In this article 9866-HK Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Nio confirmed Monday it has begun deliveries of its new luxury sedan, the ET7, on schedule, sending U.S.-traded shares of the Chinese electric vehicle maker higher in morning trading. Nio said in a statement
Month: March 2022
As promised earlier this month, NIO has started delivering its ET7 electric flagship sedan to Chinese customers on March 28. The first batch of ET7s were delivered today to buyers at the company’s headquarters in Hefei, Anhui province, by NIO manufacturing and quality experts. The formal commencement of ET7 customer deliveries is an important milestone
If the market has taught us anything these past couple of decades or so, it’s that there can never be enough SUV and crossovers. Despite already having a few models in its range including the compact-sized CX-30, the electric MX-30 and of course, the CX-5 (not to mention the mid-size CX-9), Mazda churned out yet
SHANGHAI — Volkswagen Group said its Shanghai operations were not currently affected by the city’s lockdown and that production was still ongoing, after authorities imposed drastic curbs to try and stem the spread of COVID-19. “Our Anting operations are currently not affected by the Shanghai city lockdown. In the current situation we still need to
4:46 PM ET JEDDAH, Saudi Arabia — For two consecutive days Formula One cars lapped Jeddah’s Corniche Circuit against the backdrop of a cloud of black smoke on the city’s skyline. The smoke was a result of a missile attack on an oil depot six miles to the east of the track that occurred 20
A former General Motors manager was indicted with conspiracy to commit bribery after allegedly accepting $3.4 million from an international parts supplier. Hyoung Nam So, 46, who goes by Brian So, was a global purchasing and supply chain manager at GM who oversaw parts used to build interiors of North American vehicles. In October 2015,
In this article TSLA Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters SpaceX and Tesla CEO Elon Musk announced on Twitter on Monday that he has Covid. The announcement comes after Tesla’s factory in Shanghai faced regional Covid restrictions that reportedly require
The Fisker Ocean electric crossover is getting 10-year/100,000-mile (whichever comes first) battery and powertrain warranties, Fisker confirmed over the weekend. The battery warranty covers up to 75% of the original battery capacity, according to Fisker’s website. For reference, Rivian offers 8-year/175,000-mile battery warranty, while Tesla’s longest warranty (for the Model S and Model X) is
Buick appears to be rearranging its shields. The General Motors brand recently filed a trademark application that shows the three shields in its logo aligned horizontally instead of diagonally, and no longer overlapping. The shields also lose their diagonal stripe in favor of a curved line, and there’s no ring around the trio. (Jalopnik thinks
By Simon Alvarez Posted on March 28, 2022 Tesla (NASDAQ:TSLA) shareholders will be voting on a potential stock split during this year’s annual shareholder meeting. The update was posted by the company through its official Twitter account on Monday. “Tesla will ask shareholders to vote at this year’s annual meeting to authorize additional shares in
SHANGHAI — Tesla is suspending production at its Shanghai factory for four days after the city said on Sunday it would lock down in two stages to carry out mass testing for COVID-19, two people familiar with the matter said. The automaker has notified its workers and suppliers of the move, the people said. The
6:38 AM ET Red Bull Formula One boss Christian Horner praised Mercedes rival Toto Wolff for speaking out about the mental health issues that he has dealt with for more than a decade during unprecedented success. Wolff, an Austrian, told the Sunday Times last week that he had been seeing a psychiatrist since 2004 and
Many of the companies that have moved operations outside of Ukraine or Russia might not be in a hurry to return, an analyst at AlixPartners said. “We’ll likely not see a quick return,” said Mark Wakefield, global co-leader of the automotive practice at AlixPartners. “You wouldn’t want to bet on when the invasion will be
The new world of immersive in-vehicle entertainment has emerged as a space for business opportunities by many in the automotive industry. It has also sparked concerns regarding the safety of all this new technology. With those worries in mind, perhaps highlighted by Tesla’s scrap with federal regulators over gaming, contributor Marcus Amick spoke with Highway
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Italian car designer Pininfarina is looking at acquisitions after returning to profit for the first time in three years, CEO Silvio Angori said. “We can move on after the restructuring and look actively to opportunities in the market for inorganic growth, in addition to our organic growth plans,” Angori said in a phone interview. The
5:44 PM ET Max Verstappen and Charles Leclerc provided a great on-track spectacle at Sunday’s Saudi Arabian Grand Prix, but the headlines generated off track this week will rightly continue to hang over this event for a long while to come. It was a strange F1 race weekend, with the 48 hours before the race
Federal officials have again argued that bundled Guaranteed Asset Protection coverage renders an auto loan subject to the Military Lending Act, raising a potential concern for dealerships and the auto finance industry. American Financial Services Association Senior Vice President Celia Winslow warned the group’s Vehicle Finance Conference & Expo on March 9 about the amicus
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