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CnEVPost Newsletter: NIO's William Li expects China's EV penetration to double to 20% in two years
NIO's William Li expects China's EV penetration to double to 20% in two years - CnEVPost — cnevpost.com While the transition from fuel to electric vehicles is difficult, once consumers accept the shift, they basically won't go back to fuel cars, Li said.
NIO insists on developing core technology in-house, not relying on partners - CnEVPost Although it costs more money and is more difficult, the innovation ability accumulated in this way is different from that of midway entrants, NIO CEO said.
NIO cancels affiliate firm with registered capital of about $200 million - CnEVPost The company was established in December 2017, and its legal representative was Qin Lihong, co-founder and president of NIO.
Li Auto's 2,000-person Shanghai R&D center completed - CnEVPost The center will focus on cutting-edge development of smart electric vehicle technology, including ultra-fast charging, autonomous driving, and next-generation smart cabin technology.
Tesla releases highly anticipated vehicle trip data, says it will cooperate unreservedly with investigation - CnEVPost Tesla on Thursday released the much-anticipated vehicle travel data from a highly watched accident in an attempt to resolve a dispute that has left the company open to criticism.
Former OPPO VP hints Tesla drama could be watershed moment for rise of Chinese brands - CnEVPost A Tesla owner's protest over "brake failure" has sent the US electric car company into the center of a storm in China. Now, a former executive at smartphone giant OPPO is drawing parallels between the drama and the exploding battery of the Samsung Galaxy Note 7.
Xiaomi president says car building hasn't started yet, decision was announced to get better resources - CnEVPost Xiaomi's car seems to be a little further away from hitting the road than expected.
BMW partners with local supplier to gain high-precision positioning capabilities in China - CnEVPost High-precision positioning capability is a must for high-level autonomous driving, which allows the map to accurately reproduce the real road conditions.
China's hydrogen fuel cell vehicle ownership exceeds 7,000 - CnEVPost The cumulative number of hydrogen fuel cell vehicles in China has exceeded 7,000, Chinese official media the People's Daily said on April 21.