NIO dropped to the No.4 on the list of Chinese NEV startups by Oct. registrations.
Nov. 30 , 2021
GAC AION, the wholly-owned NEV subsidiary of GAC Group, will implement an internal asset restructuring by means of cash capital increase, asset injection, and conversion of capital public reserve.
Nov. 30 , 2021
The first pre-production vehicles of the ET7, NIO’s fourth mass-produced model, rolled off the assembly line on Nov. 29, indicating that NIO has started the validation of its plant’s small-scale volume production capability for the model.
Nov. 29 , 2021
Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), plans to build a 12GWh power battery manufacturing plant in Fuling district, Chongqing city.
Nov. 29 , 2021
Tesla still outperformed its Chinese startup rivals with 13,835 China-made vehicles registered last month, while it posted a 73.4% slump compared to the previous month.
Nov. 28 , 2021
Beijing Welion New Energy Technology Co.,Ltd. (Welion), who supplies solid-state batteries to companies including NIO, will nab around 500 million yuan ($78.261 million) from strategic investors like Xiaomi and Huawei.
Nov. 26 , 2021