Electric Car
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Analyst gives NIO 'Overweight' rating, says smart features and BaaS model provide certainty
China-based Northeast Securities' analyst Li Hengguang said the smart features and battery rental service BaaS provide certainty that NIO's sales will continue to improve.
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First batch of China-made Tesla Model 3s exported to Europe arrives in Belgium
The first batch of more than 3,000 Tesla Model 3 cars made in China and exported to Europe arrived in the port of Zeebrugge, Belgium on November 26 after a month-long sea voyage, and started loading and unloading operations on November 27.
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NIO exec calls for supply chain-wide collaboration to enable technology and business model innovation
"Innovation in technology and business models requires collaboration across the supply chain," NIO Executive Vice President and Quality Committee Chairman Shen Feng said.
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XPeng CEO urges employees not to focus on short-term ups and downs in stock price
On Monday, XPeng's stock price surged more than 30% and its market capitalization exceeded $50 billion, surpassing Baidu.
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NIO ranks second in J.D. Power innovation rankings, Tesla 12th
NIO founder William Li Bin has said that Tesla is not insurmountable. Now it seems that NIO has surpassed Tesla, at least in this ranking of automotive brand innovations.
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NIO, with plenty of cash on hand, reportedly restarts L4 autopilot development
NIO was an early EV maker in China that began automated driving development in 2015, but the automated driving team was most affected by layoffs in North America in 2019 due to financial constraints.
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SAIC joins forces with Alibaba, Zhangjiang Hi-Tech to enter high-end EV market
SAIC invested 5.4 billion yuan, Zhangjiang invested 1.8 billion yuan, and Alibaba and other companies invested 2.8 billion yuan in the project, local reports said.
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Tesla confirms Supercharger factory in Shanghai, plans to start production in Q1
The project is scheduled to go into production in the first quarter of 2021, with an initial planned annual output of 10,000 superchargers, mainly V3 superchargers.
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China's economic planner reportedly investigating investments in NEVs to prevent overcapacity
An auto company insider said that in addition to clarifying the basic situation, the move also sends a signal to prevent the current overcapacity of new energy vehicles.
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Top VC on stock price surge of Chinese EV makers: How to be 'friend of valuation'?
The shares of the three Chinese EV giants recently listed in the U.S. have all skyrocketed. Matrix Partners China, a leading venture capital (VC) firm that has backed major Chinese tech firms at their early stages, released their thoughts in an article published Wednesday.