Etiqueta: NIO

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which w

US brands like Rivian and Lucid benefit from significant external funding

International Business News: Trump’s 25% tariff on imported vehicles aids Tesla in the US but fails against China’s BYD, which leads global EV sales. Tesla faces backlash abroad d

No one wins in a trade war, as economists have insisted for decades. Yet Elon Musk sure does seem to be blowing this maxim to smithereens. In January

The Chinese EV maker topped Tesla in total revenue last year as it builds its home-market lead

BYD is sitting in the pole position with China's NEV penetration rate forecast to hit 75%

Hang Seng Index opened higher today, gaining 59 points or 0.25%, to reach 23,749 points. The National Enterprises Index rose by 28 points or 0.32%, settling at 8,770 points, while the Technology Index increased by 25 points or 0.44%, to stand at 5,664 points.

China's biggest electric vehicle (EV) maker BYD launched its most expensive model under its Denza brand to challenge BMW and Mercedes-Benz in the luxury segment as competition in the world's largest auto market intensifies. The Denza unit on Friday unveiled the six-seat SUV called Denza N9, priced at 389,800 (US$60,860) to 449,800 yuan, which is available in plug-in hybrid and pure-battery versions. Denza also sells D9 MPV, which was rolled out in 2022 and priced from 339,800 yuan. The SUV will

The industry has been shocked by the Chinese carmaker's claims, but don't expect to see it here anytime soon.