From September 1 to September 24, Nio was at 13,900 units, Xpeng at 10,400 units and Li Auto at 29,200 units.
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And also Wuling and Tank launch new models.
The post China EV Daily (Sep 25): Huawei sets release dates, Xpeng launches P5, Nio denies funding rumors appeared first on CarNewsChina.com.
And also Wuling and Tank launch new models.
The post China EV Daily (Sep 25): Huawei sets release dates, Xpeng launches P5, Nio denies funding rumors appeared first on CarNewsChina.com.
Nio is considering raising about $3 billion and has approached investors from the Middle East, Bloomberg said earlier today, citing people familiar with the matter.
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Nio is considering raising about $3 billion from investors and has approached investors from the Middle East, according to Bloomberg.
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Shortly after the notes were priced, Nio purchased about $256 million aggregate principal amount of convertible senior notes due 2026 and about $244 million of convertible senior notes due 2027.
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Nio will waive service fees for car owners using its swap stations along highways during the upcoming National Day holiday, rather than waiving both service and electricity fees as it had previously done.
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Major of San Jose, Matt Mahan, and other state officials were among attendes.
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Nio president said media reports that the company sold 832 units in Europe in the first half of the year are inaccurate, and that the real results were three to four times that number.
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Nio aims to boost NOP+ coverage to 200,000 kilometers of urban roads by the first quarter of 2024.
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