company has shifted to developing 2-year strategies, William Li said.
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Nio has an MPV model planned for its third-generation NT 3.0 platform, but the launch won't be anytime soon, the company's management said in a user communication.
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Nio's shared battery packs will be the next generation of mass-market battery packs that support ultra-fast charging, and the battery swap experience for Nio customers will only get better, William Li said.
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Nio delivered 55,432 vehicles in the third quarter, slightly above the lower end of the guidance range of 55,000 to 57,000 vehicles.
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For the week of November 1-19, Li Auto was 25,400, Nio was 9,400, Xpeng was 10,400 and Tesla was 39,300.
The post China EV insurance registrations for week ending Nov 19: Nio 3,700, Xpeng 4,200, Li Auto 10,000, Tesla 16,300 appeared first on CnEVPost.
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