Nio gets independent car production qualification, govt doc shows
China has imposed restrictions on car production over the past decade amid concerns about overcapacity. Nio had previously been producing cars under JAC's qualification.
Nio rumored to announce deal to buy JAC's factory assets soon
As JAC's deal to sell its factory assets comes to a deadline, rumors that Nio will buy them and announce its own car-making qualifications are circulating widely on Chinese social media.
Nio exec hints at new model for Nio Day 2023
Nio's annual event, Nio Day, is expected to take place at the end of this month.
Tesla sells 82,432 China-made vehicles in Nov, up 14.31% from Oct
Tesla sold 82,432 China-made vehicles in November, up 14.31 percent from 72,115 in October, ending the previous two months of sequential declines.
BYD's car carrier completes 1st trial voyage
BYD's roll-on/roll-off car carrier Explorer 1 has completed its first 7-day sea trial in Yantai, Shandong province.
Xiaomi has reportedly planned 2 additional models, including 1 hybrid
The strategy of having a hybrid model as the third product is more of a practical move by Xiaomi to boost sales faster, local media said.
China may achieve NEV penetration of over 50% 10 years early, says ex-industry minister
In October, China's NEV penetration at retail stood at 37.8 percent, up 7.6 percentage points from 30.2 percent a year earlier.
China's NEV retail sales up 2.7% MoM to record 767,000 in Oct, CPCA data show
China's NEV penetration rate at retail was 37.8 percent in October, up from 36.9 percent in September.
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