William Li asks for better performance in all-hands letter as NIO suffers persistent operational issues

NIO's workload will increase a lot in 2023, but there will only be a small increase in resource investment, and inefficient projects will be optimized.

Full text: NIO CEO William Li's internal letter to employees

NIO must tap potential from within, inefficient projects will be fully optimized, and employees need to be more agile, Li said.

NIO ET5 wait time further reduced to 8-10 weeks

NIO delivered 15,815 vehicles in December, of which 7,594 were ET5s, contributing 48 percent.

BYD officially launches Yangwang brand, debuts hardcore off-road SUV U8 and supercar U9

The two models are built on Yangwang's e⁴ platform, the first mass-produced four-motor independent drive technology platform in China.

Tesla sells 55,796 China-made vehicles in Dec, down 44% from Nov

That's down 44.37 percent from 100,291 vehicles in November and down 21.24 percent from 70,847 vehicles in the same month last year, according to data released today by the CPCA.

Li Auto could reach 40,000 monthly sales in 2023, exec hints

Steady-state monthly sales of the Li L9 are expected to be in the 8,000 to 10,000 range, and both the Li L7 and Li L8 are expected to be in the 10,000 to 15,000 range, a Li Auto executive said.

Haomo builds China's largest self-driving computing center, taking arms race to new level

Tesla has pioneered the autonomous driving 3.0 era, and Haomo is most likely to be the first Chinese company to do the same, analyst says.

Beijing to hand out 100,000 extra license plates in 2023, 70% to EVs

From January to October 2022, a total of 493,600 new vehicles were sold in Beijing, 34.24 percent of which were NEVs.