EV
NIO ES8 Q1 deliveries reach 3,989 units, better than expectation
NIO ES8 Q1 deliveries reach 3,989 units, better than expectation

The ES8 sales in the first quarter of the year totaled 3,989 units, plunging around 50% compared with 7,980 units delivered in the previous quarter.

Apr. 3 , 2019
GAC NIO to launch all-new BEV brand
GAC NIO to launch all-new BEV brand

GAC NIO New Energy Automotive Co.,Ltd (GAC NIO) will launch an all-new car brand that focuses on the R&D, sale and relevant services of all-electric vehicles, the company announced on April 1 through its official WeChat account.

Apr. 1 , 2019
Faraday Future Signs New Joint Venture Agreement With the9 Limited
Faraday Future Signs New Joint Venture Agreement With the9 Limited

Faraday Future announced on Mar. 24 that it has signed a joint venture agreement with The9 Limited to form a joint venture (the “JV”) to manufacture, market, distribute, and sell luxury intelligent electric vehicles in China.

Mar. 25 , 2019
Volvo Underestimated Plug-In Hybrid Demand: Will Triple Production
Volvo Underestimated Plug-In Hybrid Demand: Will Triple Production

Volvo CEO Hakan Samuelsson admitted that the company hugely underestimated demand for its plug-in hybrid cars and now is hard at work to increase the production capacity.

Mar. 22 , 2019
Tesla raises price on most models, while not as high as planned
Tesla raises price on most models, while not as high as planned

Tesla once again adjusted prices on the Model 3, Model S and Model X after it said on March 10 that it will raise vehicle prices by about 3% on average worldwide as it plans to keep more retail stores open, some media outlet reported on March 21.

Mar. 22 , 2019