The company will also consider cooperating with a local manufacturer to build a factory in Europe, but NIO first needs to increase its sales in Europe, says Li Bin.
Wang Naiyan, the former CTO of TuSimple China, will join Xiaomi Auto and report to Ye Hangjun, Chairman of the Xiaomi Technical Committee and head of Xiaomi Auto's autonomous driving.
On May 15th, BYD held a press conference in Mexico to officially launch the "SHARK" pickup truck, which will be sold in the Americas, Australia and other regions in the future.
Media reports state that the first strategic investment from a Hong Kong investment firm has been received by HiPhi, with company executives confirming plans to officially announce "resurrection" news at the end of April or early May.
Xiaomi CEO Lei Jun submitted the Xiaomi SU7 report card. As of April 24th, the number of locked orders for Xiaomi SU7 has exceeded 75,723 units; 5,781 units have been delivered.
In a bid to bolster its market position and appeal to consumers, Tesla has recently rolled out substantial price adjustments for its vehicle lineup in both China and the United States.
Xiaomi will hold a press conference at the Beijing Auto Show on April 25th. Lei Jun will announce the delivery performance within 28 days of listing and reveal some new plans for Xiaomi SU7 in 2024.
The BYD SHARK boasts a straightforward design with a robust body, and its charging/fueling ports on the sides indicate its status as a new energy vehicle.
On April 18th, Li Auto's luxury 5-seat family SUV Li L6 was officially announced to be on sale with a starting price of 249,800 yuan and will begin mass deliveries in May.
On April 17th, XPeng Motors and Volkswagen Group officially signed the EEA Strategic Cooperation Framework Agreement. The official referred to it as a new milestone in the strategic cooperation between the two parties.
