The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
When product autonomy is considered in the long run, it's not surprising to see carmakers and smartphone manufacturers in China vying to cross over into each other's market. However,...
Auto vendors have resumed pulling in orders, although it is still unclear how the recovery will develop, according to sources at channel distributors in China.
China-based EV company Nio saw margin declines in the first quarter of the year. While it will continue major R&D investments, the carmaker acknowledged that it had adjusted some...
Tesla battery supplier Panasonic said on May 10 that it had rescheduled the mass production of 4680 battery cells to next year. On the other hand, China-based EV company Nio filed...
China's automotive-grade chip suppliers Horizon Robotics Technology and Black Sesame Technologies are in a position to rival Nvidia and Texas Instruments (TI) in both high- and low-computing...
China-based EV company Nio will adopt NXP Semiconductors' 4D imaging radar technology, according to an announcement on May 2. Only last month, the carmaker invested in a domestic...
As battery electric vehicles (BEV) are moving from 400V to 800V architecture, China-based new energy vehicle (NEV) brand Nio invested in China-based SiC startup Qingchun Semiconductor,...
As Huawei has come under US sanctions, it is therefore difficult for automakers in Europe, the US and Japan to choose Huawei as a main supplier, said Richard Yu, the company's executive...
Nio Inc. is "very confident" of meeting its target of doubling sales to 250,000 electric vehicles this year, Chief Financial Officer Steven Feng said, prompting the Chinese automaker's...
Worldwide sales of electric vehicles (EV) increased 55% to 10.1 million units in 2022, according to Canalys. China was by far the largest EV market last year, accounting for 59% of...
China-based EV company Nio signed a strategic cooperation framework agreement with its supplier, Ningbo Tuopu Group, on March 16. The pair will collaborate on a "Tier-0.5" model,...
China-based EV company Nio finished 2022 with growing revenue and more loss from operations. It said the increased loss was largely because of the lower order forecast for existing...
New Chinese automakers have experienced a delivery reduction for January 2023 due to China's new energy vehicle (NEV) subsidies ending and a consumer slack season. In addition, Tesla's...
Automotive electrification facilitates the growth of new EV companies. According to DIGITIMES Research, emerging businesses tend to rely on contract manufacturers for car-making,...
