Electric Car

As of October 5, 2020, Chinese electric vehicle (EV) maker NIO (NYSE: NIO) has provided more than one million free battery swaps to users, with a maximum of more than 500 battery swaps for a single vehicle, NIO said today.

A recent price cut on the China-made Tesla Model 3 has sparked a lot of discontent among new car owners. Seemingly in response, the company's local rival, XPeng Motors, has taken the opportunity to introduce a price protection scheme for owners.

Tesla's Chinese rival XPeng Motors said on October 4 that it delivered 8,578 vehicles in the third quarter, up 266 percent year on year and a new high for quarterly deliveries.

On June 10 of this year, Tesla's stock price surpassed $1,000 for the first time, overtaking Toyota as the world's largest car company by market capitalization.

Apart from building cars, Xpeng Motors founder He Xiaopeng's LP portfolio has been little known.

The outside world is now very familiar with NIO's successful customer operations.  During this year's epidemic, 69% of NIO's new car orders reportedly came from referrals from previous owners, and that number has reached about 40% since the epidemic eased.

Tesla recently lowered the price of the entry-level China-made Model 3 again, which was speculated to be due to the model's use of lithium iron phosphate batteries, a speculation that has now been officially confirmed.

Chinese EV maker Li Auto delivered a record 8,660 vehicles in the third quarter of 2020, up 31.1 per cent from the second quarter and a new high for quarterly deliveries.

Chinese electric vehicle (EV) maker NIO (NYSE: NIO) said today it delivered 12,206 vehicles in the three months to September 2020, up 154.3 percent from the same period last year.

Tesla China has launched the 2021 campus recruitment, targeting 2021 graduates from November 2020 - October 2021, including engineering R&D, manufacturing, IT software R&D, operations, sales, delivery and after-sales service, and functional support positions.