CnEVPost Newsletter: Nio may unveil autonomous driving chip; Xpeng to discontinue G3 lineup
Nio's current use of four Nvidia Drive Orin chips is fine for autonomous driving algorithms, but the next generation smart driving chip should do better, an executive said.
Nio has added 995 battery swap stations so far this year, and is just 5 more away from its goal of adding 1,000.
Xpeng is planning to stop updating the G3 lineup and may design a new product to replace it, according to local media.
As of mid-December, Fang Cheng Bao had 120 directly-managed stores in 62 cities in China.
The number of such stores is expected to reach 800 in 2024 and 1,000 in 2025, according to local media.
The Exeed Sterra ES is set to intensify competition in China's electric sedan sector and could also put Xiaomi, which is about to launch its first model, under more pressure.
Some vehicles' dashboards may show a higher remaining battery charge than actual, and in extreme cases, the vehicle can lose power before the charging warning light comes on.
The US government is discussing raising tariffs on some Chinese goods, including EVs, the Wall Street Journal reported. Chinese EVs currently entering the US are already subject to a 25 percent tariff.
China's NEV penetration at retail is expected to be around 41.4 percent in December, up from 40.4 percent in November.
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