NIO Inc. delivered a record 31,305 vehicles, up 55.2%, ahead of its Q2 report, as competition in Chinese luxury cars intensifies.
Chinese EV
China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers.
Stay updated with the latest news on the US's potential ban on Chinese and Russian technologies in smart car communication systems.
Europe's automakers face tough competition from leaner Chinese rivals in the electric vehicle market leading to cutting costs to compete.
The innovative Chinese manufacturer of electric vehicles Nio has taken a bold step in the luxury car market with its ET9 executive sedan.
