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CnEVPost Newsletter: Rumors on Nio's car-making qualifications, Stellantis-Leapmotor deal
Nio acquired Leopard in a government-coordinated buyout to qualify for vehicle production, and potential further acquisitions of two of JAC's plants will allow it to end its history of contract manufacturing, local media said.
Qualcomm overnight launched its latest Snapdragon 8 Gen 3 chipset, which is expected to be standard on flagship Android-powered phones in 2024.
The station is Nio's 1999th in China and appears to commemorate Macau's return to China in 1999.
Xpeng delivered 40,008 vehicles in Q3, within guidance range, with new SUV G6 contributing 48.6 percent.
BYD has become the first Chinese automaker to participate in the Tokyo auto show, with the ultra-luxury Yangwang U8 making its overseas debut and demonstrating its tank turn feature.
As part of the deal, Leapmotor and Stellantis are also discussing a joint venture, according to Bloomberg.
Rumors on Chinese social media said HiPhi will lay off up to 20 percent of its workforce and up to 50 percent in some divisions.
Pony.ai plans to set up a joint venture with Neom in Northwest Saudi Arabia to provide autonomous driving technology solutions for the region.
MG, Tesla, and BYD were the brands that exported the most NEVs from China in the first half of the year, contributing 25.3 percent, 22 percent, and 15.4 percent, respectively.
China's retail penetration of NEVs was 38.9 percent in the October 1-22 period.
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