Former Nio EV brand Hycan in death throes with few remaning employees and increasing debts
In June, we reported that former Nio brand Hycan was about to go bust. It seems that the brand is now in its final death throes. Despite being headquartered in Guangzhou, the brand was not displayed at this year’s Guangzhou Auto Show. In contrast, at last year’s show, Hycan bought...
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Infiniti claims its not withdrawing from China despite rumors
Infiniti has officially refuted a rumor that it is withdrawing from the Chinese market. The rumor appears to have originated from a Wechat-based blogging account and posts on Weibo. Despite Infiniti’s protestations that it is not true, evidence suggests otherwise. – Advertisement – The Japanese brand was absent again from...
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“Next year, we will have a large 6- or 7-seat SUV”
The Nio’s Onvo vice president of products Eric Yu confirmed that the brand’s second model will be the large SUV with six or seven seats inside. It will be released to the market in the first quarter of 2025. The deliveries of the second Onvo car will start around May...
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CATL announces second-generation sodium battery
On November 18, CATL announced its second-generation sodium battery. Speaking at the World Young Scientists Summit, chief scientist Wu Kai revealed the development of the battery and said that it would be launched in 2025. – Advertisement – The key difference with the second-generation sodium-ion battery is that it can...
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