It has completed the expansion and extension of the senior bridge financing facility put in place in 2019 to support the completion and launch of its flagship FF 91 EV and continue development of the mass-market FF 81.
Oct. 15 , 2020
Its board of directors and board of shareholders have approved the company’s restructuring plan.
Oct. 14 , 2020
In September, China’s locally-produced new energy passenger vehicle (NEPV) wholesale volume exceeded 125,000 units, skyrocketing 99.6% from a year ago and jumping 24.1% from a month ago, according to the China Passenger Car Association (CPCA).
Oct. 14 , 2020
NIO, the most high-profile Chinese EV startup, decided to hold the fourth NIO Day in Chengdu on January 9, 2021, which was conventionally celebrated in December.
Oct. 12 , 2020
The China-made Tesla Model Y SUV is expected to roll off the production line at the Gigafactory Shanghai at the end of this year and is likely to be delivered from the first half of 2021, according to a Chinese local media outlet.
Oct. 10 , 2020
NIO, Xpeng, Li Auto and WM Motor all achieved new high in deliveries of the third quarter of this year.
Oct. 10 , 2020