China's Nio teams up with Geely on auto battery swapping
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Nio Inc. (NIO) reports deliveries of just under 16k units in November
December 1, 2023 10:40 AM ESTChinas NIO Inc. (NYSE: NIO), a prominent player in the high-end smart electric vehicle sector, released its November 2023 delivery figures on Friday.
In November 2023, NIO achieved a delivery milestone of 15,959 vehicles, marking a 12.6% increase compared to the previous year.
Among these deliveries were... More
Mercedes-Benz teams with BMW to expand EV charging in China
November 30, 2023 9:29 AM ESTGerman automaker, Mercedes-Benz disclosed Thursday its successful negotiation with BMW to establish a collaborative partnership to focus on a robust charging network for high-powered electric vehicles in China.
The company, in its statement, outlined plans to install a minimum of 1,000 high-power charging stations, adding around 7,000 charging points across... More
Chinese EV maker Zeekr delays U.S. IPO
November 30, 2023 8:51 AM ESTAccording to sources familiar with the matter, Zeekr, a high-end electric vehicle (EV) label under the Chinese automotive giant Geely, has put their planned U.S. initial public offering (IPO) on hold due to differing valuation expectations.
Amidst shaky global financial markets, a third source mentioned that the decision to delay the IPO was due to the volatility. None of the sources agreed to be identified as the info hasn't been made public yet.
Zeekr, which recently filed for a prospectus to list shares in New York, expected to retain... More
Nio (NIO) teams with Geely to advance battery swapping in EVs
November 29, 2023 2:12 PM ESTChinese automakers Nio (NYSE: NIO) and Zhejiang Geely Holding Group, on Wednesday, announced a strategic partnership agreement focused on battery swapping.
This collaboration between the automakers involves joint efforts in setting standards, advancing technology, and developing models.
Geely, known for its diverse brands like Volvo and Zeekr, becomes the second automaker to... More
