Nio

Record deliveries and a richer product mix pushed the automaker into profit, but the turnaround remains incomplete.

The new model lets high-credit users drive before they buy.

Xpeng, Li Auto are developing on-vehicle AI models with billions of parameters, but size alone may not guarantee better performance.

Smaller players are launching affordable models in a fight for survival amid an overcapacity struggle.

After another cash infusion, the onus is on the EV maker to prove it can turn a profit.

CEO William Li says the EV maker is emerging from a crisis deeper than in 2019, but now has the maturity to weather it.

The EV maker projects a recovery, but with a steep deficit and mounting competition, hitting its 50,000-unit monthly target is key.

Sportier aesthetics, reworked interiors, and AI-powered ride control define the updated midsize EVs, offered at the same starting price.