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Nio'S New Brand Onvo Aims To Outshine Tesla

Nio’s New Brand Onvo Aims to Outshine Tesla

Chinese electric vehicle (EV) manufacturer Nio has unveiled Onvo, a new, budget-friendly sub-brand set to challenge Tesla in the competitive EV market. The first car from this brand, the L60 SUV, is positioned to be a significant contender, offering a…

Rivian contrata a un poderoso jefe de comunicación

Rivian anuncia más despidos en California

Rivian Automotive Inc., a once-celebrated name in the electric vehicle (EV) market, has informed California state officials of its plan to implement more layoffs. In a letter dated April 24 to the Employment Development Department, Rivian’s vice president of people,…

Nio'S Narrow Loss: A Glimpse Of Profitability

Nio’s Narrow Loss: A Glimpse of Profitability

Nio’s Comeback: Narrowing Losses Signal Rising Hope Nio, China’s prominent electric vehicle (EV) maker, saw its shares reportedly jump by 4% following a report of narrower-than-expected losses, signaling a potential turnaround for the company. Amidst a fiercely competitive EV market…

Mercedes Zooms Ahead With Charging Stations In China

Mercedes Zooms Ahead with Charging Stations in China

Hey there, car enthusiasts! Get ready for this: Mercedes-Benz is launching its very own charging station in Chengdu, China, this October. And that’s just the start! The luxury car brand’s CEO, Ola Kaellenius, reportedly spilled that more stations are heading…