Electric Vehicle
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NIO to release details of Battery as a Service on August 20
NIO today said that the details of the Battery as a Service (BaaS) plan will be announced at a launch event in Beijing on August 20.
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Li Auto denies quality issues caused axle breakage
The photos of a Li ONE, made by Chinese EV maker Li Auto, with a broken front axle triggered widespread concern in China recently. Today Li Auto released a statement in response, saying it was an accident and not a quality issue, adding that the Li ONE's test quality exceeds that of Mercedes-Benz and BMW.
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BYD launches NIO-like mobile charging service
Chinese car-maker BYD recently launched its mobile charging service, which is similar to NIO's power replenishment car, and allows owners to get service by calling customer service when they need an emergency charge.
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NIO doubles down on autopilot with important new hire
NIO, the Chinese electric car company with tens of billions of dollars in cash on hand, has accelerated its expansion and begun to invest more in its automated driving software.
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Electric car catches fire while waiting at a traffic light in Shenzhen
On August 12, a white pure electric car, waiting for a traffic light at an intersection in Shenzhen suddenly caught fire, with the entire vehicle was engulfed in flames, according to kkj.cn.
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NIO partners with local ride-hailing firm to encourage owners share empty seats
Chinese EV maker NIO on Wednesday tied up with Dida Chuxing, a local ride-hailing startup, to encourage more NIO owners to join the latter's car pooling platform to share their empty seats with commuters.
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NIO denies battery swap benefits for owners will be reduced
In response to recent rumors that it's car owners' free battery swap benefits will be drastically reduced or even cancelled, Chinese EV maker NIO today denied.
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Tesla sets up insurance brokerage company in China
Tesla set up an insurance brokerage company in China on August 6 with a registered capital of 50 million yuan, regulatory documents show.
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NIO says it prepares to enter global markets, but this year is not the right time
NIO has made preparations to enter the global markets, but this year is certainly not the right time, Li Bin, the Chinese electric vehicle (EV) maker's founder, chairman, and CEO, said in the company's earnings call following the release of its second-quarter financial results today.
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NIO says its BaaS business sees significant progress, will release implementation details in Q3
NIO's Battery as a Service (BaaS) business model has made significant progress, with the first BaaS vehicle having completed validation of insurance, loan, and registration processes, said Li Bin, NIO's founder, chairman, and CEO, during the earnings call.