Two of the country’s leading makers of electric vehicles announced they are merging their battery swapping and charging operations.
Category: Nio Ltd
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Two of China’s EV Makers Announce a Deal as Auto Industry Moves Toward Consolidation
The New York Times – Business: -
What Hefei, China’s EV City, Says About the State of the Economy
Hefei has led the country in making electric vehicles and other tech products, but it still has not escaped a nationwide housing crisis.
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Why Volkswagen Is Hiring 3,000 Engineers in China
Volkswagen is shifting more operations to China, tapping the country’s electric vehicle capacity and building factories.
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China’s Electric Car Factories Are Facing a Worker Shortage
China misjudged the rapid expansion of its electric vehicle sector, leaving a shortfall of skilled technicians as young people shun manufacturing careers.
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Nio Loses $35,000 a Car. That Should Scare the U.S. and Europe.
Chinese electric vehicle companies like Nio are pulling ever further ahead, partly through government support but also rapid technological advances.
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Price War Over Electric Cars Erupts in China
The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few years.
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Why China’s Economy Faces a Perilous Road to Recovery
The New York Times – Business:Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.