NIO hits back at Tesla: You show the price, I show the "muscle"

  "2020 is a year of rebirth for NIO." On January 9, Li Bin, who led Weilai to cross the line of life and death and bottomed out, appeared on the stage of 2020 NIO Day. Compared with the NIO day held in Shenzhen a year ago, Li Bin's state looks a lot easier.  At that time, NIO was in trouble, but now NIO is heading for glory. Li Bin’s speech is the most eye-catching part of NIO Day every year. In this part, he will release NIO’s new products and some new plans, which is a window for the outside world to get a closer look at NIO’s development. On NIO Day in 2020, the second-generation power station, 150-degree battery pack, and the first pure electric car ET7 will appear in succession. At the time of Tesla's price war and crazy sinking, NIO showed off its muscles, super computing power, super battery life, etc. are the highlights of this NIO day.  Wei Lai, who insists on not cutting prices and taking the high-end route, is hitting Tesla back on the curve? 1 More chargi

New battery technologies are coming out frequently. Who is the "big killer"?

  The continued expansion of the scale of electric vehicles has prompted continuous breakthroughs in power battery technology. Recently, South Korean media ETNews reported that LG Chem plans to mass-produce an ultra-high nickel NCMA battery in the second quarter of next year.  In the second half of next year, this battery will be mounted on the Tesla Model Y produced by the Shanghai Super Factory. Ultra-high nickel NCMA batteries will be produced by LG Energy, a wholly-owned subsidiary of LG Chem.  According to ETNews reports, the nickel content in NCMA battery cathode materials can be increased to 90%, and the cobalt content can be reduced to less than 5%. The biggest advantage of multi-element lithium batteries is high endurance. ETNews reported that NCMA batteries can provide a battery life of no less than 600 kilometers on a single charge, which is significantly higher than the current mainstream 500 kilometers endurance in the market. Combined with a Reuters report earlier this mo