Nio's booth is located at H1010, Xpeng is at H1009, and Li Auto is at H1102. BYD and its sub-brands are in Hall 3.
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The ET5 Touring is priced the same as the regular ET5 and the new ES6 is priced attractively, influencing potential ET5 customer's intention to buy the car, according to local media.
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Nio has repositioned the ET5 Touring to expand the model's user base by targeting the larger family market rather than the touring segment.
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Nio's vehicle deliveries in August and September are expected to be 20,000-21,000 units per month due to auto parts constraints, but parts supply will improve in the fourth quarter, BofA said.
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Deutsche Bank expects Nio to report revenue of 9.1 billion yuan in the second quarter, in line with current consensus estimates.
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In the next 1 to 2 years, some of Nio's in-house developed key chips including AD chips will be mass-produced, the EV maker's vice president in charge of hardware business said.
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Tesla and BYD's Denza are the only automakers up this week. Li Auto is flat, and Nio and Xpeng are down.
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Between August 1 and August 13, Tesla vehicles had 25,400 insurance registrations in China, Nio 7,000, Li Auto 13,500, and Xpeng 5,200.
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Xi'an is one of the oldest cities in China, the capital of 13 historical dynasties, and home to the famous Mausoleum of Qin Shi Huang and the Terracotta Warriors.
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Nio's gross margin will be under pressure due to lower deliveries, but stronger execution is starting to show up, which could help vehicle margins recover in the second half, according to Deutsche Bank.
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