NIO Inc. Provides August 2023 Delivery Update
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German Chancellor reveals plans for EV expansion law at IAA Munich
September 5, 2023 12:52 PM EDTGerman Chancellor, Olaf Scholz took a tour of this years IAA car show in Munich on Tuesday where he revealed a groundbreaking initiative to expand the electric vehicle industry in his country.
In his address, he praised the German car industry's dedication to electrification while expressing his disapproval of ongoing protests. Scholz announced a new law, expected in the coming weeks, designed to significantly increase the number of electric vehicle charging stations across the country.
Under... More
Chinese EV rivals shine in August, Li Auto (LI) hits record sales
September 1, 2023 8:42 AM EDTTeslas (NASDAQ: TSLA) Chinese rivals reported impressive August delivery numbers on Friday with Li Auto (NASDAQ: LI) achieving an all-time high in sales. XPeng (XPEV) reported its strongest month in over a year, while Nio (NYSE: NIO) came close to achieving a new delivery record.
Li Auto (LI)
Li Auto recorded a 2.3% increase in deliveries, with 34,914 vehicles delivered in August compared to the previous record of 34,134 vehicles in July and an astonishing 664% surge... More
