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Latest NIO rumors: First phone to arrive next year plus a third brand targeting $15k EVs

NIO Phone

An ever-evolving stream of rumors continues to emerge from China around EV automaker NIO and what it will be delivering next. Following reports earlier this year that NIO would be developing its own phones, we’ve gathered the latest updates, as well as the automaker’s rumored plans for an additional brand aimed at delivering EV’s priced between $15,000-$30,000.

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Baidu unveils Apollo RT6 Level 4 autonomous robotaxi with detachable steering wheel

Baidu robotaxi

During its Baidu World 2022 technology conference today, the Chinese technology company unveiled its sixth-generation fully-autonomous vehicle – the Apollo RT6. With a detachable steering wheel, Baidu has created a production-ready EV with Level 4 autonomous driving capability that is expected to join the Apollo Go robotaxi fleet next year.

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Lotus completes billion dollar factory in China, rolls first all-electric Eletre off assembly line

Sport and racing car manufacturer Lotus Cars announced it has officially completed its $1.2 billion production facility in Wuhan, China where several of the company’s future BEVs will be built. The first to arrive will be the Lotus Eletre, whose first unit rolled off the assembly line as part of its development toward actual production.

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Stellantis terminates Jeep joint venture with GAC in China after failed takeover attempt

Jeep China

Global automaker Stellantis is making its footprint slightly less global, following the termination of a joint venture established with GAC Group over a decade ago to build Jeeps overseas. Stellantis has cited a “lack of progress” in acquiring a majority stake in the JV, and instead will try to import its electrified Jeep offerings to China.

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Geely launches new outdoors lifestyle marque Radar Auto to produce electric pickups, SUVs, and ATVs

Geely electric pickup

Rivian did it first, Ford did it the biggest, and now China is next. Geely Auto is entering the nascent electric pickup truck segment with an entirely new brand called Radar Auto. The new outdoors-centric marque officially launched today along with images of its flagship EV called the RD6. In addition to electric pickups, Radar also has plans for SUVs and ATVs.

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XPeng teases video of City Navigation Guided Pilot: Is it a better ADAS than Tesla FSD beta?

XPeng ADAS

Ahead of its official release in China, XPeng Motors has posted a teaser video showcasing the engineering (beta) version of its City Navigation Guided Pilot (NGP). The one-take video shows XPeng’s P5 sedan driving autonomously from XPeng HQ in Guangzhou to the city center, demonstrating a number of ADAS functions. If and when it reaches mass production, City NGP could offer a legitimate challenge to Tesla FSD beta.

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A blast from the past for the future: Is there room for GM Wuling’s retro Mini EV concept?

Retro Mini EV

A new retro concept version of the Wuling Hongguang Mini EV has emerged in China and begs a number of questions. Will SAIC-GM-Wuling produce the retro Mini EV despite it being a third-party design? Would GM consider bringing the popular EV to the United States? And lastly, does a customer base just starting to dip its toe in the world of futuristic EVs want a retro-looking vehicle?

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Canoo files lawsuit against its second largest shareholder citing suspicious share sales

Canoo Q2

EV startup Canoo is reportedly using a lawsuit to recoup profits made by DD Global Holdings and lead beneficiary Pak Tam Li, a significant stakeholder in Canoo with ties to China. In the lawsuit, Canoo is accusing DD Global of selling its shares in March while simultaneously doing an equity swap for the same amount of shares with an unknown buyer.

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NIO is allowing customers enrolled in battery swaps to opt out and buy their EV batteries

NIO Battery swaps

Two years after launching its Battery-as-a-Service (BaaS) model, NIO has amended its program to allow those customers enrolled in battery swaps to opt out and purchase their EV battery. NIO states that its decision is based off feedback from consumers who regret their BaaS enrollment, but explains this group remains relatively small.

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CATL invests in $6 billion battery project to manufacture, recycle, and mine material in Indonesia

CATL Indonesia

Fresh off news of its first expansion outside of China into Germany, CATL is expanding further as part of a new $6 billion dollar battery chain project in Indonesia. Through its subsidiary and an agreement with Indonesia PT AnekaTambang (ANTAM) and PT Industri Baterai Indonesia (IBI), CATL will have a majority stake in five of the six planned battery projects.

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‘World’s largest electric cruise ship’ makes maiden voyage in China with a whopping 7,500 kWh in battery power

electric cruise ship

In what is being dubbed the “world’s largest electric cruise ship,” the Yangtze River Three Gorges 1 recently completed its maiden voyage out of its home port in Yichang, central China’s Hubei Province. The 100 meter long, zero-emissions ship can haul up to 1,300 passengers at a time and is powered by batteries totaling 7,500 kWh, equivalent to over 100 EVs.

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BYD and Shell partner up to expand energy and charging solutions in China and Europe

BYD Shell

Chinese EV automaker BYD announced it has found an unlikely partner in Shell to expand and promote a good deal of energy and charging technologies together throughout Europe and China. This includes EV charging network services, integrated home energy solutions, electric vehicle service centers, and more.

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CATL announces zero-carbon battery plant in China as it looks to achieve global carbon neutrality

CATL battery plant

The world’s largest battery manufacturer, is going green… or at least starting to. Earlier today, CATL announced it has built a zero-carbon battery plant in Yibin, Sichuan province of China. While the current details are scarce, we can expect to learn more following a presentation on Friday local time overseas.

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