Nio

The car company has also established a new sub-brand that will develop vehicles with lower price tags.

The new label will sell mid-tier EVs that retail for around half the price of Nio’s current vehicles.

The bold strategy to invest in three companies led to explosive growth in Hefei’s jobs, GDP, and return on investment.

With futuristic cockpits and automated driving becoming reality, will manual driving become a thing of the past?

Nio needs to tell international stories to investors worldwide, say analysts.

The EV maker suspended its production for five working days at the end of March due to a lack of chips, which is likely to affect deliveries in April.

Tesla reduced its prices by 20% after switching to the low-cost alternative.

The 51-year-old founder and CEO is putting his reputation on the line for Xiaomi’s new EV venture.