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Top related persons:
Bernadett Szabo - 1 Nio - 1 Cui Zhuzhu - 1 Zhang Yan - 1 Brenda Goh - 1 Emelia Sithole - 1
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Biatorbagy Hungary Anhui JAC's Shanghai China Shandong
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REUTERS - 1 Rights - 1 HK - 1 Anhui Jianghuai Automobile - 1 China Securities Journal - 1 Tesla Inc - 1 Lucid - 1 Sinogold - 1

Search resuls for: "Cui Zhuzhu"


4 mentions found


☆ China adds Nio to list of approved vehicle manufactures - website
  + stars: | 2023-12-04 | by ( ) www.reuters.com   time to read: +2 min
Chinese Nio electric car is seen at Nio's first European plant and power swap station in Biatorbagy, Hungary, September 16, 2022. REUTERS/Bernadett Szabo/File Photo Acquire Licensing RightsSHANGHAI, Dec 4 (Reuters) - Electric vehicle maker Nio (9866.HK) has been added to a Chinese industry ministry database permitting companies to produce vehicles in the country, according to the ministry's website. The website gave no details on whether or when a manufacturing licence was granted to Nio, which has since 2018 partnered with Anhui Jianghuai Automobile Group (JAC) to produce electric vehicles on a contract basis. U.S. luxury EV maker Lucid Group (LCID.O) has also been advised of the low likelihood for approval, sources have told Reuters. The last EV maker to receive both permits was Shandong-headquartered EV maker Sinogold in May 2019.
Persons: Bernadett Szabo, Nio, Cui Zhuzhu, Zhang Yan, Brenda Goh, Emelia Sithole Organizations: REUTERS, Rights, HK, Anhui Jianghuai Automobile, China Securities Journal, Tesla Inc, Reuters, Lucid, Sinogold, China Passenger Car Association, Thomson Locations: Biatorbagy, Hungary, Anhui, JAC's, Shanghai, China, Shandong
☆ Evergrande's EV unit suspends mass production due to lack of orders -sources
  + stars: | 2022-12-02 | by ( ) www.reuters.com   time to read: +2 min
SHANGHAI, Dec 2 (Reuters) - China Evergrande Group's electric vehicle unit has suspended mass production of its only model due to a lack of new orders, two people with knowledge of the matter said, in the latest set of troubles facing the indebted property developer. China Evergrande New Energy Vehicle Group (0708.HK) said in mid-September that it had started mass production of the Hengchi 5 model at a plant in the northern city of Tianjin and in late October said it had delivered its first 100 cars. It was not immediately clear how long mass production would stay suspended for. In July，the unit said it had received non-binding pre-orders for more than 37,000 units of the Hengchi 5. Competition in the EV sector has also been intensifying, with Tesla cutting prices and offering incentives in China, weighing on other loss-making competitors.
☆ Tesla says it will assist police probe into fatal crash in China
  + stars: | 2022-11-13 | by ( ) www.reuters.com   time to read: +2 min
China is Tesla's second-largest market, and the crash was among the top trending topics on the Weibo social media platform on Sunday. Calls to police in Raoping, the county where the accident happened, went unanswered on Sunday. Tesla has faced claims of brake failure in China before. In that instance, Tesla said speeding violations were behind her crash but promised to improve how it addressed customer complaints. Reporting by Liz Lee, Zhang Yan, Liangping Gao and Cui Zhuzhu; Editing by Brenda Goh and William MallardOur Standards: The Thomson Reuters Trust Principles.
☆ China's Nio resumes production at its two Hefei factories
  + stars: | 2022-11-03 | by ( ) www.reuters.com   time to read: +1 min
[1/4] A Nio ES8 electric SUV changing its battery is seen inside a power station at a JAC Motors-NIO plant in Hefei, Anhui province, China December 14, 2018. REUTERS/Yilei SunBEIJING, Nov 3 (Reuters) - Chinese electric vehicle maker Nio (9866.HK) said on Thursday it has resumed production at its two factories in the eastern city of Hefei, after COVID-19 curbs disrupted operations and delayed deliveries. "Production is resumed at the moment," said a company representative, declining to say whether it was a full or partial resumption. Nio said on Wednesday it had suspended production because of COVID curbs, leading to delays in deliveries when sales are booming, triggering a steep drop in its shares. Nio sold 10,059 cars last month, nearly three times its sales from October 2021, after introducing new models such as ET5.
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