NIO Inc
Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts ‘intense competition’
Nio’s ET5 stands on exhibit at the Central China International Vehicle Exhibit on May 25, 2023, in Wuhan, China. Getty Images | Getty Photographs News | Getty Photos Chinese electrical carmaker Nio plans to lower 10% of its workforce amid “intense levels of competition,” CEO William Li claimed Friday. The career cuts will be completed […]
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Nissan CEO weighs in on how the EV market has changed since Covid
Nissan Motor Co. CEO Makoto Uchida speaks next to the Nissan Hyper Force electric vehicle during the Japan Mobility Show at Tokyo Big Sight in Tokyo, Japan on October 25, 2023. Tomohiro Ohsumi | Getty Images Nissan Motor‘s CEO says that when it comes to electric vehicles, the world has changed a lot since Covid […]
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Chinese EV startups Xpeng, Li Auto supply a report selection of cars and trucks in Oct
Xpeng reveals its G6 SUV at a major auto display in Shanghai on April 18, 2023. Vcg | Visual China Team | Getty Pictures BEIJING — Chinese electric automobile providers Xpeng and Li Automobile just about every sent a file variety of automobiles in October, according to organization releases late Wednesday. Xpeng said it delivered […]
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Chinese smartphone maker Xiaomi releases a new functioning program as it programs motor vehicle integration
The Xiaomi HyperOS logo is shown on a smartphone. Sopa Photos | Lightrocket | Getty Photos BEIJING — Chinese smartphone and equipment maker Xiaomi declared late Thursday a new running technique — as it seeks to develop its ecosystem with the imminent release of its very own automobile. Xiaomi shares rose a lot more than […]
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Jeep, Dodge maker Stellantis to make investments $1.6 billion in Chinese EV startup Leapmotor
Chinese EV maker Leapmotor introduced its 1st motor vehicle for the international marketplaces termed the C10. Arjun Kharpal | CNBC Stellantis on Thursday explained it will invest 1.5 billion euros ($1.58 billion) in Chinese electric vehicle startup Leapmotor, as classic automakers seem for a way to compete in China’s cutthroat sector. The businesses will sort […]
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Chinese augmented truth organization Xreal launches upcoming-gen eyeglasses in obstacle to Meta and Apple
Xreal Air 2 in motion. Xreal’s augmented fact glasses is appropriate with gaming consoles and can enable customers to engage in video games on a huge virtual display Xreal Chinese augmented fact (AR) company Xreal on Tuesday released its next-technology glasses, as curiosity proceeds to rise in the technologies that a lot of tech giants […]
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The U.S. is striving to tighten the screws on Chinese AI. What that implies for stocks
The artificial intelligence behind ChatGPT-like products and autonomous driving is driving enormous demand for Nvidia’s chips in China. In the previous 7 days, even so, analysts reduce their Nvidia cost targets right after news the U.S. strategies to ban the sale of more superior-end semiconductors to China. The region accounts for at least a single-fifth […]
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Chinese EV stocks tank immediately after Tesla earnings disappoint
SHANGHAI, CHINA – APRIL 18: A BYD Seagull modest electric vehicle is on screen during the 20th Shanghai Worldwide Vehicle Industry Exhibition at the Nationwide Exhibition and Conference Heart (Shanghai) on April 18, 2023 in Shanghai, China. (Image by VCG/VCG by using Getty Photos) Vcg | Visible China Group | Getty Visuals Shares of Chinese […]
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VinFast aims to promote up to 50,000 EVs in 2023 — but it has only strike 23% of its target so much
VinFast electric automobiles are parked in advance of delivery to their initially consumers at a retailer in Los Angeles, March 1, 2023. Lisa Baertlein | Reuters Vietnamese electric powered vehicle maker VinFast’s ambitious prepare to provide as a lot of as 50,000 cars this calendar year is “unrealistic,” according to just one analyst. VinFast reported […]
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EU trade main states the end result of China EV probe can’t be prejudged
BEIJING — Europe has released an investigation into Chinese electric powered car subsidies, but no assumptions should really be manufactured about the probe’s consequence, the head of trade for the European bloc’s executive branch stated Tuesday. About two months in the past, the European Commission introduced an investigation into governing administration subsidies for EV makers […]
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