In the face of a growing chip shortage, the industry’s regulator in China is taking action in addition to car companies finding their own ways to deal with it.
Providing lifestyle services to vehicle owners is one of NIO’s most important endeavors outside of vehicle sales, and now the company has made a new move.
The percentage increased by 3.48 percentage points from 30.86 percent at the end of July and by 14.02 percentage points from 20.32 percent at the end of January.
As of September 3, NIO has 428 battery swap stations, 291 supercharging stations, 499 destination charging stations, and access to over 400,000 third-party charging piles.
Musk linked the launch of the new model to Tesla achieving a deployable full self-driving system, even asking employees, “Do we want to have this car come with a steering wheel and pedals?”
BYD sold 30,382 pure electric vehicles in August, up 223 percent from 9,414 units a year earlier. It sold 30,126 units of plug-in hybrids in August, up 556 percent from a year earlier.
Foxconn said one of its subsidiaries signed an agreement with HengDrive, a motor manufacturer, to acquire a 63 percent stake in the latter for about RMB 378 million ($60 million).