Tag: nio

Nio and Xpeng with record deliveries in September
Automobiles

Nio and Xpeng with record deliveries in September

As first reported by the We Go Electric Car Magazine Nio and Xpeng both had an amazing September. For the first time in the history of these young EV companies they delivered more than 10,000 units each during one Month. XPeng delivered 10,412 during September and NIO delivered a record 10,628 units during that same Month. China's new local car makers are off to a great start.
China’s regulator about to tighten the usage and collection of data by car companies
Politics

China’s regulator about to tighten the usage and collection of data by car companies

China’s Cyberspace regulator just issued a release that they are about to tighten the usage and collection of data by car companies. This will likely affect Tesla but also homegrown companies like Nio & Xpeng. You can read the release here : http://www.cac.gov.cn/2021-08/20/c_1631049984897667.htm ( use google translate) China's cyberspace regulator just released notice tightening the usage and collection of data by car makers effective on Oct 1, regulating smart car makers as internet companies. $TSLA $NIO $XPEV https://t.co/sBytCg4SU0— Junheng Li (@Junheng_Li) August 20, 2021 Source: https://wegoelectric.net/chinas-regulator-about-to-tighten-the-usage-and-collection-of-data-by-car-companies-such-as-tesla-nio/
Nio delivering 8,000 vehicles in June despite chip shortage
Automobiles, Electric Vehicles

Nio delivering 8,000 vehicles in June despite chip shortage

Chinese electric car start-up Nio said Thursday that it delivered more than 8,000 cars in one month for the first time. The company delivered 8,083 vehicles in June. This brings the second-quarter total to 21,896 cars according to a release. That quarterly figure came in on the high end of Nio’s forecast for deliveries of between 21,000 and 22,000 vehicles in the three months ended June. Nio’s U.S.-listed shares are up 9% so far this year. The company has typically delivered more electric cars a month than two other U.S.-listed electric car start-ups, Xpeng and Li Auto. Their shares are up about 3.7% and 21%, respectively, so far this year. The strong second-quarter performance came despite a decline in monthly deliveries in May from April — whi...