EV
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Tesla exec denies discriminating against mainland customers on Model 3 supply
Recently, Tesla came back into the spotlight when several tech bloggers claimed that the US carmaker launched a revised version of the Model 3 produced by the Shanghai Gigafactory in the Hong Kong market, instead of supplying this new model to Chinese mainland customers.
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China's biggest property developer reveals logo of the cars it's making
Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, today unveiled the logo of its vehicle brand, Hengchi.
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Behind Chinese brands' efforts to enter high-end market: to become another NIO or Tesla?
According to the data released by NIO, Li Auto and XPeng at the beginning of November, they delivered a total of 11,781 new cars in October, surpassing the average monthly sales record of China-made Model 3.
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JP Morgan raises NIO price target to $46 from $41
Four weeks ago, JP Morgan sharply raised NIO price target from $14 to $40, representing a 85% upside potential at that time.
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NIO's 159th battery swap station begins operation
NIO today announced the opening of its 159th battery swap station in China in Yueqing, Zhejiang Province.
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What does NIO do with FOTA?
With the increasing digitization of vehicles, the trend of "software-defined vehicle" has become unstoppable. Under the impact of the rapid iteration of new technologies, FOTA has become the focus of car manufacturers.
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Tesla Shanghai plant reportedly plans to produce 550,000 cars next year
Tesla Shanghai Gigafactory plans to produce about 550,000 vehicles in 2021, including 300,000 Model 3s and 250,000 Model Ys, 36kr.com quoted a source as saying.
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NIO business model goals are met with release of world's second 100kWh battery pack
Following the BaaS (Battery as a Service) announcement on August 20, Chinese electric vehicle (EV) maker NIO (NYSE: NIO) announced the 100kWh battery pack on November 6, making it the second car company in the world, after Tesla, to release a 100kWh battery pack.
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NIO shorts lost at least $2.66 billion this year
Short sellers in Chinese electric vehicle (EV) maker NIO (NYSE: NIO) lost $155 million on November 3, bringing their cumulative losses this year to $2.66 billion, according to data from financial analytics firm S3 Partners.
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NIO continues to move forward in no-man's land with battery upgrade plan
On November 6, NIO unveiled a higher capacity 100kWh battery in Beijing, allowing owners to get longer range out of their vehicles with a flexible upgrade program.