EV

For the second time, Chinese EV maker NIO is the new hospitality partner of the Golden Rooster Awards, the Chinese equivalent to the American Academy Awards.

"We think only disappointing or weak sales would trigger a pullback in NIO shares, which is not our baseline scenario at this point," JP Morgan said.

The model is designed for young people who want to be trendy and innovative and has a bold color scheme.

"Starting next year, in the Chinese autopilot field, you have to be prepared to be beaten by us to find out where the East is," XPeng CEO He Xiaopeng said.

The car accelerates from 0-100 km in 4.9 seconds, has an NEDC range of 400 km, and is priced at RMB 357,000 yuan after subsidies.

Dawn has come for NIO, Li Auto, and XPeng, analysts say.

Chinese EV maker XPeng today announced the new XPeng P7 Scissor Door Edition, available in 4WD High Performance and Rear-Wheel Drive versions with a subsidized retail price of RMB 366,900 to RMB 409,900.

Including Tesla, NIO, XPeng, everyone should work together to impact the gasoline car market, so that consumers who wanted to buy fuel cars at the price range of 200,000 yuan to 300,000 yuan will shift to new energy vehicles.

The central Chinese city of Hefei, where NIO China is headquartered, today announced a plan to accelerate the development of the local new energy vehicle industry, providing the EV maker with a more favorable policy environment.

GAC New Energy will formally announce the Aion brand at the Guangzhou Auto Show and announce the independence of GAC Aion, the company's source said.