Nio launches new electric sedan to rival Tesla’s Model S

Nio launches new electric sedan to rival Tesla’s Model S

Analysts say homegrown NEV outperforms high-profile American rival; data suggests world’s largest auto industry is set for 2021 rebound (ATF) Chinese analysts say the electric car startup Nio significantly outperformed peers, after the company unveiled its first sedan that critics say will be the biggest rival for Tesla’s Model S. …

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China’s Nio is worth more than Ford or General Motors 

China’s Nio is worth more than Ford or General Motors 

Chinese electric vehicle maker Nio is worth more than General Motors and Xpeng is close to the value of Ford, but Biden's administration is expected to try to boost US production (ATF) China’s electric vehicle (EV) maker Nio now has a higher market value than General Motors, while Xpeng is …

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Rise of EVs spells end of the oil era

Rise of EVs spells end of the oil era

Factors conspire to end demand for hydrocarbons in the region that uses more than any other (ATF) Falling battery prices, environmental concern and electrification of transportation by crude-dependent countries like India and China could bring the oil era to an end, a strategist at financial think tank Carbon Tracker told …

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China ignites electric car production, sales

China ignites electric car production, sales

NEV sales in China more than doubled last month compared with a year earlier. Analysts believe the momentum will continue in the remaining two months of 2020 in a country that seeks to make all new vehicles sold in 2035 “eco-friendly” (ATF) Sales of electric cars again outpaced those of …

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