Nio Inc (NIO) deliveries up 30% compared to last year

Nio (NIO) collaborates with NXP (NXPI) to leverage 4D imaging radar

Premium electric vehicle maker Nio Inc. (NYSE: NIO) announced alongside NXP Semiconductors N.V. (NASDAQ: NXPI) on Tuesday that the Chinese automaker will leverage NXPs leading automotive radar technology, including its ground-breaking imaging radar solution.

With NXPs lates 4D imaging radar, cars will be able to detect and classify objects such as other vehicles and... More

Fisker (FSR) partners with Ample to employ battery swapping technology

Electric automaker, Fisker Inc (NYSE: FSR) said Tuesday that it would be partnering with new energy company, Ample to deliver Ocean electric SUVs with swappable batteries by the start of next year.

Fisker is hoping its partnership with the battery startup will help the... More

NIO Inc. (NIO) Delivered 6,658 EVs in April 2023

NIO Inc. (NYSE: NIO) today announced its April 2023 delivery results.

NIO delivered 6,658 vehicles in April 2023, representing an increase of 31.2% year-over-year. The deliveries consisted of 1,713 premium smart electric SUVs, and 4,945 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 327,255 as of April 30, 2023.

In April 2023, the majority of deliveries were attributable to ET5 and ES7, while NIO has been upgrading its product offerings from NIO Technology 1.0 (NT1.0) to NIO Technology 2.0 (NT2.0).

In late April 2023, NIO started to steadily ramp up the production and... More

BYD posts fivefold jump in 1Q profit

Chinese electric automaker BYD Co. posted a fivefold jump in its first-quarter profit on Thursday.

Net profit for the first three months of the year was 4.13 billion yuan ($596.56 million), up 410.9% from 808.41 million yuan a year earlier, on revenue up 79.8% at 120.17 billion yuan, the company said in a stock... More