NIO Breaks 40,000 Deliveries in Oct, Eyes 50,000 as Brand Reclaims Momentum
NIO Inc. achieved over 40,000 monthly deliveries for the first time, signaling a strong turnaround and strategic recovery.
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Wuhan Weineng Battery Asset Co., Ltd. Secures RMB 670 Million in Series C Equity Financing
The raised funds will be primarily used for battery asset-related business deployment and technological R&D iteration.
NIO World Model V2 Set for Year-End Release, ONVO OSD Update Incoming
NIO NWM2.0 will be rolled out to users on the Banyan platform by the end of this year, with users on the Cedar and Cedar S platforms scheduled to receive the update in Q1 next year.
China’s NEV Makers Log Record Deliveries in October: Leapmotor Tops 70 K, NIO Breaks 40K
October saw China’s NEV market thrive, led by NIO, Xpeng, and Leapmotor, amid rising competition.
China Builds 68,000 Highway EV Chargers, Over 37,000 High-Power Units Now Online
As of September, eight of China’s top ten charging operators were private enterprises, operating more than 70% of all public charging stations nationwide.
Zeekr Delays Facelifted 007 to 2026 Amid Battery Shortage and Delivery Pressure
Zeekr’s facelifted 007 launch is delayed until 2026 due to strong demand and battery production constraints.
Xiaomi Auto Nears Profit as Deliveries Surge, Set to Outpace NIO and Xpeng
Xiaomi’s EV business is poised for profitability, potentially achieving a net profit of RMB 707 million in Q3 2025.
New ES8 Deliveries Stretch to April 2026, NIO Adjusts ES9 Launch Timeline
With the new ES8’s delivery cycle extending beyond 22 weeks, NIO is slowing the pace of new launches to balance production constraints and multi-brand coordination.
NIO’s Firefly to Enter Thailand with RHD Models
A “long-range” Firefly variant will be introduced, featuring a larger battery with a range of 500–600 km and backward compatibility with existing configurations.
Xiaomi Joins NIO, Li Auto with Year-end EV Purchase Tax Subsidy
Xiaomi Auto’s 2023 program offers up to RMB 15,000 tax subsidies for SU7, SU7 Ultra, and YU7 models to offset increased 2026 vehicle costs from new tax policies.