Tag: NIO
XPENG CEO: “Elimination Round” Hitting in Chinese EV Market in 2025
The Chinese electric vehicle market has gotten a lot bigger in the past year as electric vehicles have gotten more and more competitive. As part of that, there have been occasional “price wars” in which automakers aggressively lower prices in order to reach sales targets — even to the point … [continued]
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Tesla Model Y Juniper Revealed In China
The refreshed Tesla Model Y Juniper is now in production in China, looking very much like the original car but updated gracefully.
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XPENG & NIO Sales Soar to Record Highs in December
XPENG and NIO ended the year with a bang. They both set new monthly sales records in December. XPENG Sales Figures XPENG rose to 36,695 deliveries in December, which was a whopping 82% increase over December 2023. That also meant the company ended the 4th quarter with 91,507 deliveries, a … [continued]
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NIO’s ESG Rating Gets Boosted
Not every company is eager to talk about ESG (Environmental, Social, and Governance) evaluations. In fact, in the auto industry, it seems more common to ignore them than highlight them. It’s hard to be doing well from an environmental perspective, a social perspective, and a governance perspective when you’re in … [continued]
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NIO’s New Firefly Brand Has Some Special Sauce, Could Help NIO Reach Profitability
NIO launched a new brand last week, the low-cost Firefly brand. The new compact car from Firefly will cost as little as 148,800 yuan ($20,400) at launch. It also launched its most expensive model, the ET9, which starts at 788,000 yuan ($108,000), more than 5 times more! Clearly, NIO is … [continued]
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