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Nio garners $2.2 billion investment from UAE fund

Teslarati

Chinese electric vehicle (EV) manufacturer Nio has garnered a $2.2 billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. market , the home country of dominant EV seller Tesla, by 2025. billion investment from UAE fund appeared first on TESLARATI.

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NIO revenues up in Q4 2023, Alps sub-brand to launch in Q2 with a Tesla Model Y competitor

Baua Electric

Chinese EV automaker NIO shared its Q4 2023 report today, followed by an analyst call that included some interesting updates about its plans for the year, expansion to new global markets, and the launch of not one but two EV sub-brands, including Alps. NIO intends to sell both its own brand and Alps brand EVs later this year.

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XPeng Motors continues global expansion, announcing dealer partnerships in 5 new markets

Electrek

Chinese EV automaker XPeng Motors continues expanding its global partnerships list, announcing today five dealer networks in separate new markets to help sell its vehicles.

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Zeekr introduced access into Saudi Arabia, UAE, Qatar, Bahrain

Baua Electric

Total, Zeekr plans to go into 8 world markets by way of the tip of this generation. Up to now, Zeekr has entered Eu markets in Sweden, the Netherlands, and Germany, and signed commitments with companions in Israel and Kazakhstan.

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How do Chinese language EV makers roll out unutilized merchandise so temporarily?

Baua Electric

Certainly one of our readers despatched me an e-mail asking how it’s imaginable that some 2-year-old Chinese language firms have already got 3 unutilized EVs at the street (Zeekr) or {that a} unutilized maker can create 7 unutilized fashions and seven facelifts in 5 years (Nio). million vehicles by way of 2025, and many others.

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Polestar’s Q3 revenue and gross profit skyrocket, operating loss trims by 33%

Teslarati

The growth was mainly driven by higher Polestar 2 sales and continued commercial expansion across markets. Revenue per vehicle decreased slightly, Polestar said, attributing the slight reduction to product and market mix. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

With EV call for slowing at house, and firms dealing with considerable import price lists in america in addition to a Ecu Union probe into Chinese language subsidies, automakers view the patch as a big enlargement alternative that, thus far, is in large part untapped. of the passenger-vehicle marketplace. Chery Car Co.