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Nio delivered 55,432 vehicles in the third quarter, slightly above the lower end of the guidance range of 55,000 to 57,000 vehicles. Nio (NYSE: NIO) will report unaudited financial results for the third quarter on Tuesday, December 5, before the US markets open, the company announced today. Nio delivered 55,432 vehicles in the third quarter, slightly above the lower end of the guidance range of 55,000 to 57,000 vehicles. Deliveries for the quarter were up 75.38 percent year-on-year and up 135.68 percent from the second quarter. Nio had previously guided third-quarter revenue at RMB 18.9 billion ($2.65 billion) to RMB…

Between November 1 and 19, Li Auto had 25,400 insurance registrations in China, Nio had 9,400, Xpeng had 10,400, Tesla had 39,300 and BYD had 129,700 units. Insurance registrations in China for the major electric vehicle (EV) makers generally rose last week. For the week of November 13 to November 19, Li Auto (NASDAQ: LI) had weekly sales of 10,000 units, the company said on Weibo today. As before, Li Auto didn’t explain the basis for calculating that weekly volume, but apparently, they were insurance registrations. The company suspended sharing those numbers in May, but has since resumed sharing them.…

The tie-up comes after Nio basically pulled out of a joint venture with Changan, marking the first external partner for Nio’s iconic energy replenishment network. (Image credit: Nio) Chongqing Changan Automobile and Nio (NYSE: NIO) have partnered on battery swap network sharing, marking the first external partner for the latter’s iconic energy replenishment network. Nio announced that it signed a battery swap business partnership agreement with Changan in Chongqing today. The two will jointly facilitate the formulation of standards for swappable batteries, build and share the battery swap network, develop swappable vehicles, and establish an efficient battery asset management mechanism,…

Shandong Weida was up 6 percent in Shenzhen at press time, and up about 20 percent over the past month. Nio (NYSE: NIO) is expected to announce the first partner that will use its signature battery swap stations later today. Before that, shares of a Chinese company that makes the facility for it have soared. Shenzhen-traded Shandong Weida Machinery rose 10 percent at the opening of China’s stock market today, the maximum of its daily gain, though that was back down to about 6 percent as of this writing. Shandong Weida’s shares have risen more than 20 percent cumulatively since…

We usually start with a written report on any new climate research, then throw in a video at the end to add impact to what we wrote. But if the purpose of our reporting is to change hearts and minds, we have to admit our usual practice isn’t working. The amount of climate altering emissions keeps going up instead of down, despite us standing on our heads to impress people with the seriousness of the situation. And so, to bring you the news about the latest UN Emissions Gap Report, we are going to start with the video and add…

Tesla has raised the Model Y Long Rang’s starting price in China by RMB 2,000, the fourth price hike in the past month, although the moves are for different models. (Image credit: CnEVPost) Tesla (NASDAQ: TSLA) has once again raised the price of one of its versions of a model by a small amount in China, following previous warm-ups. The US electric vehicle (EV) maker today raised the starting price of the Model Y Long Range in China by RMB 2,000 yuan ($280), according to the latest information on its Chinese website. The move brings the Model Y Long Range’s…

Japanese automakers are scrambling to avoid being squeezed out of the market by BYD and other Chinese EVs. Honda and Nissan are the latest to slash rates in overseas markets to boost demand. It’s no secret that Japanese automakers are some of the biggest laggards as the industry transitions to EVs. Those same companies are paying for it in overseas markets. According to a new report from Asia News Network, Nissan and Honda cut prices in Thailand and slashed interest rates to 0% to attract buyers. The move is rare, especially for Honda. CEO of Honda Automobile (Thailand), Hideo Kawasaka,…

Tesla is accelerating the rollout of the V4 Supercharger across the U.S. Having debuted in Europe early this year, the V4 dispensers are now increasingly available stateside. They have already popped up in Oregon, Nevada, and Alabama, and now YouTuber Kim Java spotted a new V4 Supercharger in Atlanta, Georgia. Previously, we highlighted the improved design of the V4 stalls. They are equipped with an integrated Magic Dock (or CCS-1 adapter), a digital credit card reader, and a compact display. Notably, they boast a taller and more streamlined structure and feature a lighter, extended cable, measuring 10 feet in length—3.5…

The Volkswagen Group’s problem with the all-new APP550 drive units for MEB-based electric cars might be bigger than initially thought. According to Handelsblatt (via Electrive), the production volume of the new APP550 rear-wheel drive unit (210 kW / 286 PS and 550 Nm) is significantly limited. The constraints are so big that it already affected the Zwicaku and Emden plants in Germany, causing Zwickau’s production halt of Volkswagen ID.4, Volkswagen ID.5, Audi Q4 e-tron, and Audi Q4 Sportback e-tron. Soon, the production will be limited at Skoda’s plant in Mlada Boleslav in the Czech Republic too, which means fewer Skoda…

Honda surprised everyone at this LA Auto Show by showing up with the thinly veiled Prelude hybrid concept for the first time in the United States. And although nothing about the car’s changed since it showed up at the Japan Mobility Show, a chat with a PR representative— coupled with social media reactions to posts of the Prelude—shows that these nostalgic names really, really resonate with the public. They resonate so much, that it’s only a matter of time before Honda officially confirms the Prelude for production. Does Honda have more old-school names in store for us as it beefs…