Industry

Prior to this, XPeng Supercharger has opened free lifetime charging service in 44 cities including Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Chengdu, and Chongqing.

China-made Tesla Model Y (TSL6480BEVBA0) has been included in China's new energy vehicle model catalog, which means that the model has been approved for sale in China.

NIO on November 30 officially released NIO OS 2.8.0, which will be pushed to ES6, ES8 and EC6 vehicles with current version 2.6.5 and above in batches via FOTA from now on.

China's Northwestern Polytechnical University has showcased their newly developed flexible electronic display that is as thin as an A4 sheet of paper.

As the predominant state television broadcaster in China, CCTV generally only focuses on events with significant social impact. NIO's stock price surge this year seems to be one of them.

The final printed out shopping list shows a payment of RMB 690,000 ($10,4962) at the end of the receipt.

In addition to Covid-19 and monetary easing, the rise of new energy vehicles including NIO, Li Auto, and XPeng is also supportive of auto sales.

Among them, the subsidy for the operation of new energy buses in 2021 is RMB 15.689 billion, accounting for 41.74% of the total amount.

On November 27, NIO rose 0.58% to $54, bringing its year-to-date gain to 1243%. It has a market capitalization of $72.84 billion (RMB 478.84 billion), surpassing BYD's RMB 474.9 billion to become the auto company with the highest market capitalization in China.

"We have to strengthen our connection with the capital market, just like NIO and Li Auto," the company's co-founder said.